Enabling Small- and Medium-Sized Enterprise Access to Finance
Sep 01, 2009 | Chemonics International Inc. | USAID
The objective of this document is to provide U.S. government program designers with a basis of technical understanding of approaches to enable access to financing for small- and medium-sized enterprises (SMEs) in emerging markets. The study includes a Primer, Diagnostic Checklist, and a Model Scope of Work. The Primer identifies the challenges that SMEs face in accessing finance and discusses financing solutions available to them, including traditional bank-lending approaches and more progressive asset-based financing techniques. The diagnostic checklist is designed to assist USG programmers with evaluating the preconditions and options available to enable access to financing for SMEs. Finally, the model scope of work in Annex B provides sample language to integrate into effective programming.