Survey Report on Alternative Finance for MSMEs
MSMEs constitute 90 percent of all businesses and more than 50 percent of employment globally. In emerging economies, formal MSMEs contribute up to 40 percent of national income.
The report reflects on the economic and social importance of the MSME sector in emerging economies. It explores the significance of available research on the MSME finance gap, i.e. the difference between what access to finance is available to MSMEs and the level of financing that they actually require.