Abstract
Microfinance in the Eastern European and Central Asian region1 emerged after the transition from a centrally planned to a market economy, allowing for the development of private entrepreneurship. At the same time vast unemployment forced many citizens to seek economic opportunities and start their own micro-businesses. Some MFIs in the region — probably the great majority — focused on supporting the emerging micro-business sector. Other MFIs saw themselves as complementary actors in reconstruction efforts and post-conflict situations.
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© 2007 International Labour Organization
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Pytkowska, J. (2007). Contextual Factors Determining Poverty Outreach and Financial Performance: The Case of Eastern Europe and Central Asia. In: Balkenhol, B. (eds) Microfinance and Public Policy. International Labour Organization (ILO) Century Series. Palgrave Macmillan, London. https://doi.org/10.1057/9780230300026_12
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DOI: https://doi.org/10.1057/9780230300026_12
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-36133-5
Online ISBN: 978-0-230-30002-6
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