In 1997, just as this study was being completed, Albania began spiraling into a dramatic political and economic crisis triggered by the collapse of fraudulent pyramid schemes. Banks and public buildings were burned, the Government was forced to resign, and stocks of anns were looted and seized by the population, then turned against the authorities and businesses. Under these chaotic conditions, no one knew whether the rural and urban microfinance...
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DETAILS
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1999/05/01
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Report
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189145
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1
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2024/04/10
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Disclosed
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Sustainable Banking with the Poor - Case Studies in Microfinance : Albania - Albanian Development Fund (ADF)
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Citation
Ledgerwood,Joanna.
Sustainable Banking with the Poor - Case Studies in Microfinance : Albania - Albanian Development Fund (ADF) (English). Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/099643204102455529