Micro, small- and medium-sized enterprises are the economic backbone of many developing countries and emerging economies. The latest issue of the Connecting The Dots series from EBRD's Independent Evaluation Department is a deep dive into evaluation evidence on what makes SME financing effective.
The 8 evaluation lessons that emerged from the review of about 100 evaluations from other institutions, provide key insights into innovative financing, risk management and capacity building for SMEs, which is an integral part of EBRD’s work.