MicrofinanceMicrofinance is a critical instrument for financial inclusionFinancial Inclusion and economic development in both developing and developed economies (Cull & Morduch, 2018). Initially conceptualized as a tool for poverty alleviation in the global South, microfinance has significantly evolved also within the European context (Armendáriz & Morduch, 2010; Bourlès & Cozarenco, 2018).

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European Microfinance: Financial Inclusion and Entrepreneurship

  • Alessandra Cavallo,
  • Giuseppe Torluccio

摘要

MicrofinanceMicrofinance is a critical instrument for financial inclusionFinancial Inclusion and economic development in both developing and developed economies (Cull & Morduch, 2018). Initially conceptualized as a tool for poverty alleviation in the global South, microfinance has significantly evolved also within the European context (Armendáriz & Morduch, 2010; Bourlès & Cozarenco, 2018).