Voices of India’s MSME is a first of its kind effort that deep dives into the financial lives of MSMEs, with focus on the informal, non-agri segment across India. Through this study we will focus on policy environment, market environment, access to finance, digitization, business management and gender balance in entrepreneurship.
The study aims to aid policy makers, financial institutions, industry bodies and multilateral agencies in more informed decision making.
The Indian MSME eco-system has been a silent core that lacked a high-quality data system that captured MSME pain points, financial and operational health. This data becomes effective if it can be channelized into key feedback loops for necessary industry action and policy interventions.
Commissioned by Omidyar Network India and in partnership with the World Bank, MSC is putting up a pioneering effort to bridge the data gap in the informal enterprise sector in India. This effort, known as the ‘Voices of India’s MSMEs- informal enterprises’, will come up with various reports, technical notes, and interactive data dashboards to provide a credible and usable data source on informal enterprises that all the stakeholders can use to support the sector. One major output of this initiative will be the ‘State of Sector-Informal Enterprises’ report.
A vital component of this study is the Financial Diaries-based research on informal enterprises to develop a nuanced understanding of the financial practices and behaviours of the informal enterprises in India. We also cover the non-financial aspects like needs and desires of the entrepenuers. This nuanced data source, coupled with the data from the Informal Enterprises Survey of the World Bank, will form the base of the data source that we are creating.
Stay tuned to catch the insights as we deliver technical notes, blogs, State of the Sector report, and much more!
Bridging the Credit gap for MSMEs: Gaps in access and solutions to bridge the gap
The report focuses on gaps in access to credit for MSMEs in India and presents supply-side solutions to bridge this gap.
Agricultural finance for sustainable development, expanding agricultural market opportunities & promotion of disadvantaged small farmers and MSMEs
This paper analyses the role of financing in the sustainable development of agriculture with a focus on disadvantaged farmers and MSMEs. Apart from agriculture finance, which is touched upon, this paper focusses on agriculture value chain finance and its benefits for smallholders as also for MSMEs.
Design Considerations for Credit Scorecard for MSME Financing
One of the major challenges faced by MSMEs is the lack of access to finance. Through this paper, we suggest a fresh approach by introducing simple but effective credit scorecard.
Can the often-criticized P2P FinTech platforms in Indonesia solve the lack of diversity in MSME loan programs?
To help the MSME sector recover from the pandemic, the Government of Indonesia (GoI) has budgeted IDR 123 trillion (USD 8.4 billion) as part of the National Economic Recovery Program (Program Pemulihan Ekonomi Nasional). This blog highlights the opportunities and steps needed for FinTech platforms to support the economic recovery efforts of GoI.
Can digital approaches enable better access to formal financial services to MSMEs?
Financial institutions have a clear opportunity to enhance access to formal financial services for MSMEs. Let us examine from this blog whether digital approaches can give the needed access to MSMEs.
MSME Financing: An opportunity for banks and MFIs
In this video, Manoj K Sharma, Director, MicroSave presents the business case and market opportunities for the banks and financial institutions to focus on the underserved MSMEs (Micro, Small and Medium Enterprises) markets. He highlights on the level of exclusion of MSMEs in terms of access to finance and compares it to large enterprises and […]
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