SHS Web of Conferences (Jan 2021)

Conceptual Provisions of the Adaptability of Microfinance Organizations for Entrepreneurship in the Context of the Limited Economy of Russia

  • Misanova Irina,
  • Gusareva Nadezhda,
  • Tarasov Dmitriy,
  • Andriuschenko Galina,
  • Sorokina Larisa

DOI
https://doi.org/10.1051/shsconf/20219302007
Journal volume & issue
Vol. 93
p. 02007

Abstract

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Changes in the world order, political and economic events of modern times reveal relevant aspects for the development of financial instruments. The interest shown in microfinance organizations is determined by the socio-economic realities of the country: the urgent need to revive entrepreneurship, internal competition, adaptation to the market in a limited economy. In this connection, the considered conceptual provisions are aimed at prompt response to deviations from the normal activities of entrepreneurship. There was a need for changes in international and national investment policy on the way to a real network development methodology: from a coordinated structure of relations to more and more legally binding decisions of all participating countries. Investments are dispersed. In this regard, the development of methodological aspects, the design of a roadmap, taking into account recommendations for the formation of an operating model and a business model within the framework of MFO activities, seems to be very relevant.