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Nena Stoiljkovic on Women Entrpreneurship
IFC Vice President Nena Stoiljkovic was in Japan for the international conference "World Assembly for Women: WAW!" talked about support for women. Of IFC's many missions, supporting female entrepreneurs is very important. IFC has a network of around 800 local banks in developing countries, through which they offer support to make it easier for...
Global SME Finance Forum 2018 - Meet Our Study Visit Hosts
Join the Global SME Finance Forum 2018 on November 5 to access study visits to financial institutions and fintechs that have best in class, innovative ways of serving SMEs clients. The conference will showcase unique perspectives of industry leaders, rich experiences of successful practitioners, and the impactful financial innovations that...
Member News: BNP Paribas Asset Management Launches SME Alternative Lending Platform
AltFi reports that SME Finance Forum member BNP Paribas Asset Management has completed its first UK loan on its new SME lending platform. The loan, a six year senior unsecured amortising loan, was made to a specialist recruitment services company based in the West of England. BNPP AM says investing in its SME alternative financing offers its...
How Paypal Became Small Business Owner (and Industry Luminary) Jim Marous' Primary Bank
Jim Marous is co-publisher of The Financial Brand and publisher of the Digital Banking Report , a subscription-based publication that provides deep insights into the digitization of banking, with over 150 reports in the digital archive available to subscribers. As a small business owner, Jim Marous shares why PayPal became his primary financial...
Why Women-Owned Startups Are a Better Bet
According to Boston Consulting Group research, when women business owners pitch their ideas to investors for early-stage capital, they receive significantly less funding — a disparity that averages more than $1 million— than men. Yet businesses founded by women ultimately deliver higher revenue—more than twice as much per dollar invested—than...
Crowdfunding As a Capital Source for Women Entrepreneurs
This research was commissioned by The National Women Business Council (NWBC) to explore the distinct relationship between crowdfunding and women entrepreneurship, and develop a deeper understanding of crowdfunding as capital source. The research aims to: i) identify and document available demographic and other descriptive quantitative information...
Unlocking Opportunities for Women and Business: A Toolkit of Actions and Strategies for Oil, Gas, and Mining Companies
A growing number of oil, gas, and mining companies have committed to create more diverse, gender-balanced, inclusive industries – recognizing that it is not only the right thing to do, but it also makes business sense. IFC has developed this toolkit to help oil, gas, and mining companies to meet their gender goals. The toolkit starts with detailed...
Mobile Money Offers Africans a Financial Future
For years, traditional banks shied away from serving many Africans because of the costs of physical branch expansion and the risks associated with serving low-income people. Small entrepreneurs found it particularly hard to access credit as they often lack the required collateral or credit history. But the launch and growth of digital financial...
A Success Story on Remittances at the Post Office in Africa
In 2013, together with the European Commission, IFAD partnered with the United Nations Capital Development Fund, the Universal Postal Union, the World Savings and Retail Banking Institute, the World Bank and other key factors in order to address the full potential of postal networks in Africa in facilitating the transfer of remittances, reducing...
Member News: CreditEase Product ShangTongDai Wins Award at The Asian Banker China Country Awards 2018
SME Finance Forum member CreditEase, a Beijing-based leading FinTech conglomerate in China, announced that its product ShangTongDai won “The Best API Product Initiative, Application or Programme” award and became the only non-bank financial services company winning The Asian Banker Transaction Award. The fellow winners of The Asian Banker Awards...