"great exchanging with all of you. thanks for a very interesting hour on-line...in addition to my blog, people should visit the SME Finance Forum at www.smefinanceforum.org for much more on all of these topics, and you can join our…"
"let's not completely despair on this...starting to see some interesting stuff from the likes of AccessBank, Diamond Bank, Ecobank, and others...and starting to see some very interesting value chain finance for women from Coca Cola and…"
"our IFC-McKinsey data suggests that, for credit, Africa and the Middle East have the biggest (proportional) gap between supply and demand, but the biggest absolute gap is in Asia due to larger populations of MSMEs."
"and to get back to our moderator's question about public-private cooperation, to me the most important thing the public sector can do is to make the markets stay competitive, and better informed - the first through policies that encourage new…"
"the good news is that lending to spendthrift governments and a few corporates no longer pays off for emerging banks as it used to, so the smart ones realize they have to learn to serve the broader markets."
"this finding doesn't surprise me at all. as I noted in my opening comment, we don't lack capital. we lack institutions capable of serving SMEs properly, and profitably (and those two p's are related!)"
"yes, and rest assured they're going to take this business away from CCB and the other banks as soon as their licensing enables...just like Amazon, eBay and others are going to take bank business away in USA with their new financial services."
"this is a great example of building on electronic knowledge of SMEs to bring down costs of financial services, making this business far more do-able...but note that Alibaba could only do this after first building many other businesses, such as B2B…"
"we have to be really, really careful here, because this is rarely done in a way that actually stimulates market movement...there are smart ways to blend public and private finance to do this, but they must be coupled with capacity to assess…"
"there are great examples of this in merchant advance products, Alex, both in developed and now in emerging markets...credit that repays every day as a portion of electronic payments streams, variable to reflect business cycle variation, not stuck in…"
"unfortunately they don't load from the rear, or we could have developed big market for them in Nigeria! too insecure for there, loading from the front...but they take dirty bills, too...(physically dirty, that is) :)"
"few countries have movable asset registries that both contain the lease, and are easily accessible for consumers and financiers...china's a notable exception, having recently gone electronic...ghana's another, with lots of movables pledged…"
The SME Finance Forum, created by the G20 countries' Global Partnership for Financial Inclusion, and managed by the International Finance Corporation, brings together financial institutions, technology companies, and development finance institutions to share knowledge, spur innovation, and promote the growth of SMEs.
Topics on my radar:
Agriculture, Base of the Pyramid, Enterprise Development, Inclusive Business Models, Measuring Impact, Technology, Women and Business, Youth Enterprise
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