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We assist our clients in forming adequate risk model /s for their financial transactions, which include :
Exposure to FX, interest rates and commodity prices
Advice on insurance, self-insurance treasury or hedging
Managing processes and mitigates Inherent Business Risk
With the use of most modern tools of risk measurement like Value at Risk (VaR), we provide complete Asset Management Services and ensure an optimum level of risk measure to our clients.
For more information – check www.castoncorporateadvisory.in or contact on Caston Corporate Advisory Services: 6 / 5, Didar House Building, DLF Industrial Area, Moti Nagar New Delhi-110015 (India) Ph.:+91-11-25161294
For small businesses in the processing sector, getting international orders is a big win. In Ethiopia, as part of EIF's partnership with the government, select businesses were sent to international trade fairs like Gulfood in Dubai - the world's largest food trade exhibition.
Tewodros Yilma's Alpha Trading Partners was one of them, and there he secured orders that have helped his business grow. Alpha Trading's processing facility is outside Addis Ababa in Adama, where he employs approximately 40 people.
www.enhancedif.org/en/country-profile/ethiopia
©Fernando Castro/EIF
If you use one of our photos, please credit it accordingly and let us know. You can reach us through our Flickr account or at EIFCommunications@wto.org
To learn more, visit our website www.enhancedif.org
Beneficiaries from the project "Supporting resilience of Lao MSMEs in response to COVID-19" in various sectors and businesses, Lao People's Democratic Republic. ©ILO/Phoonsab Thevongsa.
More information on the Supporting resilience of Lao MSMEs in response to COVID-19 project: www.ilo.org/asia/projects/WCMS_778424/lang--en/index.htm
This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivs 3.0 IGO License. To view a copy of this license, visit creativecommons.org/licenses/by-nc-nd/3.0/igo/deed.en_US.
Beneficiaries from the project "Supporting resilience of Lao MSMEs in response to COVID-19" in various sectors and businesses, Lao People's Democratic Republic. ©ILO/Phoonsab Thevongsa.
More information on the Supporting resilience of Lao MSMEs in response to COVID-19 project: www.ilo.org/asia/projects/WCMS_778424/lang--en/index.htm
This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivs 3.0 IGO License. To view a copy of this license, visit creativecommons.org/licenses/by-nc-nd/3.0/igo/deed.en_US.
Beneficiaries from the project "Supporting resilience of Lao MSMEs in response to COVID-19" in various sectors and businesses, Lao People's Democratic Republic. ©ILO/Phoonsab Thevongsa.
More information on the Supporting resilience of Lao MSMEs in response to COVID-19 project: www.ilo.org/asia/projects/WCMS_778424/lang--en/index.htm
This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivs 3.0 IGO License. To view a copy of this license, visit creativecommons.org/licenses/by-nc-nd/3.0/igo/deed.en_US.
From left to right: Mr. Geoffrey Sengendo, Head, Technical Services: RCDF, Uganda Communications Commission (UCC) and Hon. Nyombi Thembo, Director for the Rural Development Fund (RCDF), Uganda Communications Commission (UCC)
ITU Telecom World 2019
©ITU/ZSIGMOND LASZLO
www.smebanking.club/commercial-banks-vs-micro-finance-banks/
The level of commercial bank funding in Nigeria to MSME s over the years has dropped from a high of 46 % of their total loan portfolio in 1992 to less than 1 % in 2012. It seems that some of this slack has been picked up by micro finance institutions. Following the guidelines for microfinance in Nigeria, there was a proliferation of players in that space such that there are currently over 800 micro finance banks in the country today. Whilst commercial banks’ lending to MSMEs have dropped, lending by microfinance banks has grown exponentially.
The microfinance institutions have devised some strategies to penetrate this segment of the market, and perhaps the commercial banks can learn a thing or two from these micro finance banks about reaching those at the bottom of the pyramid.
