ФАКТОРЫ, ОПРЕДЕЛЯЮЩИЕ РОСТ МИКРОКРЕДИТНОГО СЕКТОРА В КЫРГЫЗСТАНЕ

Authors : Turusbek ASANOV, Kadyrbek SULTAKEEV

Pages : 75-79

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Publication Date : 2016-05-01

Article Type : Research Paper

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.
Keywords : microcredit, microfinance, interest rate, factor analysis, excessive demand, Kyrgyzstan