Written by International Finance Corporation
12 April 2019

The Global SME Finance Facility is a blended-finance partnership focused on helping to close the financing gap faced by SMEs in emerging markets. Catalyzing access to finance for SMEs, the facility has a goal of generating one million new jobs in the SME sector. The facility dedicates its efforts toward the most underserved SME segments, such as SMEs in fragile countries, very small enterprises, and women-owned SMEs.

A global partnership, the facility responds to a G-20 call for expediting SME financing and growth. To support this growth, the facility provides funding, risk mitigation and advisory assistance to financial institutions. This helps institutions expand lending to SMEs in challenging markets and segments. In addition, the facility aids governments with improving their nations' financial infrastructure, enabling capital to flow more efficiently to SMEs.