INTERNATIONAL MICROFINANCING IN ARMENIA: CONDITIONS AND BASIC APPROACHES ON DEVELOPMENT
Developing micro – financing will be possible and progressive by creating quickly enough necessary preconditions for functioning the micro-enterprises and individual, private entrepreneurship - the two main directions of small business.
Micro - financing, as a rule, happens to be directed to those layers of the population which have low incomes or socially are not protected, but at the same time are economically active and at presence of the starting capital are capable to organize own business. In less developed countries the sector of micro - business provides with workplaces from 30 % up to 80 % of economically active population.
Presence of the advanced infrastructure on granting/investing micro-financial services can improve essentially as a social status of wide layers of the population, and considerably, promote economic growth, in particular, less developed countries with transitive economy.
It is obvious, that micro - financing stimulates to creation of necessary preconditions for development of small business and formation of middle class of businessmen that is the important condition of political, economical and social stability of the states.
14 freelancers are bidding on average $12/hour for this job
Hi sir, being a top class freelancer am assuring you high quality contents within your budget. Give me a chance to work with you. Let me know how many articles you need and word count per article.
My current aim is to establish myself as one of the most reliable provider and I believe that the only way to achieve this is by Buyer Satisfaction. Miss Flora