International Conference on Eurasian Economies
9-11 September 2015 – Kazan, RUSSIA
Paper detail
Paper ID : 1282
Status : Paper published
Language : Russian
Topic : Finance and Financial Crises
Presenter: Assoc. Prof. Dr. Turusbek Asanov
Session : 4E Региональные экономики
Determinants of Growth of Microcredit Sector in Kyrgyzstan
Факторы, Определяющие Роста Микрокредитного Сектора в Кыргызстане
- Assoc. Prof. Dr. Turusbek Asanov (Kyrgyz-Turkish Manas University, Kyrgyzstan)
- Dr. Kadyrbek Sultakeev (Kyrgyz-Turkish Manas University, Kyrgyzstan)
Abstract
Microcredit has developed extremely rapidly since its beginning in the late 1970, however which main factors determine the growth of the microcredit is a subject for debate. The primary purpose of this study was to determine the key factors that determine the growth of the microcredit sector. The target population was the 307 borrowers of microfinance institutions selected from Isyk-Kul region, Chuy region and Bishkek city. Data collection methods such as questionnaires, observation and interviews were used. Sampling technique was used and results analyzed qualitatively and quantitatively in terms of descriptive statistics. The main factor for developing microcredit was the excessive demand for microcredit product in Kyrgyzstan due to the structure of the economy and employment.
JEL codes: G21, G23, O16
Asanov, Turusbek, Sultakeev, Kadyrbek (2015). "Determinants of Growth of Microcredit Sector in Kyrgyzstan" in Proceedings of International Conference of Eurasian Economies 2015, pp.801-804, Kazan, RUSSIA.
DOI: https://doi.org/10.36880/C06.01282
Session 4E: Региональные экономики