1. Commercial banks must realise that a large percentage of micro entrepreneurs in Nigeria are involved In the Agriculture value chain. So they require prompt financing to coincide with the seasonality of the commodities they deal with. This presupposes an understanding of those commodities by the potential lender. Microfinance banks seem to have built considerable knowledge of the businesses that they finance. Often times, banks jump into sectors they don’t understand, – a sort of herd mentality- and invariably they lose money. If commercial banks want to serve this segment profitably, they need to get involved in what most of them are involved in- the agricultural value chain.
Most small business owners don’t require bankers in the strict sense of it, rather they require partners. The micro finance bank loan officers visit the borrowers every week, at their market place and in their homes. They know their children, they know their borrowers customers, and they know their buying and selling patterns. Commercial banks must move KYC beyond mere filling of forms, but must really strive to know their customers, especially the micro and small businesses.
Every business, especially small businesses requires funds that are able to comfortably cover their cost of operations and earn a decent profit. There is no point earning interest income and making the borrowers bankrupt in the process. This proposition would not be sustainable for the bank or the customer. Whilst a number of people have criticised the micro finance model of charging interest on a monthly basis, they have devised means whereby the borrowers are able to pay back without really feeling the interest burden by spreading it out over a period.
Micro finance banks realise that every sector’s client base is different. So, they design products that cater to the peculiar needs of women, traders, fishermen, farmers, e.t.c. They take product development very seriously as that is what will differentiate them from their larger competitors. Commercial banks must go beyond tweaking the traditional current and savings account products and devise products that address individual groups and sectors.
Microfinance banks have also created value to themselves and potential borrowers through the cooperative based lending model. This model has a number of advantages; firstly, it reduces their cost of administration and monitoring, because they are able to bunch intending customers into one group overseen by a loan officer.
Secondly, it offers an inbuilt repayment mechanism, because each member of the cooperative group acts as a check on the other borrowers.
Another area where commercial banks can learn from micro finance banks is in the area of business support services. For most micro finance bank borrowers, they are not given loans on the first day of applying. They have to go through some sort of business development training. The micro finance banks pair these potential borrowers to business trainers; they attend weekly meetings where they learn things like book keeping, marketing, e.t.c. The micro finance banks don’t view this expense as a cost, but as an investment into the future repayment capacity of the borrowers. Their philosophy is that lending to this segment of the society must go hand in hand with business development training.
Of course, there are also areas that microfinance institutions can learn from commercial banks as they seek to profitably serve the bottom of the pyramid.
The most important thing though is for both set of institutions to realise that they need to work together and not against each other in order to share information, share experiences, finance joint customers and perhaps share infrastructure to bring down the overall cost of lending to this segment.
The MSME segment is arguably the most important in the economy for the potential they have to create jobs, increase wealth formation and lift many out of poverty. Institutions In the financial service industry must continue collaborating to profitably serve this segment.
Author: Oguche Agudah
Source: BusinessDayOnline.com
National Vendor Development Program-cum-Industrial Exhibition
2nd & 3rd December 2015, Okhla, New Delhi
An amazing opportunity for all to showcase Solar & LED Products and Services to the World!
@ Nehru Institute of Engineering & Technology - NGI Coimbatore.
The workshop includes multi sessions for strategic key ideas, innovative entrepreneurship and creating enterprises. Technology Business incubation for unique combination of business development processes, infrastructure and students. To initiate incubation activities in Technology Business Centre to facilitate technology commercialization.
Chief Guest for the workshop is Shri. Sathesh Kumar, Deputy Director, Ministry of MSME, Coimbatore.
Field visit to MSMEs During the Land Finance Hub Use and Registration Training at Pasuruan with Formekers Pasuruan (Forum for Furniture, Crafts, and Arts), 11 November 2022.
Photo by Perdana Putra/CIFOR-ICRAF
If you use one of our photos, please credit it accordingly and let us know. You can reach us through our Flickr account or at: cifor-mediainfo@cgiar.org
Beneficiaries from the project "Supporting resilience of Lao MSMEs in response to COVID-19" in various sectors and businesses, Lao People's Democratic Republic. ©ILO/Phoonsab Thevongsa.
