It is the mid-1990s. You are running a vegetable stall in the local marketplace. You must carry your stock on your back because you cannot afford a car. You cannot get a business loan for such
a small amount, and literally no one has credit cards. You are stuck, unless you learn about microfinancing at the KMB, Russia's small business bank. Buyske, who served as the chair of the
board of directors of the KMB for six years, understands the process in broader terms of its importance to entrepreneurial development rather than as a tool for alleviating poverty. By way of
encouraging microfinancing schemes she describes the theories and practices behind microfinance, the application of microfinancing principles to Russia's new entrepreneurs, the impact of
microfinancing on Russia's larger financial sector, and the workings of the KMB Bank and its influence on transition to a market economy and development. Annotation 穢2007 Book News, Inc.,
Portland, OR (booknews.com)
