Small and Medium Enterprise Finance

Global Partnership for Financial Inclusion; International Finance Corporation

Small and Medium Enterprise Finance | New Findings, Trends and G-20/Global Partnership for Financial Inclusion Progress

2015

Global Partnership for Financial Inclusion | International Finance Corporation

This update considers new findings since the initial Stocktaking report, substantiating the contribution of the private sector, and of small and medium enterprises (SMEs) in particular, for new jobs and investment. These findings further illustrate the key role access to finance plays in SMEs abilities and willingness to add jobs including the special circumstances of fast-growing SMEs, or gazelles. The new findings further detail availability and gaps in SME financing, including for specific subsectors such as women-owned firms and agri-enterprises. New trends include progress made in recent years to improve financial markets infrastructure, and expanded lending in countries such as China, which have made progress in this area. The findings also include key private sector innovations pioneered by the SME Finance Challenge winners and other private sector institutions, focusing on key sector opportunities (such as agribusiness and energy), product innovation (such as expanded local currency options), and risk management alternatives. The new findings and trends highlight the potential of collaborative platforms that have emerged from the G-20/GPFI (Global Partnership for Financial Inclusion) process to combine resources to improve SME access to finance, and some of the major outstanding issues and obstacles these platforms might address. The conclusion provides recommendations for priority issues and work areas for G-20/GPFI attention.

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AGROVOC Keywords

advisory services banks capacity building capital market cash flow commercial banks corruption debt discrimination economic growth equipment exchange rate farmers financial institutions fixed assets gender households information services interest rates liability liquidity market segmentation maturity microcredit microenterprises microfinance mortgages outreach profitability property rights public-private partnerships risk management risk mitigation savings small farmers smallholder farmers start-up supply chains transaction costs union warehouses working capital

Bibliographic information

Publisher

International Finance Corporation, Washington, DC

Other Subjects

Financial infrastructure; Asymmetric information; Small business lending; Interest rate ceilings; Credit markets; Financial flows; Public-private partnership; Banking services; Capital injections; Credit guarantee; Credit information; Deposit accounts; Discrimination against women; Credit risk; Financial markets; Financial support; Bankers association; Credit ceiling; Financing needs; Creditor; Woman; Credit products; International finance; Movable collateral; Transaction; Debt finance; Small banks; Guarantees for loans; Merchant; Guarantee schemes; Financial access; Central bank; Technical assistance; Emerging market; Trade credit; Development finance institutions; Financial sector development; Smallholder; Economic cooperation; Private credit; Business development; Lenders; Financial education; Borrowing; External finance; Growth opportunities; Access to education; Educated women; Promotion effort; Payments services; Capital markets; Information sharing; Solvency; Women entrepreneurs; Alternative credit; Business transactions; Gender gap; Bank accounts; Overdraft facilities; Term credit; Government policies; Financial crises; Alternative sources of financing; Credit guarantees; Small farmer; Emerging market countries; Overdraft; Access to finance; Labor market; Anti-money laundering; Commercial bank; International development; International financial institutions; Job creation; Angel investor; Electronic payments; Earnings; Financial institution; Special financing; Credit information systems; Securities; Documentation requirements; Equity fund; Entrepreneurship financing; Balance sheet; Deposit account; Networking opportunities; Electronic form; Social venture capital; Guarantor; Repayments; Financial products; Small business finance; Borrower; Government interventions; Treasury; Barriers to growth; Federal reserve; Small business; Development finance; Access to accounts; Financial crisis; Agricultural finance; Women borrowers; Access to financial services; Bank lending; New business; Regulatory barriers; Barriers to women; Access to credit; Gender gaps; Creditworthiness; Access to formal finance; Emerging economies; Credit bureaus; Risky borrowers; Immovable assets; Equity financing; Capital finance; Interest rate; Central banks; Net worth; Alternative financing; Bank account; Tax; Local currency; Women business owners; Emerging markets; Finance initiative; Cash flows; Loan; Barriers in access; Credit gap; Financial development; Loan applicants; Key challenge; Business development bank; Lines of credit; Entrepreneurial finance; Accounts receivable; Government bonds; Development bank; Tax rates; Portfolio; Small business investment; Women owners; Checking account; Banking system; Private equity; Collateral; Supply chain; Angel investors; Movable assets; Outstanding loans; Debt financing; Investment bank; Trade finance; Formal financial services; Guarantee funds; Economic policy; Woman entrepreneur; Agricultural bank; Global economy; Capital requirements; Customer service; Deposit; Inventory; Formal financial institutions; Equity funds; Microfinance institutions; External financing; Partial credit; Credit underwriting

Language

English

Type

Working Paper; Publications & Research; Publications & Research :: Working Paper

In AGRIS since: 2016-03-15

Format: AGRIS AP

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