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@article{1322016, author = {Svoboda, František}, article_number = {2}, keywords = {charitable loans; interest; microcredit}, language = {eng}, issn = {1841-0464}, journal = {European Journal of Science and Theology}, title = {Microcredits and their precursors in the age of modernity}, volume = {12}, year = {2016} }
TY - JOUR ID - 1322016 AU - Svoboda, František PY - 2016 TI - Microcredits and their precursors in the age of modernity JF - European Journal of Science and Theology VL - 12 IS - 2 SP - 99-110 EP - 99-110 SN - 18410464 KW - charitable loans KW - interest KW - microcredit N2 - Clerical and secular charitable loans have existed within the western cultures for millennia, and they gradually became a major starting point for the evolution of the savings bank in Europe and the developing world. The author discusses the increasing differentiation of charitable money funds in the modern period, and he also analyses their dynamical rise reflected in both the growing demand on the part of the clients and the prominent bids on the part of various governmental and non-governmental organisations. Microcredits, or the provision of petty loans to encourage entrepreneurial activities, constitute a viable, well-recognised and widely practised form of charity worldwide. Even though this province on the boundary between finance and philanthropy is not entirely devoid of controversy, it can be considered beneficial and indispensable, as documented by is long and diversified history. ER -
SVOBODA, František. Microcredits and their precursors in the age of modernity. \textit{European Journal of Science and Theology}. 2016, roč.~12, č.~2, s.~99-110. ISSN~1841-0464.
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