The Global SME Finance Facility (GSMEF) is a blended-finance partnership focused on helping to close the financing gap faced by SMEs in emerging markets. By providing investment and advisory services to financial institutions, the Facility helps them expand lending to SMEs in challenging markets and segments. The Facility focuses on the most underserved SME segments that are not normally reached by financial institutions. These include SMEs in fragile countries, Very Small Enterprises, climate-smart SMEs, and women-owned SMEs. In addition, the Facility aids governments to improve their nations' financial infrastructure, thus enabling capital to flow more efficiently to SMEs.
A global partnership, the Facility was launched in 2012 in response to a G-20 call for expediting SME financing and growth,and aims to generate one million new jobs in the SME sector. To support this growth, the facility provides funding, risk mitigation and advisory assistance to financial institutions. This helps institutions expand lending to SMEs in challenging markets and segments. In addition, the facility aids governments with improving their nations' financial infrastructure, enabling capital to flow more efficiently to SMEs.
GSMEF is funded by the following government partners: UK Foreign, Commonwealth & Development Office (FCDO) and the Netherlands Ministry of Foreign Affairs.
NEPAL: Fin Infra
MOZAMBIQUE: BCI Advisory
CÔTE D'IVOIRE: NSIA Banque
IFC will leverage Donors’ contribution of $153 million with its own funds, to encourage financial institutions to make:
- 6,99,729 #SME Loans
- $46.5 BILLIONin new financing to SME Loans
Contact UsHanh Nam Nguyen, GSMEF Program Manager
Shir Naveh, Operations Officer & IS Program Lead
Anushe Khan, Senior Operations Officer & AS Program Lead