Staff View: Financial Sector Policy Note : Financing Small and Medium-Sized Businesses in Burkina Faso

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Financial Sector Policy Note : Financing Small and Medium-Sized Businesses in Burkina Faso

As in other Sub-Saharan African countries, small and medium-sized enterprises (SMEs) represent the vast majority of firms operating in the private sector in Burkina Faso. Private sector-led growth is a major element of Burkina Faso's poverty r...

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Bibliographic Details
Main Authors:	Soubeiga, Sidiki, Strauss, Jeremy
Language:	English en_US
Published:	World Bank, Washington, DC 2014
Subjects:	ACCESS TO CREDIT ACCESS TO FINANCE ACCOUNT MANAGEMENT ACCOUNTING AGRICULTURAL SECTORS ALTERNATIVE SOURCES OF FINANCING ANTI-MONEY LAUNDERING APPROVAL PROCESSES BAD CREDIT BALANCE SHEET BALANCE SHEETS BANK BRANCHES BANK GUARANTEES BANK LENDING BANK LOANS BANKING INDUSTRY BANKING RELATIONSHIP BANKING SECTOR BANKING SYSTEM BANKRUPTCY BANKRUPTCY LAWS BANKS BANQUE CENTRALE DES ETATS DE L'AFRIQUE DE L'OUEST BANQUE DE FRANCE BOARDS OF DIRECTORS BORROWER BORROWING BUSINESS CREDIT BUSINESS OWNER BUSINESS OWNERS BUSINESS PLAN BUSINESS PLANNING BUSINESS PLANS BUSINESS SUPPORT CAPITAL ADEQUACY CAPITAL LOANS CAPITAL REQUIREMENT CAPITAL REQUIREMENTS CASH MANAGEMENT CHECKING ACCOUNTS COLLATERAL COLLATERAL REQUIREMENTS COMMERCIAL BANKS CONSOLIDATION CONTRACT ENFORCEMENT CONTRACTUAL SAVINGS CONTRACTUAL SAVINGS INSTITUTIONS COST OF CREDIT CREDIT APPLICATION CREDIT APPLICATIONS CREDIT BUREAUS CREDIT CARDS CREDIT COOPERATIVES CREDIT DECISIONS CREDIT GUARANTEES CREDIT HISTORY CREDIT INFORMATION CREDIT INFORMATION SYSTEMS CREDIT LINE CREDIT LINES CREDIT MECHANISMS CREDIT PORTFOLIOS CREDIT PRODUCTS CREDIT PROGRAMS CREDIT RATING CREDIT RATIONING CREDIT REGISTRIES CREDIT REGISTRY CREDIT RISK CREDIT RISK MANAGEMENT CREDIT RISKS CREDITORS CREDITS CURRENCY EXCHANGE CURRENT ACCOUNT DEBT DEMAND FOR CREDIT DEPOSIT DEPOSITS DEVELOPMENT BANK DIRECTED CREDIT DIVERSIFICATION DOCUMENTATION REQUIREMENTS ECONOMIC DEVELOPMENT ECONOMIC GROWTH ECONOMIC REFORM ELECTRONIC BANKING EMPLOYEE EMPLOYMENT ENTERPRISE DEVELOPMENT ENTREPRENEURIAL CAPACITIES EQUIPMENT PURCHASES EQUITY CAPITAL EXCHANGE RATE EXPENDITURES EXPORT EARNINGS EXTERNALITIES FACTORING FINANCES FINANCIAL ASSETS FINANCIAL CAPACITY FINANCIAL INFRASTRUCTURE FINANCIAL INSTITUTION FINANCIAL INSTITUTIONS FINANCIAL LITERACY FINANCIAL PLANNING FINANCIAL PRODUCTS FINANCIAL SECTOR DEVELOPMENT FINANCIAL SECTOR POLICY FINANCIAL SERVICE FINANCIAL SERVICE PROVIDERS FINANCIAL SERVICES FINANCIAL SERVICES PROVIDERS FINANCING NEEDS FIXED COSTS FOREIGN EXCHANGE FORMAL FINANCIAL INSTITUTION GOVERNMENT SECURITIES GUARANTEE REQUIREMENTS HIGH INTEREST RATE HIGH INTEREST RATES HUMAN RESOURCE MANAGEMENT INCOME TAX INFLATION INFORMATION TECHNOLOGY INSURANCE INTEREST RATE INTEREST RATES INTEREST SUBSIDIES INTERNATIONAL FINANCE INVESTMENT PLANS JOB CREATION LACK OF COLLATERALS LACK OF INFORMATION LENDER LENDERS LENDING DECISION LENDING DECISIONS LENDING INSTITUTIONS LENDING PORTFOLIOS LIQUID ASSETS LOAN LOAN AMOUNT LOAN AMOUNTS LOAN APPLICATIONS LOAN APPROVALS LOAN CLASSIFICATION LOAN DECISION LOAN MATURITY LOAN OFFICERS LOAN PORTFOLIO LOAN PORTFOLIOS LOAN PRODUCTS LOAN RECOVERY LOAN SIZE LOANS TO BUSINESSES LOCAL LAWS MANDATES MARKET ENTRY MARKETING STRATEGY MFI MFIS MICRO FINANCE MICRO FINANCE INSTITUTIONS MICROCREDIT MICROFINANCE MICROFINANCE INSTITUTIONS MORAL HAZARDS MORTGAGES MOVABLE COLLATERAL NET WORTH NONPERFORMING LOANS OPERATING RATIO OUTSTANDING LOAN OVERDRAFTS PARTIAL CREDIT PAYBACK PERIOD PAYMENT SERVICES PAYMENTS SERVICES PENSION FUNDS PRIVATE BANKS PRIVATE CREDIT PRODUCTIVITY PROFITABILITY PROVIDERS OF CREDIT PROVISION OF CREDIT PRUDENTIAL REGULATIONS PUBLIC AGENCIES PUBLIC FUNDS PUBLIC INVESTMENT REAL ESTATE REAL ESTATE AS COLLATERAL REGULATORY FRAMEWORK REORGANIZATION RETAIL BANKING RETURN ON EQUITY RISK OF DEFAULT RISK TAKING SAVINGS ACCOUNTS SMALL BANKS SMALL BUSINESSES SMALL ENTERPRISES SOCIAL SECURITY SPECIALIZED BANKS SUPPLY CHAIN TECHNICAL ASSISTANCE TERM CREDIT TIME DEPOSITS TRADE FINANCING TRANSPORT UNFAIR COMPETITION URBAN AREAS WAREHOUSE WAREHOUSE RECEIPTS WAREHOUSES WORKING CAPITAL
Online Access:	http://documents.worldbank.org/curated/en/2013/11/19456110/financial-sector-policy-note-financing-small-medium-sized-businesses-burkina-faso http://hdl.handle.net/10986/18696