Innovation in SME

8th November 2023, Kathmandu

Invest for Impact Nepal, NPEA, and Nepal Bankers’ Association Collaborate to Foster Innovation in SME Financing

In a groundbreaking event hosted at the Radisson Hotel, Kathmandu, Invest for Impact Nepal, in collaboration with the Nepal Private Equity Association (NPEA) and the Nepal Bankers’ Association (NBA), convened a seminar titled “Innovation in SME Financing: What Can Nepal Do Better?” to address the critical role of small and medium-sized enterprises (SMEs) in Nepal’s economic development and the transformative potential of digitalization and innovation.

Innovation in SME Financing

The highlight of the event was a thought-provoking presentation by Dr. Matthew Gamser, the former founding CEO of the SME Financing Forum promoted by the International Finance Corporation (IFC). Dr. Gamser discussed innovative approaches to tackle Nepal’s SME financing challenges, shedding light on potential solutions to enhance economic growth.

Distinguished panel speakers, including Siddhant Raj Pandey, Chairman of NPEA, engaged in a comprehensive discussion on the prospects of digitizing the Nepali economy and the obstacles that stand in the way of realizing this vision. Their insights were invaluable in assessing the path forward for Nepal’s SME sector.

The event received an authoritative keynote address by the Honourable Governor, Mr. Maha Prasad Adhikari, underlining the significance of promoting innovation in SME financing for the nation’s economic prosperity.

SMEs in Nepal

The seminar generated critical discussions on the role of SMEs in Nepal’s economic landscape, showcasing the transformative potential of digitalization and innovation in driving progress and development. Stay tuned for more updates as Nepal takes bold steps towards a brighter economic future.


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