David Stevens

David Stevens

Name: David Stevens
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Challenge Entries

R4D addresses common SME lending program weaknesses by issuing low-cost, fixed-rate, local currency, long-term bonds in developing nations, attracting underinvested local pension funds (protected by a DFI guarantee) to increase financing capacity, downstreaming proceeds to dedicated SME lenders and reducing losses with substantial technical assistance. (http://sites.google.com/site/amfworld)