Recognizing that financial services are a key contributor to broad-based economic growth, Chemonics works with financial institutions to increase the availability and affordability of financial services for MSMEs, and underserved populations. We help financial institutions develop and improve micro-lending products, leasing, purchase order financing, mobile money, insurance, and savings products, and help them expand small and medium enterprise (SME) lending by utilizing Development Credit Authority credit guarantees. Chemonics also partners with host country government ministries, central banks, regulators, and other key institutions to develop appropriate financial sector policies and regulations as well as to establish capital markets, credit bureaus, and other key institutions that make up a country’s financial infrastructure.
Promoting Private Sector Employment in Lebanon
A stronger business environment for private enterprises in Lebanon will help increase employment opportunities for Lebanese citizens.
Assisting Armenia’s Elderly Population Through Pension Reform
Armenia is taking steps to improve social and economic protections for its elderly citizens.
Supporting Economic Development in Serbia
Serbia improved its economy by strengthening local economic administrative processes and by encouraging citizens to participate more actively in economic affairs.
Sequencing for Success in Blended Finance Solutions
For emerging markets, blended finance is the new cool kid on the block. It’s a tool that facilitates access to finance around the world, and it’s gaining momentum with the international development community. While articles discussing blended finance abound, development practitioners increasingly seek specific information about how to “do” blended finance. Chemonics and LixCap know…
Securing our Future: Partnerships for Youth
Getting the global economy on track to reap a demographic dividend, create prosperity, protect the planet, and eliminate extreme poverty will be difficult unless governments, international donors, businesses, and practitioners work together to harness the economic aspirations of youth. A recent study by the International Labour Organization shows that 13.6 percent of youth, or more…
A First Economic Step toward Gender Equality
In 2017, women around the world made up 47 percent of the formal workforce but only earned, on average, 77 percent of men’s earnings. These figures are critical in understanding the staggering inequalities present in the global workforce and the need to address gender inequality through an economic lens. Gender equity and economic empowerment are…