Algorithmic Representation of the Microfinance Process

A representation of the microfinance process in the classical algorithmic sequence is proposed. The basic stages that affect the process itself and the goals of microfinance are highlighted. The case when it becomes necessary to solve the problems of enumeration of possibilities is highlighted. The relations of dynamics on the basis of which the legislative standards of microfinance organization activities are predicted are given. © 2020 IEEE.

Authors
Chursin A.A. 1 , Bayramov O.2
Publisher
Institute of Electrical and Electronics Engineers Inc.
Language
English
Status
Published
Number
9247769
Year
2020
Organizations
  • 1 Rudn University, Head of the Department of Applied Economics, Moscow, Russian Federation
  • 2 Dorodnicyn Computing Centre of the Russian Academy of Sciences (CC Frcic RAS), Moscow, Russian Federation
Keywords
algorithm; microfinance; rates of interest
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