More Small Business Loans, and Why They Matter - By Anup Singh from Microsave

MicroSave recently completed a research study on MSMEs in Uganda, and the dilemmas most face with regard to financing and capital management. And these dilemmas are by no means unique to Uganda.Small businesses have long been, it would seem, the darling of microfinanciers, the international donor community, and others interested in supporting the growth of developing economies. “MSMEs and microfinance” yields 700,000 Google results—everyone, from the Aga Khan Foundation to the Asian Development Bank to business schools on every continent, is studying the needs and investment potential for this particular segment. MSMEs are also the principal employers in most emerging markets and contribute significantly to both GDP and GNP.