Micro–credits: possibility for work and improvement of the family economy
Article Sidebar
Main Article Content
Abstract
Micro–credits have become the main source of regular income for thousands of small businesses that operate outside the range of official frameworks, and which represent the only possibility of welfare for a large part of the population in underdeveloped countries. Obtaining financial backing from the official bank is so difficult that there is an urgent need to arrange financial systems adapted to their specific cases. The author emphasises the quantitative importance of these micro–businesses, classified in the so–called informal sector, as well as their role in the battle against poverty, being the only means of subsistence for thousands of families. In this article the main characteristics of this type of financial backing are analysed, as are the institutions that provide it, and a series of recommendations are made as regards concession and its conditions. The suggestion is put forward that systems for saving should be provided together with those of credits and the role of women as the main recipients of this type of financing is stressed.
Downloads
Article Details
The authors acknowledge that the Revista de Fomento Social assumes as its own the intellectual property rights over their work and grant the journal the permissions of distribution and public communication of the same established in the Berlin, Bethesda and Budapest declarations; for this reason they accept that the work presented be distributed in open access, protecting the copyright under a "Creative Commons Attribution-NonCommercial-NoDerivativeWorks 4.0 (CC BY-NC-ND) license.
You may copy, use, disseminate, transmit and publicly display provided that:
Cite the authorship of the work, the publication in Revista de Fomento Social, issue, year and the pages where you found the information.
No commercial benefit may be obtained.
No derivative works may be made for commercial purposes that are not authorized by the journal.
Authors are encouraged to disseminate the article electronically (Revista de Fomento Social, number, year, pagination, ISSN, DOI, etc.), in order to favor its circulation and diffusion, increase its citation and reach among the academic community.
The information of the journal will be provided to Dulcinea