Comparison of structuring the interest rates on micro loans in Serbia and Montenegro

Abstract

The aim of this research paper is development of comparative analysis of the microcredit sector in Serbia and Montenegro, as well as to carry out identification and analysis of the components that influence the determination of interest rates on microloans in Serbia and Montenegro. Within the comparative study, there will be an analysis of the correlation between the total amount of granted microcredits in these countries and their gross domestic product, by using the Pearson correlation coefficient.