More information on the Supporting resilience of Lao MSMEs in response to COVID-19 project: www.ilo.org/asia/projects/WCMS_778424/lang--en/index.htm
This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivs 3.0 IGO License. To view a copy of this license, visit creativecommons.org/licenses/by-nc-nd/3.0/igo/deed.en_US.
Beneficiaries from the project "Supporting resilience of Lao MSMEs in response to COVID-19" in various sectors and businesses, Lao People's Democratic Republic. ©ILO/Phoonsab Thevongsa.
More information on the Supporting resilience of Lao MSMEs in response to COVID-19 project: www.ilo.org/asia/projects/WCMS_778424/lang--en/index.htm
This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivs 3.0 IGO License. To view a copy of this license, visit creativecommons.org/licenses/by-nc-nd/3.0/igo/deed.en_US.
Ms. Tomoko Nishimoto, Assistant Director-General and Regional Director for Asia and the Pacific, ILO and Mr. Sanjay Bhatia, Managing Director, Hindustan Tin Works Ltd; President, All India Organisation of Employers (AIOE) and President, FICCI Confederation of MSME, signed the Phase II of the Memorandum of Understanding (MoU) for cooperation in establishing a 'National Coordination Centre
for Sustaining Competitive and Responsible Enterprises (SCORE) Training Services in India' on 5th August 2015 in New Delhi, India.
This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivs 3.0 IGO License. To view a copy of this license, visit creativecommons.org/licenses/by-nc-nd/3.0/igo/deed.en_US.
© ILO
This photo is part of the initiatives taken through ILO Project on "Sustaining Competitive and Responsible Enterprises" (SCORE) in India. SCORE is a practical training and in-factory counseling programe by the ILO that improves productivity and working conditions in small and medium enterprises (SMEs). For more details visit: www.ilo.org/newdelhi/whatwedo/projects/WCMS_417002/lang--...
Photos from this photo gallery may be reproduced provided attribution is given to the WTO and the WTO is informed. Photos: ©WTO/Loris von Siebenthal
There is no shortage of options for businesses wishing to raise funds, but selecting the optimal structure is challenging. Raising finance to fund expansion plans means examining a wide range of issues and answering a complex set of questions. Our Team can enhance value through the delivery of strategic advice and execution services to corporations who seek value-enhancing solutions that complement their growth strategies
Structured Finance / Debt Syndication:
Debt is a major contributor to the wealth of an investor. The subsidies of debt help a business to survive and grow. In various industries, infusion of debt only creates the rationale to do that business.
At Caston Corporate Advisory, we are involved in advising corporations on the appropriate mode and structure of debt to be raised. We can be useful in capital Market transactions where the company is looking for the most suitable form of finance from the complex funding options available.
We are experienced in organizing transactions involving:
oSupplier and vendor finance (Bill Discounting)
We help in making clear analysis of the fund raising options available and provide an insight of the most efficient strategy to follow for long term benefit. We are also experienced in handling:
oCommercial Papers
onon-convertible debenture issues
oOther exchange traded debentures
Private Equity:
Companies seek Private equity when they:
Need Start-up capital: Various talented professionals do not require capital in developing a product or a technology but it needs funds to commercialize them. We help such talented pool of professionals in gaining that edge which can help them in reaching to their ultimate goal. We have access to various venture capitalists and angels who would want to invest in new ideas and take them many steps forward.
Are over leveraged: At times organizations have the potential to grow, but the leverage ratios turn unfriendly. We help such organizations raise Private Equity, and gain further access to debt to ensure a rational capital structure and its efficient management.
Looking to grow inorganically: Organizations need bigger capital to grow inorganically, we have the expertise to advice companies who are on an acquisition spree and also arrange capital to execute the takeover.
Need capital without involving outside operational managers: Some organizations are takeover friendly and are always looked at by competitors as their target. We can help such companies in acquiring private capital thus providing them a strong defense (in the form of a strong investor) against a possible takeover by the competitor and also facilitating independent operations as usual.
Our Corporate consultants advise on the timing, and strategy for infusing Private Equity.
