Articles

Description of the Micro-Loan Program, payment and conclusions

Published:
May 27, 2001
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Oláh, J., & Molnár, T. (2001). Description of the Micro-Loan Program, payment and conclusions. Acta Agraria Debreceniensis, 1, 81-86. https://doi.org/10.34101/actaagrar/1/3590
Abstract

The system of microcapital goes back 8 years in Hungary. Its strategy and practice developed at a time when really small enterprises emerged with little practise and even less capital. Specialists organising and executing programs started with microcapital with little experience. This programme provided the young and experienced an opportunity to gain experience they lacked, and seems to have been extremely successful.