Countryside Microfinance Opportunity for Sustainable Rural Development

Abstract:

In Romania, the microfinance market is a concept at a starting point. In the general context of sustainable development, to achieve this objective, of the needs of rural microfinance, implementation of economic models that gives an impulse to align this area to the market economy principles and requirements is essential. The models must be adapted to the concrete and real needs of those who are living and working in rural areas. Being at the start of this research theme that I want to draw, I realize that such a challenge is both difficult and subject to the risk that some of the advanced ideas may not be in the accordance with the current financing policy of decision makers. Beyond these considerations, is necessary to disclose that to the level of community states, this dynamic market is still quite heterogeneous because of the institutional and legislative disparity and also because of very diversified microcredit providers.