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About #Closingthegap #Closingthegap: Assessment of The Entrepreneurial Ecosystem in Senegal
This document provides an assessment of the entrepreneurial ecosystem in Senegal and identifies key challenges for small and medium enterprises, known as the "missing middle". It finds that while Senegal has many active entrepreneurs and government support programs, access to finance remains a major constraint for growing SMEs. Most SMEs in Senegal are small and informal, lacking transparency needed to access bank loans. Both debt and equity financing are difficult for SMEs to obtain due to high informality rates, a nascent investor community, and other systemic obstacles. The resulting financing gap leaves a category of moderate growth SMEs underserved by the current financial landscape in Senegal.
Detailed Information
| Author: | ['alex'] |
|---|---|
| Publication Year: | 2021 |
| Pages: | 60 |
| Language: | English |
| Format: | |
| Price: | FREE |
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