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  1. 1 Ossowski J.

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'MICRO-CREDIT' INSTITUTIONS IN THE OLD POLAND (Instytucje 'mikrokredytowe' w dawnej Polsce)

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Ossowski J.
Pieniądze i Więź
|
2009
|
vol. 12
|
issue 3(44)
EN
Micro-credit institutions were not invented in XX or XXI century. The idea of microfinance, particularly with regard to micro-credit and mikro-savings, is very old. It expressed itself - across Europe, including Poland - initially in the typically religious and benevolent organizational forms, but it gradually achieved character of modern self-help financial institutions. The article shows some of the organizations operating in Poland (from XV century to the first half of XX century), which provided micro-credit services for poor people and small businesses: funds for indigent within guilds, pious banks, monetary rural funds, cooperative institutions and savings associations. The author indicated the similarities between those kinds of financial and credit organizations with modern types of microfinance institutions.
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