Micro, small and medium enterprises (MSMEs) are the backbone of many local communities; they contribute substantially to employment and innovation, bringing goods, services and employment opportunities to local people, especially women and those seeking low-skilled jobs. The impact of MSMEs, however, is not just confined to where they operate.
Accounting for 50% of global employment and 90% of all businesses, MSMEs are vital drivers of global economic growth. Despite this, many of them are underfinanced...