<abstract xmlns="http://www.w3.org/1999/xhtml"><p>In a market economy, the credit assures a transfer of repayable value for a limited period of time in exchange for a price that is referred to as interest on credit. The role of the credit is to generate liquidity flows for its beneficiary in such a way as to enable him, on the one hand, to honour his obligations to the bank, namely the payment of the monthly rate of credit, interest, bank commissions as well as the insurance of the contracted loan and on the other hand to obtain a profit. In order to benefit from loans, micro-enterprises are analyzed by banks through methods, policies, tools and techniques of each bank. The credit decision will be taken by the bank only after it has ensured that potential borrowers are in line with the rules and lending regulations of the lending bank.</p></abstract>

In a market economy, the credit assures a transfer of repayable value for a limited period of time in exchange for a price that is referred to as interest on credit. The role of the credit is to generate liquidity flows for its beneficiary in such a way as to enable him, on the one hand, to honour his obligations to the bank, namely the payment of the monthly rate of credit, interest, bank commissions as well as the insurance of the contracted loan and on the other hand to obtain a profit. In order to benefit from loans, micro-enterprises are analyzed by banks through methods, policies, tools and techniques of each bank. The credit decision will be taken by the bank only after it has ensured that potential borrowers are in line with the rules and lending regulations of the lending bank.

Micro Enterprises Crediting. Practical Aspects

“Dimitrie Cantemir” Christian University

International conference KNOWLEDGE-BASED ORGANIZATION

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 License.

{"article-title":"Micro Enterprises Crediting. Practical Aspects"}

In a market economy, the credit assures a transfer of repayable value for a limited period of time in exchange for a price that is referred to as interest on...

Micro Enterprises Crediting. Practical Aspects

Published Online: Jul 23, 2019

Page range: 104 - 108

DOI: https://doi.org/10.2478/kbo-2019-0064

Keywords
credit, interest, bank fees, micro-enterprise, repayment schedule, refinancing, rescheduling

© 2019 Mariana Rodica Ṭḯrlea, published by Sciendo

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 License.

Micro Enterprises Crediting. Practical Aspects

Published Online: Jul 23, 2019

Page range: 104 - 108

DOI: https://doi.org/10.2478/kbo-2019-0064

Keywordscredit, interest, bank fees, micro-enterprise, repayment schedule, refinancing, rescheduling

© 2019 Mariana Rodica Ṭḯrlea, published by Sciendo

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 License.

Keywords
credit, interest, bank fees, micro-enterprise, repayment schedule, refinancing, rescheduling