Djibouti News Innovative MSME Finance shows promise in Djibouti - World Bank Group
Published on: Thursday 24 March 2016
World Bank Group
Innovative MSME Finance shows promise in DjiboutiWorld Bank GroupBanks in Djibouti are fairly liquid, but they are often unwilling to lend to micro, small and medium size enterprises (MSMEs) because of low appetite for risk and insufficient collateral. However, MSMEs are important for job creation and economic growth.
News source: http://www.worldbank.org/en/news/feature/2016/03/22/innovative-msme-finance-shows-promise-in-djibouti