Serving the missing middle with a Gender Lens

Micro, small and medium-sized enterprises (SMEs) are significant job creators in Latin American economies, representing almost 60% of formal employment in the region. However, SMEs are significantly less productive than large companies, representing only 25% of the value produced in the region, and not all SMEs are created equal—some will stay small and less productive, while others have the potential to scale and grow. These latter companies, known as small and growing businesses (SGBs), have the potential to become highly productive enterprises that contribute to innovation, increase economic dynamism, and boost competitiveness on the local level.  However, they face significant challenges when they try to scale, particularly in terms of access to finance. Read the following report on how innovative financial vehicles can drive growth for SMEs.

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