Digital Frontiers

Micro, Small & Medium Enterprises

ARTICLES

Promoting Digital and Innovative SME Financing

Access to finance is a critical barrier for SMEs to start, sustain and grow their businesses.  About half of formal SMEs do not have access to formal credit, and instead rely on internal funds, or cash from friends and family, to launch and initially run their business.  An extensive survey of SMEs in 135 countries…

G-20: Data Enhancement and Coordination in SME Finance Report

Annual aggregate data is captured annually for only a minority of the world’s countries by the IMF, OECD and others.  Little if any data is available at country level on financing for women entrepreneurs, young entrepreneurs or other key segments of interest to GPFI’s Financial Inclusion Action Plan.  Data collected by the IFIs and DFIs…

Global State of Small Business

The Global State of Small Business Report, based on the Future of Business Survey, is an ongoing research collaboration by Facebook, the Organisation for Economic Co-operation and Development (OECD), and the World Bank to survey small and medium-sized businesses around the world over a six-month period in the context of COVID-19. The aim of these…

Measuring Microfinance Impact: A Practitioner Perspective and Working Methodology

This paper results from a research project by the EIF on “Measuring Microfinance Impact in the EU. Policy recommendations for Financial and Social Inclusion” (MeMI). The aim of the project is to contribute to the debate whether microfinance is able to deliver the expected impact in terms of financial and social inclusion.

A Framework for Understanding the Financial Health of MSME Entrepreneurs

This paper presents CFI’s conceptual framework for understanding MSME financial health along with a survey instrument that measures indicators for each factor in the framework.

The Global State of Small Business Report

The Global State of Small Business Report, based on the Future of Business Survey, is an ongoing research collaboration by Facebook, the Organisation for Economic Co-operation and Development (OECD), and the World Bank to survey small and medium-sized businesses around the world over a six-month period in the context of COVID-19. The aim of these…

MSME Finance Gap Data

Micro, Small and Medium Enterprises (MSMEs) are one of the strongest drivers of economic development, innovation and employment. Access to finance is frequently identified as a critical barrier to growth for MSMEs. Creating opportunities for MSMEs in emerging markets is a key way to advance economic development and reduce poverty. The private and public sector…

Payment facilities and Africa’s platform ecosystem: What does the data tell us?

Digital platforms, also known as multi-sided marketplaces, are seamlessly matching customers to suppliers of goods and services in e-commerce and other emerging industries, thereby creating new pathways for individuals to participate in the digital economy. At the heart of the rapid rise of Africa’s digital platforms are the payment methods and channels that facilitate and…

G20 Action Plan on SME Financing: Self-Assessment Consolidated Progress Report 2019

This report represents the comparison of the 2019 self-reported responses against those provided by the G20 countries in 2017.

Unlocking Credit For Women-Owned Enterprises in Southeast Asia through Value Chain Digitization

This report by Women’s World Banking explores the answers to three key questions: Which value chains in Cambodia, Indonesia, the Philippines, and Vietnam represent priority opportunities to develop increased credit offerings for women-owned MSMEs (micro-, small- & medium-sized enterprises) through value chain digitization? What forms of value chain digitization would be best suited to women-owned…

Zooming in on Informal Savings Mechanisms in Zambia

This study of informal savings mechanisms (ISMs) and their users was conducted in three provinces of Zambia in 2019. Commissioned by the Savings at the Frontier (SatF) programme (a partnership between Mastercard Foundation and Oxford Policy Management) and Financial Sector Deepening Zambia (FSDZ) it was conducted by Oxford Policy Management in collaboration with Paul Rippey…

Sports betting and its Relationship to Digital Credit: A Case Study for East Africa

This research paper by Robinson Mbae and Edmond Machengete explores the relationship of sports betting with digital credit, looking at how these have prevailed, the common consumer and amounts bet and borrowed. It also explores the role of regulation and education, and why its impact on financial inclusion and exclusion. You can also watch a recording…

SME Financial Inclusion for Sustained Growth in the Middle East and Central Asia

This paper by the IMF offers empirical evidence that greater financial inclusion of small and medium enterprises (SMEs) can promote higher economic growth and employment, especially in the Middle East and Central Asia regions. Firstly the report shows that countries with higher SME financial inclusion exhibit more effective monetary policy transmission and tax collection. Secondly,…

Alternative data transforming SME finance

Access to financing remains one of the most significant constraints to the survival, growth, and productivity of micro, small, and medium enterprises (SMEs). The SME credit gap has proven to be an enduring structural feature across both developing and developed markets, even in countries that have enacted a variety of policy measures to support SMEs…