A new International Finance Corporation (IFC World Bank Group) report looks at more than 150 models worldwide for financing small and medium enterprises and makes policy recommendations to increase access to financial services for these economically important businesses.
Micro, small, and medium enterprises in emerging markets have a credit gap of over $2 trillion and about 85 percent of these businesses suffer from credit constraints. The report, Scaling-Up SME Access to Financial Services in the Developing World, presents ways to help these businesses. The report was prepared in support of the G20 finance agenda, and was presented at the summit in Seoul on November 12. Source: IFC World Bank Group