On October 27, 2010, the judges reviewed entries for the Changemakers G-20 SME Finance Challenge competition and would like to pass on the following feedback for your entry (below). Thank you for applying and for your hard work in the field. We are excited to archive your entry to serve as a leading solution for the worldwide community of innovators. We wish you continued luck with your innovative, sustainable, and socially impactful initiatives.
All the best,
The Changemakers Team
This model is both innovative and scalable. Providing a currency-neutral vehicle for lenders is a great way to give SMEs access to finance, and the proposal is specific and clear.
The proposal presents realistic steps needed to reach sustainability, and with local capacity this is something that will definitely help SMEs and banks. There is some concern that the model is exposed to risk, particularly during “fat tail” events. It would be great to hear more about how the program will catalyze the private sector.
Comments
On October 27, 2010, the judges reviewed entries for the Changemakers G-20 SME Finance Challenge competition and would like to pass on the following feedback for your entry (below). Thank you for applying and for your hard work in the field. We are excited to archive your entry to serve as a leading solution for the worldwide community of innovators. We wish you continued luck with your innovative, sustainable, and socially impactful initiatives.
All the best,
The Changemakers Team
This model is both innovative and scalable. Providing a currency-neutral vehicle for lenders is a great way to give SMEs access to finance, and the proposal is specific and clear.
The proposal presents realistic steps needed to reach sustainability, and with local capacity this is something that will definitely help SMEs and banks. There is some concern that the model is exposed to risk, particularly during “fat tail” events. It would be great to hear more about how the program will catalyze the private sector.
Post new comment