$4.9 Trillion Small Business Credit Gap: Digital Models to the Rescue
CGAP estimates that there is a $4.9 trillion credit gap for micro and small businesses in emerging markets. But digital technologies are disrupting traditional means of delivering MSE finance. CGAP talked to some of the most interesting companies about these new business models and breaks down the findings for you in their latest blog and deck. CGAP has undertaken a global landscaping study to estimate the opportunity size of credit to MSEs in emerging markets, outline how digital technologies are disrupting this space and describe the most promising new business models they see emerging. Here are some findings that stand out to them.