THE ROLE OF MICROFINANCE IN SUSTAINABLE RURAL DEVELOPMENT
More increasingly we are concerned about a real problem, that of economic and social gap between the welfare of the rural population in developed European countries and in Romania. This has always been a big problem, but never the number of those in poverty was so great like today - about 5.6 millio...
Saved in:
| Main Author: | |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
University of Agricultural Sciences and Veterinary Medicine, Bucharest
2016-01-01
|
| Series: | Scientific Papers Series : Management, Economic Engineering in Agriculture and Rural Development |
| Online Access: | https://managementjournal.usamv.ro/pdf/vol.16_2/Art30.pdf |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
| _version_ | 1850101159640956928 |
|---|---|
| author | Otilia MANTA |
| author_facet | Otilia MANTA |
| author_sort | Otilia MANTA |
| collection | DOAJ |
| description | More increasingly we are concerned about a real problem, that of economic and social gap between the welfare of the rural population in developed European countries and in Romania. This has always been a big problem, but never the number of those in poverty was so great like today - about 5.6 million people. The article is based on this reality and attempts to synthesize the ideas of those who are at the forefront of rural society and who are able to save the Romanian village of this state of decline. Once integrated in the EU, the Romanian authorities should present new principles and rules in order to adjust the Romanian legislation with EU legislation. Social inclusion and financial progress are the results of digitization trend of the financial sector, with a major impact on financial and non-banking institutions. Creating new distribution models (networks of external agents, banks without branch network), the emergence of new opportunities for customer access and management of back-office are just some of the challenges that microfinance sector has passed through on a continue process of innovation and adaptation. |
| format | Article |
| id | doaj-art-1aaad8e9aab54be2a51350cfa6d09d27 |
| institution | DOAJ |
| issn | 2284-7995 2285-3952 |
| language | English |
| publishDate | 2016-01-01 |
| publisher | University of Agricultural Sciences and Veterinary Medicine, Bucharest |
| record_format | Article |
| series | Scientific Papers Series : Management, Economic Engineering in Agriculture and Rural Development |
| spelling | doaj-art-1aaad8e9aab54be2a51350cfa6d09d272025-08-20T02:40:07ZengUniversity of Agricultural Sciences and Veterinary Medicine, BucharestScientific Papers Series : Management, Economic Engineering in Agriculture and Rural Development2284-79952285-39522016-01-011622292363309THE ROLE OF MICROFINANCE IN SUSTAINABLE RURAL DEVELOPMENTOtilia MANTAMore increasingly we are concerned about a real problem, that of economic and social gap between the welfare of the rural population in developed European countries and in Romania. This has always been a big problem, but never the number of those in poverty was so great like today - about 5.6 million people. The article is based on this reality and attempts to synthesize the ideas of those who are at the forefront of rural society and who are able to save the Romanian village of this state of decline. Once integrated in the EU, the Romanian authorities should present new principles and rules in order to adjust the Romanian legislation with EU legislation. Social inclusion and financial progress are the results of digitization trend of the financial sector, with a major impact on financial and non-banking institutions. Creating new distribution models (networks of external agents, banks without branch network), the emergence of new opportunities for customer access and management of back-office are just some of the challenges that microfinance sector has passed through on a continue process of innovation and adaptation.https://managementjournal.usamv.ro/pdf/vol.16_2/Art30.pdf |
| spellingShingle | Otilia MANTA THE ROLE OF MICROFINANCE IN SUSTAINABLE RURAL DEVELOPMENT Scientific Papers Series : Management, Economic Engineering in Agriculture and Rural Development |
| title | THE ROLE OF MICROFINANCE IN SUSTAINABLE RURAL DEVELOPMENT |
| title_full | THE ROLE OF MICROFINANCE IN SUSTAINABLE RURAL DEVELOPMENT |
| title_fullStr | THE ROLE OF MICROFINANCE IN SUSTAINABLE RURAL DEVELOPMENT |
| title_full_unstemmed | THE ROLE OF MICROFINANCE IN SUSTAINABLE RURAL DEVELOPMENT |
| title_short | THE ROLE OF MICROFINANCE IN SUSTAINABLE RURAL DEVELOPMENT |
| title_sort | role of microfinance in sustainable rural development |
| url | https://managementjournal.usamv.ro/pdf/vol.16_2/Art30.pdf |
| work_keys_str_mv | AT otiliamanta theroleofmicrofinanceinsustainableruraldevelopment AT otiliamanta roleofmicrofinanceinsustainableruraldevelopment |