Microcredit and poverty: its relationship with local endogenous development
##plugins.themes.bootstrap3.article.sidebar##
##plugins.themes.bootstrap3.article.main##
https://orcid.org/0000-0003-1830-8145
Abstract
The economic system of a country is closely related to poverty, in this sense, the object of this dissertation is the analysis of the research focused on the theoretical foundation of microcredit programs as a strategy to improve the poverty conditions of the low-income sector of the population, considering that such programs include in their goals to benefit both individuals and companies related to production processes without access to bank financing. Microcredits in the endogenous development of a given population are related to the issue of microfinance and its importance in the local development of a territory. The development of the research is supported by documentary review and descriptive research is used as methodology; As a result of the investigative process, the importance of microcredit among economically vulnerable people and its role as a facilitator of initial working capital aimed at satisfying the needs of micro-business financing, as a means of support to help people to get out of poverty.
Downloads
##plugins.themes.bootstrap3.article.details##
This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.
You are free to:
- Share — copy and redistribute the material in any medium or format
- The licensor cannot revoke these freedoms as long as you follow the license terms.
Under the following terms:
- Attribution — You must give appropriate credit , provide a link to the license, and indicate if changes were made . You may do so in any reasonable manner, but not in any way that suggests the licensor endorses you or your use.
- NonCommercial — You may not use the material for commercial purposes .
- NoDerivatives — If you remix, transform, or build upon the material, you may not distribute the modified material.
- No additional restrictions — You may not apply legal terms or technological measures that legally restrict others from doing anything the license permits.