COVID-19

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Uncertainty, Fear, and Coronavirus: The New Reality for Africa’s Entrepreneurs

Promoting good practices in women entrepreneur financing has always been an important focus of the SME Finance Forum. Financial inclusion for women has always been challenging, particularly in emerging and developing markets where women entrepreneurs have lower access to capital, which severely restricts their progress and ability to contribute to the national economies. The COVID-19 crisis makes financial inclusion for female entrepreneurs even more challenging as it poses serious threats to the financial stability of SMEs, and especially to women entrepreneurs.

COVID-19 and Credit Reporting: Suppression is Not the Solution

There remains tremendous uncertainty surrounding the global COVID-19 pandemic as a health care crisis. There is also uncertainty about the economic collateral damage being caused by the pandemic—primarily around the slope of the economic recovery curve (will the curve be “V-,” “U-,” or “L-shaped?” Whatever recovery trajectory different affected economies ultimately travel along, the following facts are universally true:

Member Survey Results on the Impact of COVID-19

During crises like COVID-19 pandemic, sharing experiences and learning is vitally important.  The SME Finance Forum team sent out a rapid survey to our members this week to take their pulses on how their institutions and their SME clients are faring so far (Click here to see what we asked). We had 45 respondents from 32 different countries: 24 banks/FIs, 12 Fintechs, five Development Banks, and four others (associations). 

Virtual Roundtable Series on COVID-19 Mitigation Efforts #5 - Risk Sharing in the Biggest Crisis Ever

By invitation only

To take stock of the collective efforts of institutions and governments around the world regarding the impact of COVID-19 outbreak, the SME Finance Forum organizes weekly virtual roundtables designed to support members by providing a space to share experiences and knowledge through the industry’s leading voices. 

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