Importance of microcredit in fight against poverty in turkey

In the fight against poverty, social aids, which increase the overall income, are only a temporary solution. The long-term and healthy solution for eliminating poverty is to increase the number of entrepreneurs in cities or regions where poverty is pervasive. The best indicator of this situation is the fact that the number of entrepreneurships per capita in cities explains the 59% rate of people with a green card (health card for uninsured people in Turkey), which signifies the poverty on a city basis. One of the ways to increase the number of entrepreneurships is micro credits, which will be given to entrepreneurial-spirited poor people, and particularly poor women. While creating new job opportunities for poor people, microcredit will contribute to regional development by increasing the local demand and the added value of the region.

Fight against Poverty ,

Entrepreneurship ,

Regional Development ,

Microcredit ,