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Taking Stock
01.09.1998
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Taking Stock
01.03.1998
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Credit guarantee schemes for SMEs – an international review
01.06.1997
In view of the growing interest in microfinance, small enterprises with growth potential, as opposed to microenterprises, may be missing out on donor credit programmes.Credit guarantee schemes can be seen as filling this gap, since they are aimed at the SME sector, and are intended to help banks learn about lending to SMEs, while being cushioned from the risks involved. This article describes how credit guarantee schemes are being implemented all over the world, and points to some of the problems faced, as well as the advantages of such schemes. -
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From the Editors
01.12.1996
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From the Editors
01.09.1996
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Venture capital for small enterprises – a review
01.12.1994
In the US venture capital has for a number of years been an important source of funds for large and to some extent small businesses, with successes such as Apple computers and Federal Express couriers to its account. This article describes the concept of providing equity finance, and how suitable investments are identified. It provides a survey of experience in the US, UK and Europe, before describing attempts in the developing world to provide equity funding to small businesses, often mixed with loans and small business advice.