Microfinance as a Mechanism against Financial Exclusion in the European Rural Areas – an Inspiration for the Czech Republic
Summary. Microfinance institutions in Europe show better repayment performance in rural areas than urban areas, according to analysis of a European microfinance database. The Czech Republic lacks microfinance infrastructure, forcing rural entrepreneurs to rely on expensive consumer credit. The authors recommend that policymakers develop legal frameworks supporting microfinance systems to reduce financial exclusion and disparities between rural and urban regions.
Cite this article
Chmelíková, G., Krauss, A., & Lategan, F.. (2021). Microfinance as a Mechanism against Financial Exclusion in the European Rural Areas – an Inspiration for the Czech Republic. Agris on-line Papers in Economics and Informatics. https://doi.org/10.7160/aol.2021.130406
Chmelíková, Gabriela, et al. “Microfinance as a Mechanism against Financial Exclusion in the European Rural Areas – an Inspiration for the Czech Republic.” Agris on-line Papers in Economics and Informatics, 2021. https://doi.org/10.7160/aol.2021.130406.
Chmelíková, Gabriela, Annette Krauss, and François Lategan. 2021. “Microfinance as a Mechanism against Financial Exclusion in the European Rural Areas – an Inspiration for the Czech Republic.” Agris on-line Papers in Economics and Informatics. https://doi.org/10.7160/aol.2021.130406.
@article{chmel-kov-2021-microfinance-mechanism-against-financial-exclusion,
title = {Microfinance as a Mechanism against Financial Exclusion in the European Rural Areas – an Inspiration for the Czech Republic},
author = {Gabriela Chmelíková and Annette Krauss and François Lategan},
journal = {Agris on-line Papers in Economics and Informatics},
year = {2021},
doi = {10.7160/aol.2021.130406},
url = {https://doi.org/10.7160/aol.2021.130406}
}
TY - JOUR TI - Microfinance as a Mechanism against Financial Exclusion in the European Rural Areas – an Inspiration for the Czech Republic AU - Gabriela Chmelíková AU - Annette Krauss AU - François Lategan JO - Agris on-line Papers in Economics and Informatics PY - 2021 DO - 10.7160/aol.2021.130406 UR - https://doi.org/10.7160/aol.2021.130406 ER -