Progressive access to finance and support to encourage enterprise formalization: experiences from Egypt and Chile
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Organización Internacional del Trabajo (OIT)
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| Format: | Entrada de enciclopedia |
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International Labour Organization
2021
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| _version_ | 1874525391650029569 |
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| author | Amelie Duval Kareem Bayo Judith van Doorn |
| author_facet | Amelie Duval Kareem Bayo Judith van Doorn Amelie Duval Kareem Bayo Judith van Doorn |
| contents | Progressive access to finance and support to encourage enterprise formalization: experiences from Egypt and Chile Amelie Duval Kareem Bayo Judith van Doorn Making formalization financially attractive can be a strong incentive for entrepreneurs to gradually formalize their business. One way to do this, is by encouraging formalization through blended finance, where the size of loans is conditional on the gradual transition into the formal economy and where locally adapted formalization support such as training or information-sharing is provided. Making formalization easier and financially attractive can be implemented by financial service providers in the private and public sector, as shown in the two examples from Egypt and Chile. Case study (International Labour Organization. Enterprises Department), 1/2021, ILO publication.encyclopediaEntry |
| format | Entrada de enciclopedia |
| id | ilo_995218632902676 |
| institution | Organización Internacional del Trabajo (OIT) |
| publishDate | 2021 |
| publisher | International Labour Organization |
| spellingShingle | Progressive access to finance and support to encourage enterprise formalization: experiences from Egypt and Chile Amelie Duval Kareem Bayo Judith van Doorn Progressive access to finance and support to encourage enterprise formalization: experiences from Egypt and Chile Amelie Duval Kareem Bayo Judith van Doorn Making formalization financially attractive can be a strong incentive for entrepreneurs to gradually formalize their business. One way to do this, is by encouraging formalization through blended finance, where the size of loans is conditional on the gradual transition into the formal economy and where locally adapted formalization support such as training or information-sharing is provided. Making formalization easier and financially attractive can be implemented by financial service providers in the private and public sector, as shown in the two examples from Egypt and Chile. Case study (International Labour Organization. Enterprises Department), 1/2021, ILO publication.encyclopediaEntry |
| title | Progressive access to finance and support to encourage enterprise formalization: experiences from Egypt and Chile |
| url | https://researchrepository.ilo.org/esploro/outputs/encyclopediaEntry/Progressive-access-to-finance-and-support/995218632902676 |