For more information – check www.castoncorporateadvisory.in or contact on Caston Corporate Advisory Services: 6 / 5, Didar House Building, DLF Industrial Area, Moti Nagar New Delhi-110015 (India) Ph.:+91-11-25161294
Beneficiaries from the project "Supporting resilience of Lao MSMEs in response to COVID-19" in various sectors and businesses, Lao People's Democratic Republic. ©ILO/Phoonsab Thevongsa.
More information on the Supporting resilience of Lao MSMEs in response to COVID-19 project: www.ilo.org/asia/projects/WCMS_778424/lang--en/index.htm
This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivs 3.0 IGO License. To view a copy of this license, visit creativecommons.org/licenses/by-nc-nd/3.0/igo/deed.en_US.
Beneficiaries from the project "Supporting resilience of Lao MSMEs in response to COVID-19" in various sectors and businesses, Lao People's Democratic Republic. ©ILO/Phoonsab Thevongsa.
More information on the Supporting resilience of Lao MSMEs in response to COVID-19 project: www.ilo.org/asia/projects/WCMS_778424/lang--en/index.htm
This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivs 3.0 IGO License. To view a copy of this license, visit creativecommons.org/licenses/by-nc-nd/3.0/igo/deed.en_US.
Beneficiaries from the project "Supporting resilience of Lao MSMEs in response to COVID-19" in various sectors and businesses, Lao People's Democratic Republic. ©ILO/Phoonsab Thevongsa.
More information on the Supporting resilience of Lao MSMEs in response to COVID-19 project: www.ilo.org/asia/projects/WCMS_778424/lang--en/index.htm
This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivs 3.0 IGO License. To view a copy of this license, visit creativecommons.org/licenses/by-nc-nd/3.0/igo/deed.en_US.
WIPO Director General Daren Tang (right) met on June 14, 2022, with Vilma Arbaje, Vice-Minister of Industry, Commerce, and MSMEs of the Dominican Republic.
Mr. Tang thanked the Vice-Minister for the country’s hospitality as host of the recent VII Ministerial Meeting for Central America and the Caribbean. They also discussed bilateral cooperation to support intellectual property (IP) commercialization, IP training for diplomats and trade officials, as well as exploring new ways of reaching women, youth, SMEs and others, including in high growth areas such as the software and video games industries.
Copyright: WIPO. Photo: Emmanuel Berrod. This work is licensed under a Creative Commons Attribution 4.0 International License.
The first training programme will be held in the Kalutara district targeting government officers who work with the MSME sector. The programme was held on the 10th December in the Garden Beach Hotel, Kalutara.
Beneficiaries from the project "Supporting resilience of Lao MSMEs in response to COVID-19" in various sectors and businesses, Lao People's Democratic Republic. ©ILO/Phoonsab Thevongsa.
More information on the Supporting resilience of Lao MSMEs in response to COVID-19 project: www.ilo.org/asia/projects/WCMS_778424/lang--en/index.htm
This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivs 3.0 IGO License. To view a copy of this license, visit creativecommons.org/licenses/by-nc-nd/3.0/igo/deed.en_US.
@ Nehru Institute of Engineering & Technology - NGI Coimbatore.
The workshop includes multi sessions for strategic key ideas, innovative entrepreneurship and creating enterprises. Technology Business incubation for unique combination of business development processes, infrastructure and students. To initiate incubation activities in Technology Business Centre to facilitate technology commercialization.
Chief Guest for the workshop is Shri. Sathesh Kumar, Deputy Director, Ministry of MSME, Coimbatore.
From left to right: Mr. Geoffrey Sengendo, Head, Technical Services: RCDF, Uganda Communications Commission (UCC); Hon. Nyombi Thembo, Director for the Rural Development Fund (RCDF), Uganda Communications Commission (UCC); Mr. John Omo, Secretary-General, African Telecommunications Union; Mr. Daniel Vincz, Global Ambassador, INPUT Program; Mr. Christopher Clark, Head, Membership and Partner Relations, International Telecommunication Union
ITU Telecom World 2019
©ITU/ZSIGMOND LASZLO
Beneficiaries from the project "Supporting resilience of Lao MSMEs in response to COVID-19" in various sectors and businesses, Lao People's Democratic Republic. ©ILO/Phoonsab Thevongsa.
