As in most economies, micro, small, and medium enterprises (MSMEs) in emerging markets are widely believed to be the engine of growth across. Over the last decade, many researchers and academics have tried to analyze the issue of MSME access to finance, emphasizing their dependence on credit and...

This report examines the key challenges faced by small and medium enterprises (SMEs) in the Kyrgyz Republic, in an attempt to identify the issues and areas in most urgent need of reform. The IFC Study of Investment Climate as seen by Small and Medium Enterprises in the Kyrgyz Republic is the...

IFC maintains strong relations with BIO, the Belgian development finance institution (DFI). The two institutions have common development goals and objectives and play a complementary role in emerging economies. Since August 2010, BIO has been a signatory of IFC's Master Cooperation Agreement,...