This is a global problem, and we see that in the Asia-Pacific region as well. In some countries of our region, there have been initiatives to create avenues for small and medium enterprises to obtain credit without excessive scrutiny or discrimination by financiers or credit providers.
This is done with the backing of governments by enabling the establishment of financial institutions that accommodate and target small and medium enterprises. In economies where the supply of credit is limited, linkage with banks and credit supplementation institutions is the solution.