Throughout the emerging market world, entrepreneurs, start-ups and micro, small and medium-sized enterprises (MSMEs) are key engines of job creation and inclusive economic growth. FSVC provides technical assistance to financial institutions such as banks, venture capital (VC) investment and securities firms on developing specialized products so that MSMEs can grow their businesses. We also help MSME acquire the management, accounting and financial skills needed to spur business growth and attract financing.
Key FSVC indicators from 2006 to present:
- FSVC helped build the capacity of the Egyptian Social Development Fund (SDF) to disburse over US$70 million in funds to over 77,500 women-owned micro- and small-enterprises in Egypt.
- FSVC worked with the Self-Employed Women’s Association in India to train textile workers in India on developing business plans, financial and accounting skills, and helped these small business owners secure a contract with an international clothing company (Zara).
- FSVC trained small business owners in Tunisia to develop business plans and then compete in a locally sponsored business plan competition for prize money and live investors.
- FSVC produced a widely read report in Kenya regarding the importance of financial inclusion in promoting financial integrity.