"...IWB is a grass roots initiative designed to fill a key gap in the financial markets of developing countries known as the missing middle. The missing middle are the small to medium-sized enterprises (SMEs) that are too large for microfinance, but too small to meet the requirements of many traditional financial institutions.Globally, the SME sector is a significant driver of employment growth. Yet, SMEs in many developing markets face prohibitive barriers to obtaining the financing needed to grow, including the lack of a formal credit system..."-Investorswithoutborders.
Tuesday, June 24, 2008
Investors Without Borders
"...IWB is a grass roots initiative designed to fill a key gap in the financial markets of developing countries known as the missing middle. The missing middle are the small to medium-sized enterprises (SMEs) that are too large for microfinance, but too small to meet the requirements of many traditional financial institutions.Globally, the SME sector is a significant driver of employment growth. Yet, SMEs in many developing markets face prohibitive barriers to obtaining the financing needed to grow, including the lack of a formal credit system..."-Investorswithoutborders.
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