Tuesday, August 26, 2008 from 6:00 PM - 8:30 PM (PT)
Finance for SMEs: The "Missing Middle"
Fueling the Growth of Small & Medium Enterprises (SMEs) in the Developing World
The next Silicon Valley Microfinance Network meeting will be Tuesday, August 26th at Google.org in San Francisco; our speakers will be Linda Segre and Sonal Shah.
| Linda Segre | Sonal Shah | |
| Google.org | Google.org |
What happens to emerging economy businesses that aren't served by either commercial banking or microfinance? In many developing countries large businesses have access to formal, bank-based credit and capital markets; meanwhile households and micro-entrepreneurs have access to micro-loans. This leaves a massive economic gap known as the "missing middle" in small and medium-sized enterprises (SMEs).
SMEs account for half of GDP and two-thirds of jobs in developed countries, and are potentially a high-impact, high-return investment. Please join us to hear Google.org discuss how we can drive capital to these enterprises and what lessons can be shared between the SME and micro-enterprise sectors.
Cost:
in advance: $20 regular attendee | $10 for students & non-profits (with ID)
at the door: $25 regular attendee| $15 for students & non-profits (with ID)
The Silicon Valley Microfinance Network (SVMN) is a grassroots organization for people in the SF Bay Area and beyond interested in learning about microfinance, microcredit, and related finance and economic topics.
SVMN's mission is to connect, educate and engage people in the field of microfinance by creating a forum for innovation and collaboration that leverages the Bay Area's unique expertise, thereby reducing global poverty.
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