Articles

Blended Finance - A Stepping Stone to Creating Markets

At the heart of IFC’s approach to blended finance are efforts to create and help sustain private markets with strong development impact. This note explores the role of blended finance in creating markets and looks at lessons from three blended finance projects and structures—and how each contributed to the creation of markets that are scalable, sustainable, and resilient.

Articles

Articles

Blended Finance - A Stepping Stone to Creating Markets
At the heart of IFC’s approach to blended finance are efforts to create and help sustain private markets with strong development impact. This note explores the role of blended finance in creating markets and looks at lessons from three blended finance projects and structures—and how each contributed to the creation of markets that are scalable,...
IFC and VCs Want To Take Emerging Market Microfinance To Mobile
Several venture capital firms are working with the International Finance Corporation (IFC). A member of the World Bank Group, the IFC is partnering with Chicago-based Victory Park Capital (VPC) to launch a new fund to provide debt to for online lending by fintech lenders in the developing world. The partnership aims to improve access to debt...
How Digital Innovation Can Increase Small Business Access To Finance In Asia
Small- and medium-sized enterprises (SMEs) are a key contributor to economic activity around the world as an important source of jobs, growth, and innovation. Despite their essential role, SMEs receive a disproportionately small share of credit from the financial system, a trend that persists across developed and developing countries, including in...
With a High Loan Approval Rate, Alternative Lenders Are Easing the Credit Burden on Small Businesses
MEDICI's Diwakar Mandal shares the factors of a strong economic growth, rising interest rates, and a growing digitization in the lending space by the emergence of alternative lenders that have been key drivers of growth in SME lending. He says, banks have traditionally been a custodian of customer relationships in the SME lending space. However,...
2 Months In To Open Banking: What’s Changed So Far?
Oscar Sala, VP of Product Strategy at Strands, Member of the Board of Mobey Forum and co-chair of their Open Banking Working Group, has extensive experience in digital transformation in retail and corporate banking, contributing in particular to the transformation of several companies within Grupo Caixabank, where he was instrumental in the...
The Digital Credit Revolution in Kenya: An Assessment of Market Demand, 5 Years On
Since the 2012 launch of M-Shwari, a mobile banking service which offers a savings account and access to digital credit, the market for digital credit has expanded rapidly in Kenya. Digital credit is now offered by the three largest Kenyan banks (Kenya Commercial Bank, Equity Bank, and Cooperative Bank), as well as a growing number of FinTechs and...
SME Experts Weigh in on Policy at OECD Observer Roundtable
Some 99% of firms in the OECD are small and medium-sized enterprises (SMEs) and they generate about 70% of all jobs. But in order to stay vital and competitive in today’s global economy, SMEs need support. OECD asked their panel of experts for their views. Why do SMEs matter for productivity and inclusive growth, and what new policies are needed...
India's Economic Survey 2017-18
The Economic Times review of the Economic Survey 2017-18 says that the amount of credit or loans disbursed by banks amounted to Rs 26,041 billion as on November 2017, but 82.6% of this was pocketed by large enterprises. For millions of SMEs in the country, banks only lent out 17.4 % of the total credit. Learn more about the survey and how MSME...
5 Expert Predictions for SME Banking in 2018
SME Finance Forum member Strands Finance asked SME Banking experts to share their predictions with them. Here’s a preview of what the best in Fintech have to say about the coming year in SME Finance Management. See responses from our very own Matthew Gamser and Minerva Kotei, as well as from members Strands and Mastercard.
Providing Pre-Seed and Seed Capital is an Essential Step to Bringing West Africa and Sahel’s Entrepreneurs to the Next Level
More than 40 percent of African entrepreneurs cite access to finance as the major factor limiting their growth, according to World Bank Enterprise Surveys. In this article, the author says that West African start-ups and innovative young SMEs are indeed facing the classic ‘valley of death’ — the space between where the entrepreneur’s own resources...