This impact report aims to measure the extent to which the Loans for Growth (LFG) fund meets its objectives to foster job creation, employment and entrepreneurship in emerging and frontier markets through SME finance.
The current report is the first in a series of four annual impact reports, which follow a sample of enterprises financed by the LFG fund in 12 low- and middle-income countries in 2017.

In addition to illustrating the outreach of the total LFG portfolio, it provides insights into the characteristics of the SMEs in terms of employment, access to finance, assets, financial performance and challenges faced.