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Microcredit as an instrument for escape from circle of poverty
Gúth, Ondřej ; Šaroch, Stanislav (advisor) ; Zapletal, Petr (referee)
The main goal of this paper is to analyse the capability of microcredit to meet the expectations of poverty reduction in the world. Firstly, these expectations are demonstrated and rationalised on the case of Grameen Bank. This paper then continues by enquiring after desinterested proof of positive effects of microcredit on poverty reduction by analysing several case studies conducted in different parts of the world. Last part of the paper analyses recent crises of microfinance, downsides of microcredit and the risks for their receivers.

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