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- W2382180568 abstract "Informal finance,with its unique origin and historical accretion,provides nutrient for the development of microcredit,and microloan,as an important means of poverty relief,points out the direction for the reasonable development of informal finance.Rotating savings and credit associations,as informal finance organizations,have long existed in China,and their existence has certain necessity and adaptability.We should change their disadvantage of high risk and low repayment rate,use them in the framework of microcredit and make it a new pattern of microcredit.This is an effective trial in exploring a new pattern of microcredit in rural China,thereby guiding informal finance into a track of healthy development." @default.
- W2382180568 created "2016-06-24" @default.
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- W2382180568 date "2007-01-01" @default.
- W2382180568 modified "2023-09-23" @default.
- W2382180568 title "Microcredit:The Feasibility of its Legalizing Informal Finance and its Mode of Operation" @default.
- W2382180568 hasPublicationYear "2007" @default.
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