Boosting Business Growth while Leveling the Credit Playing Field for Women MSMEs in Mexico
This DEBrief summarizes the findings of a study conducted by IDB Invest to measure the impact of credit from the Mexican fintech firm, Konfio, on the sales growth of MSMEs. The results show that two years after receiving a loan, the sales growth of Konfio clients was 19.4% higher than similar firms that were rejected for financing. Among women-owned firms, the difference was even higher at 41.9%.
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