IMPROVING THE SYSTEM FOR REFINANCING UNSECURED MICROLOANS AT BANKS

Abstract

This article analyzes the economic significance and practical effectiveness of the unsecured microloan refinancing system in providing financial support to entrepreneurs. The study substantiates that high collateral requirements are among the main factors limiting small businesses access to financial resources. It highlights the role of unsecured microcredit refinancing mechanisms in ensuring bank liquidity, distributing credit risks, reducing interest rates, and expanding lending volumes.