Berg, GunhildFuchs, Michael2013-10-012013-10-012013-08https://hdl.handle.net/10986/15994This paper provides an overview of the state of access to bank financing for SMEs in five Sub-Saharan African countries and analyzes the drivers behind banks' involvement with SMEs. The paper builds on data collected through five in-depth studies in Kenya, Nigeria, Rwanda, South Africa, and Tanzania between 2010 and 2012. The paper shows that the share of SME lending in the overall loan portfolios of banks varies between 5 and 20 percent. Reasons for this finding vary, but key contributing factors are the structure and size of the economy and the extent of Government borrowing, the degree of innovation mainly as introduced by foreign entrants to financial sectors, and the state of the financial sector infrastructure and enabling environment.en-USCC BY 3.0 IGOACCESS TO BANKACCESS TO FINANCEACCOUNT MANAGEMENTAGRICULTURAL LOANSAVAILABILITY OF CREDITBALANCE SHEETSBANK ASSETBANK ASSETSBANK FINANCINGBANK LENDINGBANK LOANSBANK OF TANZANIABANK OFFICIALSBANK POLICYBANKING SECTORBANKING SECTOR ASSETSBANKING SYSTEMSBANKSBIG BANKSBORROWINGBUSINESS PLANSCAPITAL LOANSCENTRAL BANKCOLLATERALCOLLATERAL REGISTRIESCOLLATERAL REGISTRYCOLLATERAL REQUIREMENTSCOLLATERALIZATIONCOMMERCIAL BANKCOMMERCIAL BANKSCONCEPTUAL FRAMEWORKCONTRACT ENFORCEMENTCOOPERATIVESCORPORATE BONDCREDIT BUREAUCREDIT BUREAUSCREDIT CONSTRAINTSCREDIT DEPOSITCREDIT GUARANTEECREDIT GUARANTEESCREDIT INFORMATIONCREDIT LINECREDIT LINESCREDIT MARKETSCREDIT RECORDSCREDIT REGISTRIESCREDIT REPORTINGCREDIT REPORTING SYSTEMSCREDIT RISKCREDIT RISK MANAGEMENTCREDITORCREDITOR RIGHTSCREDITORSCROWDING OUTDEBTDEBT MARKETSDEPOSITDEPOSITSDEVELOPING COUNTRIESDEVELOPING COUNTRYDEVELOPMENT BANKDEVELOPMENT BANKSDEVELOPMENT FINANCEDEVELOPMENT FINANCE INSTITUTIONDISPUTE RESOLUTIONDIVERSIFICATIONDOMESTIC BANKSECONOMIC DEVELOPMENTECONOMIC GROWTHECONOMICSEMPLOYMENTENABLING ENVIRONMENTENFORCEMENT OF CONTRACTSENTREPRENEURSHIPEQUITY FUNDSEXCHANGE RATEEXTERNAL FINANCEEXTERNAL FINANCINGFACTORINGFINANCIAL CONTRACTSFINANCIAL DEEPENINGFINANCIAL DEVELOPMENTFINANCIAL INSTITUTIONSFINANCIAL INTERMEDIARIESFINANCIAL INTERMEDIATIONFINANCIAL SERVICESFINANCIAL STABILITYFINANCIAL STATEMENTSFINANCIAL SYSTEMSFINANCING OBSTACLESFOREIGN BANKSFORM OF CREDITGOVERNMENT BORROWINGGOVERNMENT INVOLVEMENTGOVERNMENT POLICIESGOVERNMENT POLICYGOVERNMENT SECURITIESGOVERNMENT SUPPORTGROUP LOANSGUARANTEE FEEGUARANTEE FUNDGUARANTEE FUNDSGUARANTEE PRODUCTGUARANTEE PRODUCTSGUARANTEE SCHEMEGUARANTEE SCHEMESHIGH INTEREST RATESHOLDINGIDIDSIMMOVABLE ASSETSINFLATIONINFLATION RATESINFORMAL FINANCEINFORMATION SHARINGINTEREST RATEINTEREST RATES ON GOVERNMENT SECURITIESINTERNATIONAL BANKJUDICIAL ENFORCEMENTJUDICIAL SYSTEMLAWSLEGAL CONSTRAINTSLEGAL FRAMEWORKLEGISLATIONLENDING INTEREST RATELENDING TECHNIQUESLEVEL PLAYING FIELDLINES OF CREDITLOANLOAN GUARANTEELOAN GUARANTEE PROGRAMLOAN PORTFOLIOSLOAN PRODUCTSLOAN RECOVERYLOAN TERMLOCAL CURRENCYMACROECONOMIC ENVIRONMENTMACROECONOMIC STABILITYMANDATESMARKET PARTICIPANTSMARKET PLAYERSMARKET SIZEMATURITYMATURITY MISMATCHESMICROFINANCEMICROFINANCE INSTITUTIONSMICROFINANCE SECTORMOVABLE COLLATERALNEW MARKETOILOPAQUE SMALL BUSINESSESOUTREACHPARTIAL CREDITPAYMENT HISTORIESPORTFOLIOPRIME RATEPRIVATE CREDITPRIVATE CREDIT BUREAUPRIVATE ENTERPRISESPRIVATE EQUITYPRIVATE SECTOR COMMERCIAL BANKSPROFITABILITYPROFITABLE BUSINESSREGULATORY FRAMEWORKREGULATORY STRUCTURESRELATIONSHIP LENDINGRESERVERESERVE BANKRETAIL BANKINGRETURNSRISK MANAGEMENTSECURITIESSECURITIES MARKETSSECURITIZATIONSMALL BUSINESSSMALL BUSINESS FINANCESMALL BUSINESS LENDINGSMALL ENTERPRISESMALL ENTERPRISE FINANCESMALL ENTERPRISESSMALL FIRM FINANCESTART-UPST-BILLT-BILL RATETAXTECHNICAL ASSISTANCETELECOMMUNICATIONSTRANSITION COUNTRIESTREASURYTREASURY BILLTREASURY BILL RATESUNIONWORKING CAPITALWorld Bank10.1596/1813-9450-6563