Videos

Why More Women Should Take on Traditionally Male Jobs

Women in Africa are more likely to be in the labor force than women in other regions. But female-owned businesses typically operate in more crowded markets, they have fewer employees, lower average sales, and less value-added. New research shows that female entrepreneurs can build larger and more profitable companies when they operate in male-dominated sectors. Meet some of these African women who are breaking the mold and venturing into construction and manufacturing.

Sharmila Hardi of IFC Shares Insight on Key Players Lending to SMEs and Issues Aside from Finance Affecting SMEs During the SME Finance Forum 2018

During the Global SME Finance Forum 2018, Sharmila Hardi, Senior Manager, IFC explains that banks have always perceived SMEs to be quite risky to lend because SMEs usually don’t have track records, the loans they request are rather small and regulators require high risk-weighted assets for SME lending.

“But while banks have exited from lending to SMEs, other key players, particularly fintechs and e-commerce platforms have been stepping in,” Hardi shared.

In the interview, she explored issues aside from finance as a hurdle for SMEs.