Instead of distributing limited resources to all parts, it is better to apply them to areas which can optimize the returns and maximize the growth. (h)  SMEs’ access to finance  24. SMEs identify financing, especially medium to long-term finance, as their topmost obstacle to growth and investment.
According to the IFC-McKinsey study, close to 45 to 55 percent of the formal SMEs (11–17 million) in the emerging markets do not have access to formal institutional loans or overdrafts despite a need for one. The finance gap is far bigger when considering the micro and informal enterprises – 65–72 percent of all MSMEs (240–315 million) in emerging markets lack access to credit.