Small and medium sized enterprises (SMEs) are critical for creating more equitable economic growth. SMEs create opportunities for more people to participate in the formal economy and help reduce poverty by creating jobs. In many developing countries large businesses have access to formal, bank-based credit and capital markets while households and micro-entrepreneurs have access to micro-loans. This leaves a massive gap known as the “missing middle.”
While SMEs in rich countries represent half of GDP, they are largely absent from the formal economies of developing countries. Today, there are trillions of investment dollars chasing returns – and SMEs are a potentially high impact, high return investment. However, only a trickle of this capital currently reaches SMEs in developing countries. Our goal is to increase this flow.
The Brie that ate Sheboygan
-
[image: BrieWithBubbles.jpg]
[image: brie-blackberries.jpg]
How could I resist something called "Blowing Up Cheese With Nitrous Oxide"?
It's a piece, in Po...
8 minutes ago





0 comments:
Post a Comment