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- W1933922897 abstract "International Finance Corporation (IFC) surveyed 34 banks in 25 countries in all six regions, which account for about 10 percent of financial markets department Million Micro, Small, and Medium-Size Enterprises (MSMEs) reach reporting portfolio. This note compares firm-level employment data with IFC's definition of MSMEs. It also summarizes findings on jobs provided by the Small Medium Enterprises (SMEs) surveyed and estimates the jobs provided by MSMEs financed through IFC's network of client financial institutions worldwide, using a portfolio extrapolation method. The medians for employment were lower than the averages for each loan size bucket, showing that most enterprises are much smaller than the average shows. The medians represent the underlying characteristics of the supported enterprises better because they minimize the effects of outliers. This analysis assumes that one loan represents one firm and does not account for double counting if firms have multiple loans from the same or other financial institutions. Based on the total MSMEs reached, an estimated 80-202 million jobs were provided with a median estimated employment of 106 million jobs. The 3.3 million SMEs employed about 60 million or 56 percent of the workers, while the 20 million micro firms provided 46 million (44 percent)." @default.
- W1933922897 created "2016-06-24" @default.
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- W1933922897 date "2013-01-01" @default.
- W1933922897 modified "2023-09-26" @default.
- W1933922897 title "Measuring jobs from micro, small, and medium-size enterprises financed by IFC client financial institutions" @default.
- W1933922897 hasPublicationYear "2013" @default.
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