Nearly 500 million micro and small enterprises (MSEs) are estimated to be operating around the world. Access to credit and other financial services is critical to the growth and sustainability of these businesses, yet there are still difficulties with their financing. New technologies are transforming the financial sector, and some could be the keys to enabling business models that can overcome traditional barriers to MSE finance. This reading deck highlights technological trends and fintech business models with high potential to reach underserved MSEs with improved and responsible financial services.
This reading deck was prepared by CGAP in English language. Click here to access its full version.
Source: Consultative Group to Assist the Poor
Illustration: CGAP