More information on the Supporting resilience of Lao MSMEs in response to COVID-19 project: www.ilo.org/asia/projects/WCMS_778424/lang--en/index.htm
This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivs 3.0 IGO License. To view a copy of this license, visit creativecommons.org/licenses/by-nc-nd/3.0/igo/deed.en_US.
for those who can make sense of the precise ways of the struts and the plies, the warps and the wefts, the shuttle and the reeds, weaving remains a one of the most satiating crafts, an integral part of civilised evolution branching out into a silent expression of art…
it almost seems like a visualisation of mathematical integration, singular blocks of movement, all seemingly straight and linear, translating into a curve that one wonders how it could be conjured up by a large stubborn wooden contraption — an early beacon of industrialisation that would in time be subsumed into the folds of larger machinations… handloom factories of Kumaun… Haldwani, Uttarakhand, India
Beneficiaries from the project "Supporting resilience of Lao MSMEs in response to COVID-19" in various sectors and businesses, Lao People's Democratic Republic. ©ILO/Phoonsab Thevongsa.
More information on the Supporting resilience of Lao MSMEs in response to COVID-19 project: www.ilo.org/asia/projects/WCMS_778424/lang--en/index.htm
This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivs 3.0 IGO License. To view a copy of this license, visit creativecommons.org/licenses/by-nc-nd/3.0/igo/deed.en_US.
Beneficiaries from the project "Supporting resilience of Lao MSMEs in response to COVID-19" in various sectors and businesses, Lao People's Democratic Republic. ©ILO/Phoonsab Thevongsa.
More information on the Supporting resilience of Lao MSMEs in response to COVID-19 project: www.ilo.org/asia/projects/WCMS_778424/lang--en/index.htm
This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivs 3.0 IGO License. To view a copy of this license, visit creativecommons.org/licenses/by-nc-nd/3.0/igo/deed.en_US.
There is no shortage of options for businesses wishing to raise funds, but selecting the optimal structure is challenging. Raising finance to fund expansion plans means examining a wide range of issues and answering a complex set of questions. Our Team can enhance value through the delivery of strategic advice and execution services to corporations who seek value-enhancing solutions that complement their growth strategies
Structured Finance / Debt Syndication:
Debt is a major contributor to the wealth of an investor. The subsidies of debt help a business to survive and grow. In various industries, infusion of debt only creates the rationale to do that business.
At Caston Corporate Advisory, we are involved in advising corporations on the appropriate mode and structure of debt to be raised. We can be useful in capital Market transactions where the company is looking for the most suitable form of finance from the complex funding options available.
We are experienced in organizing transactions involving:
oSupplier and vendor finance (Bill Discounting)
We help in making clear analysis of the fund raising options available and provide an insight of the most efficient strategy to follow for long term benefit. We are also experienced in handling:
oCommercial Papers
onon-convertible debenture issues
oOther exchange traded debentures
Private Equity:
Companies seek Private equity when they:
Need Start-up capital: Various talented professionals do not require capital in developing a product or a technology but it needs funds to commercialize them. We help such talented pool of professionals in gaining that edge which can help them in reaching to their ultimate goal. We have access to various venture capitalists and angels who would want to invest in new ideas and take them many steps forward.
Are over leveraged: At times organizations have the potential to grow, but the leverage ratios turn unfriendly. We help such organizations raise Private Equity, and gain further access to debt to ensure a rational capital structure and its efficient management.
Looking to grow inorganically: Organizations need bigger capital to grow inorganically, we have the expertise to advice companies who are on an acquisition spree and also arrange capital to execute the takeover.
Need capital without involving outside operational managers: Some organizations are takeover friendly and are always looked at by competitors as their target. We can help such companies in acquiring private capital thus providing them a strong defense (in the form of a strong investor) against a possible takeover by the competitor and also facilitating independent operations as usual.
Our Corporate consultants advise on the timing, and strategy for infusing Private Equity.
