Closing the Gaps: Finance Pathways for Serving the Missing Middles


“Recent research has shed light on the different types of small and growing business (SGBs) in emerging markets and on the new and alternative financial products and business models that serve them. However, the connections between the financial needs of the different SGBs and the alternative approaches used by SGB finance providers often remain unclear. This report aims to increase awareness about the approaches that appear to be working best to address SGB finance gaps and to explore what additional support is needed to help scale them and drive the emergence of new ones.”