Publication:
Improving SME Access to Trade Credit and Financing in MENA

dc.contributor.authorDornel, Arnaud
dc.contributor.authorAit Ali Slimane, Meriem
dc.contributor.authorMohindra, Komal
dc.date.accessioned2020-12-08T14:29:05Z
dc.date.available2020-12-08T14:29:05Z
dc.date.issued2020-12
dc.description.abstractSmall and medium enterprises (SMEs) in Middle East and North Africa (MENA), especially female entrepreneurs, face steep challenges in accessing finance and credit. This situation is now even more dire with the Covid-19 crisis. SMEs finance their activities in three main ways: (i) shareholder funds from family, business partners, and investors (ii) payment facilities from suppliers and pre-payments from clients, known as inter-firm trade credit (in short “trade credit”), and (iii) credit facilities from banks and other financial institutions, of which a large chunk is for working capital. All these sources of funds are required for SMEs to conduct their activities in a financially sustainable manner. The focus of this quick note is on the latter aspects: SME access to inter-firm trade credit and bank facilities to finance trade. These have major implications for financial inclusion, private sector development, value chains, and ultimately, on employment and growth. IFC is already very active in this segment, notably in poorer and fragile countries with the support of the IDA Private Sector Window, but more can be done by the World Bank. The financing of trade and value chains also needs to be much better understood by policymakers in our MENA client countries.en
dc.identifierhttp://documents.worldbank.org/curated/en/446661606972783139/Improving-SME-Access-to-Trade-Credit-and-Financing-in-MENA
dc.identifier.doi10.1596/34898
dc.identifier.urihttps://hdl.handle.net/10986/34898
dc.languageEnglish
dc.publisherWorld Bank, Washington, DC
dc.relation.ispartofseriesMENA Knowledge and Learning Quick Notes Series;No. 180
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo
dc.subjectTRADE FINANCE
dc.subjectSMALL AND MEDIUM SIZE ENTERPRISE
dc.subjectSME FINANCE
dc.subjectACCESS TO FINANCE
dc.subjectTRADE CREDIT
dc.subjectPUBLIC POLICY
dc.titleImproving SME Access to Trade Credit and Financing in MENAen
dc.typeBriefen
dc.typeFichefr
dc.typeResumenes
dspace.entity.typePublication
okr.date.disclosure2020-12-03
okr.date.doiregistration2025-04-29T10:34:07.108053Z
okr.doctypePublications & Research
okr.doctypePublications & Research::Brief
okr.docurlhttp://documents.worldbank.org/curated/en/446661606972783139/Improving-SME-Access-to-Trade-Credit-and-Financing-in-MENA
okr.guid446661606972783139
okr.identifier.externaldocumentum090224b08806ec72_2_0
okr.identifier.internaldocumentum32631435
okr.identifier.report154716
okr.importedtrueen
okr.language.supporteden
okr.pdfurlhttp://documents.worldbank.org/curated/en/446661606972783139/pdf/Improving-SME-Access-to-Trade-Credit-and-Financing-in-MENA.pdfen
okr.region.administrativeMiddle East and North Africa
okr.region.geographicalMiddle East
okr.region.geographicalNorth Africa
okr.topicFinance and Financial Sector Development::Access to Finance
okr.topicFinance and Financial Sector Development::Microfinance
okr.topicInternational Economics and Trade::Trade Finance and Investment
okr.topicPrivate Sector Development::Small and Medium Size Enterprises
okr.unitEFI-MNA-FCI-Finance-2 (EMNF2)
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