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EN
An indigenous economy presented in this article is a hybrid formation composed of the elements from different socio-economic contexts. It includes both an individualistic and a communal approach. This is how the local reality adapts to the regional and global economics. In this local context various credit forms are extremely popular. Traditionally, in local communities, credits have not only an economic aspect but they also have an important social meaning. Microloans, as a new credit form, are introduced in the framework of development projects. The article examines how they function among other credit forms and how this particular kind of credit affects the social reality.
EN
Nuevo San Juan Parangaricutiro is an Indian community situated in the Purhépecha Indians region in the State of Michoacán in Mexico. In the 1980s a forest company was established there. Its structure was based on a traditional community organization on one hand and on the model of modern enterprise on the other. The company is now supported by the Mexican Government and by international organizations It is economically successful and has improved living standards of community members. It is recognized as a international model of community enterprise. However the social reality does not fit the ideal model. Conflicts, corruption, lack of democracy are the negative part of the phenomenon, which is not publicly discussed. The profits from the company are available only to a small group of people, which does not permit equal development.
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