期刊名称：Finante - provocarile viitorului (Finance - Challenges of the Future)
印刷版ISSN：1583-3712
出版年度：2009
卷号：1
期号：10
页码：127-131
出版社：University of Craiova, Faculty of Economics and Business Administration
摘要：Microfinance activity is recognized – at the level of European institutions and member states - as an area with a significant impact on entrepreneurship, economic growth and social inclusion. But the market of this important financing source for disadvantaged entities still have imperfections, mainly due to costs involved, the lack of collateral and lack of national regulations. Also the effects of international financial crisis were felt in the microcredit field. In this context, the European Commission launched new programs (JEREMIE, JASMINE program; the SME Guarantee facility, micro instrument Progress) that can provide opportunities to improve the micro-credit activity in Europe.
关键词：microfinance; microcredit activity; small and medium enterprises
