The role of the finance and related services is vital to the market. The performance of enterprises is heavily influenced by the situation of the financial market, both the policies and regulations around it, and also the specific services that are available. For example, it can affect the ease of applying for a loan; it can influence the degree of investment into the sector.
Swisscontact works in the area to create access to local financial service providers who offer credit, savings, leasing and insurance products. Thus programs are devised to network between the stakeholders and/or beneficiaries with different financial institutions in order to create better access to relevant financial services.
Swisscontact focuses in working on financial services through:
• Improving access to financial services for private sector and beneficiaries of the programs
• Improving the policies regarding issues that hamper the competitiveness of the industry
• Strengthening the interfaces between private sector, SMEs with the financial institutions
• Facilitating the development of financial services that would be relevant to the needs of the market