Increasing access to alternative sources of financing for credit-constrained MSMEs is critical, and supply chain finance has emerged as a viable solution. Reverse factoring—whereby the supplier sells its invoices to a financial intermediary for fast cash, and the buyer guarantees payment of these invoices—shows particular promise.
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Based on the IDB Group’s track record with supporting women’s economic empowerment, here are four overarching lessons with a focus on private sector initiatives. Some may seem obvious at first glance, but there are still many institutions, both public and private, that don’t consider women´s particular needs.
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For MSMEs, the response to COVID-19 requires not only ensuring their survival in the short term, it also requires evaluating possible scenarios to align recovery efforts. For this, it is essential to strengthen their resilience.
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Tech Small and Medium Enterprises (SMEs) have a significant role to play in the IoT value chain by designing, integrating and adapting IoT solutions that respond to the realities, ecosystem and needs of the region.
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The year 2016 marked a time of new beginnings, rapid changes and uncertainty. This is especially true in Latin America and the Caribbean’s private sector. Looking back, we see three trends that impacted the year and will define what is to come.
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