MICRO CREDITING AS AN INSTITUTE FOR NOVICE ENTREPRENEURS’ SUPPORT          

Gudov Mikhail Mikhaylovich, Candidate of economic sciences, professor, sub-department of finance and credit,
Mordovia State University named after N. P. Ogaryov (Saransk), scl-secretaru@adm.mrsu.ru
Teryakova Galina Nikolaevna, Lecturer, sub-department of credit and insurance disciplines, Buzuluk Financial Economic College – affiliated branch of Financial University of the Government of the Russian Federation, postgraduate student, Mordovia State University named after N. P. Ogaryov (Saransk), teryakova2009@mail.ru 

65.261.91 

It is necessary to support novice entrepreneurs and self-employment of citizens at the regional level by microcrediting. The authors believe that the organization of two-level system of microcrediting is the most reasonable. Credit cooperation can play an important role in rapid augmentation of microcredit volumes for small-scale business. 

financial resources, microcrediting, business, microcrediting institutes, credit cooperation, two-level system of microcrediting.