| Abstract |
In Romania, the microfinance market is a concept at a starting point. In the general context of sustainable development, to achieve this objective, of the needs of rural microfinance, implementation of economic models that gives an impulse to align this area to the market economy principles and requirements is essential. The models must be adapted to the concrete and real needs of those who are living and working in rural areas. Being at the start of this research theme that I want to draw, I realize that such a challenge is both difficult and subject to the risk that some of the advanced ideas may not be in the accordance with the current financing policy of decision makers. Beyond these considerations, is necessary to disclose that to the level of community states, this dynamic market is still quite heterogeneous because of the institutional and legislative disparity and also because of very diversified microcredit providers. In the EU, "microcredit is provided by financial institutions regulated by the Central Banks and those unregulated by the Central Bank, but covered by Community Directives, such as commercial banks, savings banks, cooperative banks and public banks. To these are added a number of non-banking institutions namely microfinance institutions, enterprises specialized in microfinance, foundations, credit unions, charities, NGOs and others". It should be underlitied that the 2014-2020 Romanian rural development strategy, in the context of the 2020 Europe, strategy is "a strategy of economic growth with objectives for a smart economy, sustainable and favorable to social inclusion" and the improvement of agricultural and non -agricultural SME's competitiveness from the countryside. The scientific approach that I try to define starts from the fact that the Romanian rural area, a total of 2.7 million peasant households, which together account for more than 5 million hectares or 34 percent of the agricultural area of the country is outside the current system of agricultural financing. They are added 2 million people in rural areas without any plot of land, without a job, who live in extreme poverty. Transferring these european ideas in the Romanian context and correlating it with the statistic economic situation in Romania, I believe that through the creation of economic models of microfinance and in accordance with current regulatory framework, we can contribute to the sustainable development of this considerable potential that we identified in rural Romania. |