Fasanara and IFC Launch New Strategy to Expand Access to Finance for MSMEs in Emerging Markets
United Kingdom, March 3 -- Fasanara Capital and the International Finance Corporation (IFC), a member of the World Bank Group, announced plans to create a pioneering lending strategy aimed at helping micro, small, and medium-sized enterprises (MSMEs) in emerging markets access the capital they need to grow, especially businesses led or owned by women.The initiative will channel more affordable, flexible financing to MSMEs by supporting fintech lenders that serve these businesses. MSMEs are a key driver of economic growth and job creation in emerging markets, yet many struggle to access financing. Globally, small businesses face an estimated $5.7 trillion financing gap - with women entrepreneurs most affected. Fintech lenders have become an ...
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