Women Small and Medium Enterprises (SMEs) and Access to Finance

 

Pillar 2: Women and Youth Agro-enterprises and Small and Medium Enterprises (SMEs) development for employability and Self-reliance. 

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In order to meet the development challenges in emerging markets—and to tap into the enormous potential of the women’s market for banks and businesses—the barriers of access to finance for women-owned SMEs need to be addressed urgently. Women-owned small and medium enterprises (SMEs) make significant contributions to the economies in which they operate. However, female entrepreneurs face a range of financial and nonfinancial challenges in realizing their growth potential, and are more likely than their male counterparts to cite access to finance as a major or severe constraint on their business operations.