Research Article
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Year 2015, Volume: 1 Issue: 1, 143 - 155, 02.03.2015
https://doi.org/10.24289/ijsser.106430

Abstract

References

  • (CGAP), C. G. (1998). "Cost Allocation for Multi-Service Microfinance Institutions". Washington DC.
  • Churchill, C. A. (2006). "Making microfinance work: managing for improved performance". Geneva: International Labor organization.
  • Cook, P. &. Finance and Small and Medium-Sized Enterprise Development. Journal of Developmental EnterpreneursInp, , 6 (I) April.
  • -
  • Daniels, L. a. (1993). "Results of a Nation-wide Survey on Micro, Small and Medium Enterprises in Malawi".
  • Green, C. J. (2002). "How do Small Firms in Developing Countries Raise Capital? Evidence from Large-Scale Survey of Kenyan Micro and Small Scale Enterprises".
  • Khandker, S. R. (1995). "Grameen Bank: performance and sustainability", Washington DC, Word Bank publications.
  • Ledgerwood, J. (1999). "Microfinance Handbook: An Institutional And Financial Perspective".
  • MIX. Microfinance Bulletin, (2005a). Issue No. 16 Spring. Washington DC: Microfinance Infromation Exchange, Inc. (MIX).
  • Rosenberg, R. (1996). "Microcredit Interest rates". Washington DC: CGAP, Occasional Paper No. 1, August 1996.
  • Schreiner, M. (1999). "Aspects of Outreach: A framework for the discussion of the social benefits of microfinance". Paper for Discussion, St. Louis.
  • The Albanian Microfinance Association (A.M.A) 2014.
  • UNCDF. (2002). Microfinance Distance Learning Course. . In UNCDF, Microfinance Distance Learning Course. New York: United Nation Publications.
  • Zeller, R. M. (2002). The triangle of microfinance: financial sustainability, outreach, and impact.

Financial sustainability of MFI’s - key factor for the growth and development of SME’s in Albania

Year 2015, Volume: 1 Issue: 1, 143 - 155, 02.03.2015
https://doi.org/10.24289/ijsser.106430

Abstract

The Albanian economy, as an economy of a developing country actually characterized by a positive trend upward. Macroeconomic indicators are demonstrating relatively stability, the financial system is healthy and progressing economic activity. SMEs contribute strongly to economic progress of the country. The importance of SMEs mainly valued as they contribute to the growth of employment in the country, producing for the domestic market mainly using national resources. Agribusiness is an integral part of the national economy and requires continued financial support. For several factors they are not supported financially from dhe commercial bank in Albania. Microfinance institutions has been a powerful tool for the development of SMEs, especially in rural areas, creating new jobs while contributing to economic development of the country. This research will study the impact and collaboration of MFIs in Albania, in promoting the creation, growth and development of SMEs, which is closely linked to an important aspect of the activities of MFIs, even with financial stability and increased performance. The financial sustainability of MFIs is a crucial factor in related to the ability to provide services in full compliance with the objectives, scope and mission. Achieving sustainability is a guarantee for MFIs to be safe in their activities in order to consolidate their future. The essence of this paper is to contribute to the theoretical and practical analysis about financial sustainability of MFIs in Albania with regard to strengthening relations MFIs and SMEs.

Keywords: Sme; Mfi; Financial Stability; Funding Sources

References

  • (CGAP), C. G. (1998). "Cost Allocation for Multi-Service Microfinance Institutions". Washington DC.
  • Churchill, C. A. (2006). "Making microfinance work: managing for improved performance". Geneva: International Labor organization.
  • Cook, P. &. Finance and Small and Medium-Sized Enterprise Development. Journal of Developmental EnterpreneursInp, , 6 (I) April.
  • -
  • Daniels, L. a. (1993). "Results of a Nation-wide Survey on Micro, Small and Medium Enterprises in Malawi".
  • Green, C. J. (2002). "How do Small Firms in Developing Countries Raise Capital? Evidence from Large-Scale Survey of Kenyan Micro and Small Scale Enterprises".
  • Khandker, S. R. (1995). "Grameen Bank: performance and sustainability", Washington DC, Word Bank publications.
  • Ledgerwood, J. (1999). "Microfinance Handbook: An Institutional And Financial Perspective".
  • MIX. Microfinance Bulletin, (2005a). Issue No. 16 Spring. Washington DC: Microfinance Infromation Exchange, Inc. (MIX).
  • Rosenberg, R. (1996). "Microcredit Interest rates". Washington DC: CGAP, Occasional Paper No. 1, August 1996.
  • Schreiner, M. (1999). "Aspects of Outreach: A framework for the discussion of the social benefits of microfinance". Paper for Discussion, St. Louis.
  • The Albanian Microfinance Association (A.M.A) 2014.
  • UNCDF. (2002). Microfinance Distance Learning Course. . In UNCDF, Microfinance Distance Learning Course. New York: United Nation Publications.
  • Zeller, R. M. (2002). The triangle of microfinance: financial sustainability, outreach, and impact.
There are 14 citations in total.

Details

Primary Language English
Journal Section Makaleler
Authors

Stefan Qirici

Alma Delija

Publication Date March 2, 2015
Published in Issue Year 2015 Volume: 1 Issue: 1

Cite

APA Qirici, S., & Delija, A. (2015). Financial sustainability of MFI’s - key factor for the growth and development of SME’s in Albania. International Journal of Social Sciences and Education Research, 1(1), 143-155. https://doi.org/10.24289/ijsser.106430
AMA Qirici S, Delija A. Financial sustainability of MFI’s - key factor for the growth and development of SME’s in Albania. International Journal of Social Sciences and Education Research. March 2015;1(1):143-155. doi:10.24289/ijsser.106430
Chicago Qirici, Stefan, and Alma Delija. “Financial Sustainability of MFI’s - Key Factor for the Growth and Development of SME’s in Albania”. International Journal of Social Sciences and Education Research 1, no. 1 (March 2015): 143-55. https://doi.org/10.24289/ijsser.106430.
EndNote Qirici S, Delija A (March 1, 2015) Financial sustainability of MFI’s - key factor for the growth and development of SME’s in Albania. International Journal of Social Sciences and Education Research 1 1 143–155.
IEEE S. Qirici and A. Delija, “Financial sustainability of MFI’s - key factor for the growth and development of SME’s in Albania”, International Journal of Social Sciences and Education Research, vol. 1, no. 1, pp. 143–155, 2015, doi: 10.24289/ijsser.106430.
ISNAD Qirici, Stefan - Delija, Alma. “Financial Sustainability of MFI’s - Key Factor for the Growth and Development of SME’s in Albania”. International Journal of Social Sciences and Education Research 1/1 (March 2015), 143-155. https://doi.org/10.24289/ijsser.106430.
JAMA Qirici S, Delija A. Financial sustainability of MFI’s - key factor for the growth and development of SME’s in Albania. International Journal of Social Sciences and Education Research. 2015;1:143–155.
MLA Qirici, Stefan and Alma Delija. “Financial Sustainability of MFI’s - Key Factor for the Growth and Development of SME’s in Albania”. International Journal of Social Sciences and Education Research, vol. 1, no. 1, 2015, pp. 143-55, doi:10.24289/ijsser.106430.
Vancouver Qirici S, Delija A. Financial sustainability of MFI’s - key factor for the growth and development of SME’s in Albania. International Journal of Social Sciences and Education Research. 2015;1(1):143-55.