Serving the Very Small Enterprise Segment by Microfinance Institutions in the Arab World
Increasing access to finance for Very Small, Small and Medium Enterprises (VSEs/SMEs) has become an important goal for many governments and development agencies as VSEs/SMEs are viewed as main drivers of economic growth and creators of employment....
| Main Authors: | , |
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| Format: | Working Paper |
| Language: | English en_US |
| Published: |
International Finance Corporation, Washington, DC
2016
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/520371477557345061/Serving-the-Very-Small-Enterprise-VSE-segment-by-microfinance-institutions-in-the-Arab-World http://hdl.handle.net/10986/25386 |
| Summary: | Increasing access to finance for Very
Small, Small and Medium Enterprises (VSEs/SMEs) has become
an important goal for many governments and development
agencies as VSEs/SMEs are viewed as main drivers of economic
growth and creators of employment. However, a missing middle
between the ceiling of MFI lending and the segment defined
by banks as SMEs is currently underserved and in some
markets even unserved, despite the fact that it presents a
significant growth opportunity for MFIs looking to upscale
and/or to grow with their best clients. The report presents
the findings of Sanabel’s and IFC’s VSE Survey which aimed
to identify what has been done to date to serve the VSE
segment, and how successful MFIs as well as other players in
the region have been in catering to this segment and
upscaling lending activities. This report represents the
second report in a series of leadership papers, Voices,
developed by Sanabel, the Microfinance Network of Arab
Countries, and the International Finance Corporation (IFC). |
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