HISTORICAL DEVELOPMENT, CHARACTERISTICS AND OBJECTIVES OF THE MICRO-CREDIT SYSTEM

07.03.2024 "Modern Science and Research" xalqaro ilmiy jurnali 1 seriyasi. Volume 3 Issue 3

Abstract. In this article, I tried to explain in detail the concept of microcredit, the history of microcredit, the reasons, benefits and harms of microcredit, as well as the benefits it brings to the country's economy, the benefits it shows in reducing poverty and developing entrepreneurship.

Keywords: History of microcredit, credit, financial system, microcredit and entrepreneurship, non-governmental organizations, state banks.


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