Influence of court practice on the limits of implementation of mikrofinasovy activity set by the current legislation

Purpose: Investigation of the implementation of microfinance institutions in the credit market and the impact on legal practice. Methodology: Used historical and legal and formally legal methods. Results: The article discusses the social function of microfinance, and scope of implementation, established by the current legislation of the Russian Federation. In the analysis made in the scientific literature and jurisprudence of the proposals on the possibility of reducing the size of recovery of interest on microloans for social justice without the introduction of relevant amendments to existing legislation, the conclusion to inadequate this position the principle of freedom of contract and regulations regulation of microfinance activities. In article the analysis of specific judicial decisions of arbitration courts and courts of General jurisdiction. Novelty/originality/value: Article possesses high scientific value, because it analyzes the limits of the exercise of the activity of microfinance organizations through the prism of judicial practice in analysis of specific trials and conclusions as arbitration courts and courts of General jurisdiction.