Throughout the emerging market world, small businesses drive job creation, but often lack access to finance, effective business support, and tailored capacity building. To address this challenge, FSVC provides technical assistance to all the stakeholders of the entrepreneurial ecosystem. FSVC helps banks and non-bank financial institutions diversify financing options; business support organizations strengthen their services; and small businesses enhance their capabilities in financial management, operations, marketing, and more. Additionally, FSVC provides technical assistance to government institutions to foster a regulatory environment that is supportive of small businesses.
Key FSVC indicators from 2006 to present:
29
Countries Served
815
Projects Completed
1,360+
Volunteers Deployed
20,780
People Impacted
$14,509,840
Donated Services
East & Southeast Asia
South America
South & Central Asia
Sub-Saharan Africa
Key Accomplishments
- Iraq: FSVC trained a cohort of local business coaches in financial management, startup financing, and communication mentoring for small businesses. The cohort is now creating a local business association to enhance service provision to small businesses. Several coaches have already used FSVC workshop materials to train and coach over 200 local business owners.
- Tunisia: FSVC helped to operationalize the Ministry of Industry’s Small Business Restructuring Support Fund, resulting in the disbursement of $11 million to small businesses.
- Egypt: FSVC built the capacity of the Egyptian Social Development Fund to disburse over $70 million in funds to more than 77,500 small businesses.
01
Combating Money Laundering & Terrorist Financing
Combating Money Laundering & Terrorist Financing
Assist countries in thwarting criminal activities and protecting the savings of citizens and their businesses.
02
Strengthening Regulation & Supervision
Strengthening Regulation & Supervision
Build the capacity of central banks and regulatory agencies to promote a sound and competitive financial sector.
03
Promoting Capital Markets Development
Promoting Capital Markets Development
Deepen capital markets and their supervision to create greater financing and investment opportunities.
04
Expanding Commercial Banking
Expanding Commercial Banking
Strengthen the capacity of banks to provide the credit and services that drive development and economic growth.
05
Strengthening Public Financial Management
Strengthening Public Financial Management
Help governments better manage resources to provide citizens with infrastructure and services.