Articles

Policy Considerations to Help SMEs Access Financing and Join Global Value Chains

Leora Klapper, Lead Economist, Development Research Group, World Bank and Natascha Beinker, Co-Chair G20 Global Partnership for Financial Inclusion (GPFI) and Co-Chair GPFI SME Finance Subgroup, German Federal Ministry for Economic Cooperation and Development (BMZ) co-author an article on how SMEs need financial h

Articles

Articles

Balazs Topor on Innovation in Digital Banking
Balazs Topor is SME Product & Segment leader at Raiffeisen Bank. He has more than 15 years’ experience in SME banking and in-depth expertise in customer value creation, segment differentiation and product design. Continuing with the SME Finance Forum Interview series , member Strands wanted to address another underserved segment - SMEs - and...
Matias Núñez on SME Banking Innovation
Matias Núñez Castro is Executive Director for SMEs at Santander Mexico, having previously worked as regional director for SME Business. In 2016, Euromoney named Santander best bank in the world for small and medium-sized enterprises. According to the magazine, its strategy goes beyond lending, to address critical obstacles for SME growth. Matias...
Empowering SMEs with tailored finance – Interview Spotcap Co-founder and CEO Jens Woloszczak
EU-Startups' Kutlu Kazanci interviewed Jens Woloszczak, Co-founder and CEO Spotcap. Today, Spotcap operates in five countries and has recently been ranked number 32 in the Fintech 100 report featuring leading companies in the fintech industry worldwide, published by H2 Ventures and KPMG. Here is a summary of the interview with Jens Woloszczak: How...
Five Reasons Why Small Businesses Should Care About Bitcoin and Blockchain
Danny Matthews, Enterprise Nation member, digital business expert and a trainer in Enterprise Nation's Go and Grow Online campaign, shares a small business guide to Bitcoin and Blockchain. Matthews reasons are: It is how you will get paid It is decentralised Untouchable security This is just the beginning Cutting through the noise Cutting through...
How Fintech Startups are Assisting MSMEs, the Biggest Contributors to the Indian Economy
Abhay Bhutada writes that MSMEs are one of the chief contributors to the Indian economy, other than startups and established enterprises. He says that while contributing eight percent to the nation’s total GDP, MSMEs also provide for 40 percent of the total export. Producing over 10,000 different types of products, these small-scale ventures are...
Why the Widening Gender Gap is a Wake-up Call for Us All
Henriette Kolb, Head, Gender Secretariat, for the International Finance Corporation, authors a post in response to The World Economic Forum’s 2017 Global Gender Gap Report. The report analyzes disparities in health, education, economy, and politics — found that the overall average gender gap rose to 32%, up from 31.7% in 2016. Kolb says that one...
Dutch Bank, ING, Finds A Winning Digital Strategy
The Economist profiles Germany's third-biggest retail bank, which has no branches, but is highly profitable. ING-DiBa, an online bank owned by ING, the Netherlands’ biggest lender, looks after €133bn ($154bn) of deposits for over 8 million customers. ING-DiBa’s lack of branches keeps costs down, allowing it to resist charging for current accounts...
Arun Kumar: SMEs Worst Hit by Demonetisation
In an interaction with ETRise, Kumar talks about how demonetisation has been catastrophic for MSMEs and how it has not destroyed even 1% of black wealth. One of Kumar's responses to MSMEs effect was: MSMEs in India deal with cash to a very large extent. For their working capital or purchase of raw materials, cash is imminent for them...
Improving Basic Math Skills Among Microentrepreneurs in Rural India
As part of a study to identify whether basic math skills contribute to entrepreneurial success in rural India, Madura Microfinance conducted a study on the numerical capabilities of microentrepreneurs. Of the 198 microentrepreneurs surveyed, 85 percent had completed a tenth grade education or more. The test covered basic arithmetic operations with...
Policy Considerations to Help SMEs Access Financing and Join Global Value Chains
Leora Klapper, Lead Economist, Development Research Group, World Bank and Natascha Beinker, Co-Chair G20 Global Partnership for Financial Inclusion (GPFI) and Co-Chair GPFI SME Finance Subgroup, German Federal Ministry for Economic Cooperation and Development (BMZ) co-author an article on how SMEs need financial help to meet sustainability...