SRNEC K., AIWA E.
Abstract
Some countries of the world are very indebted. One of the main initiatives leading to amounted debt is the programme of the World Bank Group (WBG) and the
International Monetary Fund (IMF), which is known as Heavily Indebted Poor Countries- HIPC Initiative. The mentioned article does not deal with a proper Initiative,
but by considering the opinion of financial experts, that one of the main factors of acceptable results are institutions dealing actively with microfinance, whereas
in the second part the opinion of other experts is expressed. After analysis, the answer to the above mentioned fundamental issue is expressed in the conclusion, as
well as under what conditions the answer is valuable and how micro-financial activities will probably end.
Key words:
Microfinancing, Poverty, Critical triangle, HIPC, Risk.