completed · Livelihoods
WCS - NIC Asia Bank Nepal
The Project is expected to increase access to working capital financing for SMEs in Nepal, which suffer from a significant gap between the current supply of finance and their demand for credit. Working capital is necessary for SMEs to finance their daily business operations, source supplies and pay employees. SME growth ultimately facilitates business growth, job creation and income generation, especially in key productive sectors of the Nepalese economy. The financing will also support key industries, as the ultimate recipients of funds would include buyers of raw materials, processors and manufacturers that support growth.
Overview
About this project
The Project is expected to increase access to working capital financing for SMEs in Nepal, which suffer from a significant gap between the current supply of finance and their demand for credit. Working capital is necessary for SMEs to finance their daily business operations, source supplies and pay employees. SME growth ultimately facilitates business growth, job creation and income generation, especially in key productive sectors of the Nepalese economy. The financing will also support key industries, as the ultimate recipients of funds would include buyers of raw materials, processors and manufacturers that support growth.
Progress
0%- Plan
- Implementation
- Outcomes
Alignment