Best Practices in Financing SMEs Handbook
Recognising the critical importance of supporting SMEs in emerging markets, SPARK’s 2030 Strategy aims to focus on job creation in fragile states and conflict-affected regions. Through partnerships with local entities, SPARK provides invaluable support to improve financial services for SMEs. This includes offering loan guarantees, digitising loan products, providing tailored coaching and technical assistance to SMEs, helping establish specialised SME units within relevant ministries or local banks, and connecting SMEs with potential investors in their niche markets.
The Best Practices in Financing SMEs Handbook serves as a crucial resource, presenting valuable insights and best practices for financial institutions in Iraq to enhance their services for small and medium-sized enterprises (SMEs). This handbook represents a consolidation of experiences and lessons learned from successful initiatives focused on financing SMEs in emerging markets.