Financial Innovation Drives Small Businesses

International Finance Corporation (IFC) makes selective investments in small businesses that are in frontier countries and have a strong developmental role. Since 2002, the corporation has made 25 or so small direct investments (SDI), most of which turned out to be success stories. Over the years, SDI developed a specific methodology that works well with small companies. But the most successful stories arise from innovative financial solutions tailored to help small businesses as they incubate and eventually graduate into fully bankable companies.

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Bibliographic Details
Main Author: Spagnoletto, Paolo
Language:English
Published: World Bank, Washington, DC 2009-05
Subjects:ACCESS TO LOANS, ADVISORY SERVICES, BANKS, BENEFICIARIES, BEST PRACTICES, BOARD MEMBER, BORROWING, BROKERAGE, BROKERAGE FEES, CAPITAL ADEQUACY, CAPITALIZATION, CARBON EMISSION, CASH RESERVES, CHARTER, CHIEF INVESTMENT OFFICER, COLLATERAL, COLLECTIVE, COMPETITIVE MARKET, CONTRIBUTION, CORPORATE GOVERNANCE, CORPORATION, CORPORATIONS, CREDITWORTHY BORROWERS, DEBT, DEBT-SERVICE, DEBTS, DIRECT INVESTMENT, DIVIDEND, DIVIDEND PAYMENTS, DIVIDEND PAYOUTS, DIVIDENDS, DONOR FUNDS, ECONOMIES OF SCALE, ELIGIBILITY CRITERIA, EMERGING MARKETS, ENTREPRENEURS, EQUIPMENT, FAMILY MEMBERS, FARMER, FARMERS, FINANCIAL INNOVATION, FINANCIAL INSTITUTIONS, FINANCIAL PERFORMANCE, FINANCIAL STATEMENTS, FINANCIAL STRUCTURE, FINANCING INITIATIVE, FIXED RATE, INCORPORATION, INDEBTEDNESS, INNOVATIVE FINANCING, INSURANCE, INTEREST INCOME, INVESTMENT ARM, JOINT VENTURE, LIMITED, LIMITED PARTNERSHIP, LIQUIDATION, LOAN, LOAN EXPOSURE, LOAN PORTFOLIO, LOANS TO FARMERS, LOCAL BANKS, MARKET VALUE, MARKETING, MICROFINANCE, MIDDLEMEN, NATIONAL BANK, NEW INVESTORS, OPEN JOINT STOCK COMPANY, OUTSTANDING LOAN, PARENT COMPANY, PAYOUT RATIOS, PORTFOLIO MANAGEMENT, POTENTIAL INVESTORS, PRIVATE ENTERPRISE, PRODUCTIVITY, PROFIT MARGIN, PROFIT MARGINS, PROFITABILITY, REORGANIZATION, RESERVE, RETURN, RETURN ON INVESTMENT, SALE, SAVINGS, SHAREHOLDER, SHAREHOLDERS, SMALL BUSINESS, SMALL BUSINESSES, SMALL COMPANIES, SMALL DIRECT INVESTMENTS, SMALL LOAN, SUBSIDIARY, SUPERVISORY BOARD, TAKEOVER, TAKEOVERS, TRANSPARENCY, VILLAGE,
Online Access:http://documents.worldbank.org/curated/en/2009/05/10778258/financial-innovation-drives-small-businesses
https://hdl.handle.net/10986/10557
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