Template-Type: ReDIF-Article 1.0
Author-Name: Irina E. Voishvillo
Author-Email: Ivoishvillo@nifi.ru
Author-Workplace-Name: Financial Research Institute, Moscow 127006, Russia
Author-Name: Goar  E. Shakhnazaryan
Author-Email: goar@nifi.ru
Author-Workplace-Name: Financial Research Institute, Moscow 127006, Russia
Title: Macroeconomic Risks of Microfinancial Institutions Activity and Ways of Their Minimization
Abstract: The article describes the most significant risks inherent in the microfinance sector of Russia. It is shown that for different types of microfinance institutions, there is some specificity in the manifestation of these risks and the mechanisms of their limitations. Moreover, not all risks can be limited by increasing the transparency of the microfinance organization as a whole. Our proposed approach could increase the effectiveness of control over the activities of microfinance institutions in terms of minimizing the risks involved.
Classification-JEL:
Keywords: microfinance institution, risks of microfinance, resource base, loan portfolio, loans, reserves, microloans, sustainability indicators
Journal: Finansovyj žhurnal — Financial Journal
Pages: 21-30
Issue: 4
Year: 2013
Month: December
File-URL: http://www.nifi.ru/images/FILES/Journal/Archive/2013/4/statii/2013_04_02.pdf
File-Format: Application/pdf
Handle: RePEc:fru:finjrn:130402:p:21-30