MICRO FINANCE PRACTICES IN INDEPENDENT TURKISH REPUBLICS Cover Image

BAĞIMSIZ TÜRK DEVLETLERİNDE MİKRO FİNANSMAN
MICRO FINANCE PRACTICES IN INDEPENDENT TURKISH REPUBLICS

Author(s): Nurhodja Akbulaev
Subject(s): Economy, National Economy, Micro-Economics, Social development, Crowd Psychology: Mass phenomena and political interactions, Social Informatics, Sociology of Culture, Sociology of the arts, business, education, Economic development, Sociology of Politics, Socio-Economic Research
Published by: Sage Yayınları
Keywords: Grameen Bank; Microcredit; Microfinance; Models; Poverty;

Summary/Abstract: Almost all societies have some citizens living in poverty. Although the most severe poverty is in the developing world, there is evidence of poverty in every region. The fight against poverty is usually regarded as a social goal and many governments have some dedicated institutions or departments. Poverty itself is also likely to be a barrier for poverty reduction. In general, the government can directly help those in need. However another method in helping to fight poverty is to use microfinance approach. Microfinance tries to fight global poverty and bring opportunities to the world’s poorest people. With tiny loans and financial services, it helps the poor, mostly women, start businesses and escape poverty. Also microfinance is not only financial aids for the poor but also its social improvements. As previous studies have implied sustainability and cost-effectiveness within the microfinance programme is important for the long-run poverty reduction in the Republics of Kazakhstan, Kyrgyzstan and Uzbekistan. In this study focus on some solutions for Central Asia poverty problem such as mikrofinance approach. Also it examines the Republics of Kazakhstan, Kyrgyzstan and Uzbekistan conditions the aspect of poverty and microfinance practices.

  • Issue Year: 4/2012
  • Issue No: 15
  • Page Range: 112-120
  • Page Count: 9
  • Language: Turkish