One small step: Empowering micro-, small and medium businesses across South Asia –
It is something of a paradox that, while there is broad agreement that micro-, small and medium enterprises (MSMEs) are an integral part of the economy in developing countries, they remain underserved.
MSMEs are vital to achieving decent and productive employment, particularly in the developing world, where they help keep economies afloat. In South Asia, on average, they account for over 40 percent of GDP. They also drive livelihoods – especially those of women and young people.
Yet millions of MSMEs don’t have access to capital to grow their business. That’s why IFAD works with governments to invest in rural MSMEs and agribusiness, spurring productivity, improving incomes and livelihoods, and creating jobs.
Here are some stories of how IFAD investment has helped women and men across South Asia grow their businesses and build better lives. Read More : 👉 https://www.ifad.org/en/web/latest/story/asset/41983830