"This paper provides a comprehensive assessment of the short-term impact of the COVID-19 pandemic on businesses worldwide with a focus on developing countries. The results are based on a novel data set collected by the World Bank Group and several partner institutions in 51 countries covering more than 100,000 businesses. The paper provides several stylized facts. First, the COVID-19 shock has been severe and widespread across firms, with persistent negative impact on sales. Second, the employment adjustment has operated mostly along the intensive margin (that is leave of absence and reduction in hours), with a small share of firms laying off workers. Third, smaller firms are disproportionately facing greater financial constraints. Fourth, firms are increasingly relying on digital solutions as a response to the shock. Fifth, there is great uncertainty about the future, especially among firms that have experienced a larger drop in sales, which is associated with job losses. These findings provide a better understanding of the magnitude and distribution of the shock, the main channels affecting businesses, and how firms are adjusting. The paper concludes by discussing some avenues for future research."
"The study was set in rural markets in Kenya with the objective of testing how the GET Ahead programme affects the profitability, growth and survival of female-owned businesses, and to evaluate whether any gains in profitability come at the expense of other business owners. A year-and-a-half after the training had taken place, a mentoring intervention was randomly assigned among trained women to test whether additional group-based and in-person support strengthens the impacts of training on intended outcomes."
"Risk is an inherent feature of agriculture around the globe. The ever-present uncertainties in weather, yields, prices, government policies, global markets, and other factors can cause high volatility in farm income. In developing countries, smallholder farmers (and other small enterprises within the value chain) often do not have access to risk management products such as insurance to protect themselves from shock. Key barriers to the development of insurance markets in developing countries include: lack of awareness and understanding about insurance among households, high overhead costs associated with data collection and claims processing, and the limited availability of insurance products that meet the needs of poor and low-income farmers.
The use of digital tools in agricultural insurance has the potential to facilitate client uptake, reduce transaction costs, improve efficiency of the insurance process, and increase household resilience to respond to external shocks while ensuring stability, growth, and sustainability of agricultural value chains. Technology has its shortcomings, and the use of digital tools alone will not be sufficient to increase access to affordable, quality agricultural insurance for smallholder farmers. However, when strategically and thoughtfully inserted into existing Feed the Future programs, technology has the potential to accelerate and amplify USAID investments in sustainable agriculture and food security."
"This report sets out to evaluate the role that accelerators — organizations that provide capacity-building support to early-stage startups to help them scale their companies and attract investment — can play in addressing the gender financing gap. To determine this, we turned our attention to two primary questions, with a specific focus on startups in emerging markets: what is the gender financing gap pre- and post-acceleration, and what factors explain the gap? What strategies could accelerators employ to address the gender financing gap?"
"Opportunity-driven entrepreneurs generate much of Africa's employment, income and hope for a better future. But how are these companies progressing over time? This question is answered in the VC4Africa 2015 Venture Finance in Africa report.
This report captures the performance of ventures listed on the Venture Capital 4 Africa online platform and highlights the activity of investors' part of the network. As the community continues to grow, it is expected this yearly report will lend insights into what is happening across the larger startup space. The report breaks down insights across 5 indicators: employment, performance, investments, investors and ecosystem."
"This report stems from a point of view shared by Toniic and Shell Foundation: that venture philanthropists and impact investors actively collaborating can increase the amount of impact investment capital into early-stage impact enterprises. The objective of this report is to provide a practical and user-friendly guide primarily for impact investors to encourage them to deploy their investment capital directly or indirectly (via financial intermediaries and funds) into impact enterprises at an earlier stage. In particular, we have targeted individual investors and family offices."
"This report summarizes a more comprehensive assessment undertaken in 2017 which examined the characteristics of women-led, small and growing businesses (SGBs) in Mexico. Aimed at understanding Mexico's current entrepreneurial ecosystem and the financial and non-financial barriers facing female entrepreneurs, the assessment offered recommendations for how different actors can support women entrepreneurs. Available to a wide audience as a learning report, this summary assessment contributes valuable insights into how a broader set of actors implementing services and programmes for women entrepreneurs can improve their support to women in their entrepreneurship endeavours in Mexico and beyond."
"We’ve written this guide for charities who seek to evaluate their work, or measure their impact. Measuring means using data and evidence, both quantitative and qualitative, to gain useful insights about your charity’s work. It’s about understanding whether your project or service made a difference in people’s lives. If yes, how so? If not, why not?
This guide follows on from our Theory of change in ten steps, which we want you to use as the basis of your measurement framework. We explain how to turn your theory of change into a plan for measurement, the five types of data you will need to pay attention to, and how to prioritise what to measure. Finally, we’ve included seven mini-guides below looking closer at specific aspects of evaluation."
"This report, designed for international development organizations, governments, and financial institutions, does the following: 1) highlights the key barriers facing women-led small enterprises across the developing world; 2) identifies how hidden gender and ethnic biases impact the growth of women-led businesses; 3) presents the results of a pilot case study in Guatemala inspired by a novel methodology, first applied to mortgage lending in the United States, that seeks to test for bias in bank-lending decisions for small enterprises; and 4) provides recommendations for policymakers and financial institutions on how this methodology can be applied in developing countries."
"This report was published as part of an interest in expanding knowledge and contribution to create a more enabling environment for inclusive business. The intentions of this are: firstly, to illustrate how the consideration of BoP communities exclusively through their income levels is limiting and can be misleading for practitioners; and secondly, to develop a series of recommendations to governments and public institutions on how to create an enabling environment for inclusive business models."