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FinScope MSME 2017 study shows that credit penetration is very low at 7% for banked businesses

FinScope MSME 2017 study shows that credit penetration is very low at 7% for banked businesses

The FinScope MSME Survey, developed by FinMark Trust, is a research tool to assess financial access in a country and to identify the constraints that prevent financial service providers from reaching the financially under-  and un-served MSME owners.

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The Centre for Financial Inclusion is a semi-autonomous body under the auspices of the Ministry of Finance (MoF) to facilitate access to financial services for micro-entrepreneurs and the un-banked population through creating an enabling environment for the sector.