Financing small scale enterprises
Description
Financing small scale enterprises involves mobilizing and allocating financial resources to support the establishment, growth, and sustainability of small businesses. This strategy addresses barriers such as limited access to credit, high collateral requirements, and inadequate financial services by promoting microfinance, credit guarantees, and tailored lending schemes. Its practical intent is to empower entrepreneurs, stimulate local economies, and reduce poverty by enabling small enterprises to invest, expand operations, and create employment opportunities.
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Facilitates
Facilitated by
Reference
SDG
Metadata
Database
Global strategies
Type
(D) Detailed strategies
Subject
- Commerce » Finance
- Commerce » Business enterprises
Content quality
Yet to rate
Language
English
1A4N
W6343
DOCID
13363430
D7NID
195905
Editing link
Official link
Last update
Dec 3, 2024