THE POSSIBILITY OF USING INTERNATIONAL EXPERIENCE IN MICRO-CREDIT FOR SMALL AND MEDIUM-SIZED INDUSTRIAL ENTERPRISES

Purpose of the study. Increasing the availability of funding for small and medium-sized enterprises of the industrial sector put among the most important tasks of economic development as the leading developed countries, and developing countries. In connection with the above, the purpose of this article is to study the micro-credit as an efficient mechanism to stimulate the development of small and medium-sized industrial enterprises and analyzing the possibility of using foreign experience in improving the process of micro-credit to stimulate their development.

Research Methodology. The study was conducted on the material of publications on various aspects of the microcredit industry small and medium businesses, including international experience in micro-credit for small and medium-sized industrial enterprises.

The article analyzes the functioning of the various models and micro-technologies, disclosed interoperability of commercial banks and microfinance institutions (MFIs) in the framework of country-specific microcredit models, and formulated the immediate tasks and activities of the government and regulatory authorities of the Russian Federation aimed at improving the financing of small and medium-sized industrial enterprises.

Sounding the findings suggest that the funds to support small and medium-sized industrial enterprises should be more actively attract private investment in the implementation of industrial and innovative development of their projects. In this case, the intensification of financial-credit and investment support to small and medium-sized industrial enterprises, integration and optimization of the different sources of financial resources create favorable conditions for their access to financial and credit resources, and improvement of financial and credit support mechanisms will enhance their responsibility for use granted resources and contribute to their development. At the same time, the main focus of the use of public resources should not be the selection of direct investments, and insurance and the provision of state guarantees for loan repayment.

The article is addressed to specialists in the field of financial and credit relations, persons engaged in entrepreneurial activities, as well as everyone who is interested in this subject.

1. Klyukin I.N. Osobennosti privlechenija investicij v malye predprijatija [Features of attraction of investm ents into small enterprises]. Economy and management control systems, 2015, no. 1.2 (15), pp. 213–224. (In Russ.)

2. Kilgour D. Ot neformal'noj jekonomiki k malomu predprinimatel'stvu: rol' mikrokredita [From informal economy to small business: the role of microcredit] [electronic resource] access mode: http://corruption.rsuh.ru/magazine/2/n2-10.shtmlfree. (In Russ.)

3. Obzor dejatel'nosti AMB [Review of the SBA] activity. U.S. Small Business Administration [electronic resource] access mode: http: //www. infousa.ru/economy/sba.pdf free. (In Russ.)

4. Vlasov I.P. Kreditovanie malogo i srednego biznesa: perspektivy razvitija [Lending to small and medium-sized enterprises: prospects]. The Finance and the credit, 2012, no. 3 (339), pp. 32–37. (In Russ.)

5. Zabolotskaya V.V. Mikrokreditovanie kak instrument finansovogo obespechenija malogo biznesa [Micro-credit as an instrument of financial support of small business]. Vector Science TSU, 2011, no. 1 (15), pp 217–221. (In Russ.)

6. Kizim A.A. Filichkina T.B. Marketing i logistika v kontekste razvitija predprijatij malogo biznesa [Marketing and Logistics in the context of the development of small businesses]. Science and Education; agriculture and the economy; entrepreneurship; law and governance, 2014, no. 1 (44), pp. 21–26. (In Russ.)

7. Utamuradov A.N. Finansovaja podderzhka malogo biznesa [Financial support for small business]. Finances and Credit, 2011, no. 13 (349), pp. 41–46. (In Russ.)

8. MIX and CGAP. Latin America and the Caribbean 2009 Microfinance Analysis and Benchmarking Report. Washington, DC: MIX [electronic resource] access mode: http: //www.themix.org/sites/default/files/2009%20LAC free. (In Eng.)

9. Regulatory Framework for Microfinance Operations in Bolivia. Of La Paz: ASOFIN [electronic resource] access mode: http: //www.microfinancegateway.org/gm/document free. (In Eng.)

10. Lauer K. Transforming NGO Mfis: Critical Ownership Issues to Consider. Occasional Paper

11. Washington, DC: CGAP [electronic resource] access mode: http: //www.cgap.org/gm/document-1.9.4213/OP13.pdf free. (In Eng.)

12. Dudin M.N., Prokof'ev M.N., Fedorova I. Ju., Frygin A.V. , Kucuri G.N. (2015) International Practice of Generation of the National Budget Income on the Basis of the Generally Accepted Financial Reporting Standards (IFRS). Asian Social Science, vol. 11, no. 8, pp. 119–126. (In Eng.)