Progressive access to finance and support to encourage enterprise formalization: experiences from Egypt and Chile

Fuente: Organización Internacional del Trabajo (OIT)
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Bibliographic Details
Main Authors: Amelie Duval, Kareem Bayo, Judith van Doorn
Format: Entrada de enciclopedia
Published: International Labour Organization 2021
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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