For more information – check www.castoncorporateadvisory.in or contact on Caston Corporate Advisory Services: 6 / 5, Didar House Building, DLF Industrial Area, Moti Nagar New Delhi-110015 (India) Ph.:+91-11-25161294
Beneficiaries from the project "Supporting resilience of Lao MSMEs in response to COVID-19" in various sectors and businesses, Lao People's Democratic Republic. ©ILO/Phoonsab Thevongsa.
More information on the Supporting resilience of Lao MSMEs in response to COVID-19 project: www.ilo.org/asia/projects/WCMS_778424/lang--en/index.htm
This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivs 3.0 IGO License. To view a copy of this license, visit creativecommons.org/licenses/by-nc-nd/3.0/igo/deed.en_US.
Beneficiaries from the project "Supporting resilience of Lao MSMEs in response to COVID-19" in various sectors and businesses, Lao People's Democratic Republic. ©ILO/Phoonsab Thevongsa.
More information on the Supporting resilience of Lao MSMEs in response to COVID-19 project: www.ilo.org/asia/projects/WCMS_778424/lang--en/index.htm
This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivs 3.0 IGO License. To view a copy of this license, visit creativecommons.org/licenses/by-nc-nd/3.0/igo/deed.en_US.
From left to right: Mr. Geoffrey Sengendo, Head, Technical Services: RCDF, Uganda Communications Commission (UCC); Hon. Nyombi Thembo, Director for the Rural Development Fund (RCDF), Uganda Communications Commission (UCC); Mr. John Omo, Secretary-General, African Telecommunications Union; Mr. Barnabás Csikós, Business Development Team Leader, INPUT Program; Mr. Christopher Clark, Head, Membership and Partner Relations, International Telecommunication Union
ITU Telecom World 2019
©ITU/ZSIGMOND LASZLO
@ Nehru Institute of Engineering & Technology - NGI Coimbatore.
The workshop includes multi sessions for strategic key ideas, innovative entrepreneurship and creating enterprises. Technology Business incubation for unique combination of business development processes, infrastructure and students. To initiate incubation activities in Technology Business Centre to facilitate technology commercialization.
Chief Guest for the workshop is Shri. Sathesh Kumar, Deputy Director, Ministry of MSME, Coimbatore.
Beneficiaries from the project "Supporting resilience of Lao MSMEs in response to COVID-19" in various sectors and businesses, Lao People's Democratic Republic. ©ILO/Phoonsab Thevongsa.
More information on the Supporting resilience of Lao MSMEs in response to COVID-19 project: www.ilo.org/asia/projects/WCMS_778424/lang--en/index.htm
This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivs 3.0 IGO License. To view a copy of this license, visit creativecommons.org/licenses/by-nc-nd/3.0/igo/deed.en_US.
From left to right: Hon. Nyombi Thembo, Director for the Rural Development Fund (RCDF), Uganda Communications Commission (UCC) and Mr. John Omo, Secretary-General, African Telecommunications Union
ITU Telecom World 2019
©ITU/ZSIGMOND LASZLO
Beneficiaries from the project "Supporting resilience of Lao MSMEs in response to COVID-19" in various sectors and businesses, Lao People's Democratic Republic. ©ILO/Phoonsab Thevongsa.
More information on the Supporting resilience of Lao MSMEs in response to COVID-19 project: www.ilo.org/asia/projects/WCMS_778424/lang--en/index.htm
This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivs 3.0 IGO License. To view a copy of this license, visit creativecommons.org/licenses/by-nc-nd/3.0/igo/deed.en_US.
Beneficiaries from the project "Supporting resilience of Lao MSMEs in response to COVID-19" in various sectors and businesses, Lao People's Democratic Republic. ©ILO/Phoonsab Thevongsa.
More information on the Supporting resilience of Lao MSMEs in response to COVID-19 project: www.ilo.org/asia/projects/WCMS_778424/lang--en/index.htm
This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivs 3.0 IGO License. To view a copy of this license, visit creativecommons.org/licenses/by-nc-nd/3.0/igo/deed.en_US.