The Financial Access Initiative started conducting in-depth, diaries-style analyses on small firms in 2021, with studies in 7 countries....

We launched the Small Firm Diaries because after decades of work trying to help microenterprises to grow into small firms, there was...

To mark International Workers Day, we’re sharing findings and data we collected about employment and jobs in the Small Firm Diaries.

This chart displays data on account usage from our analysis of businesses in the first 4 countries we studied in the Small Firm Diaries—Colombia, Nigeria, Kenya, and Indonesia. Across these countries, we found that most of the small firms are “banked;” that is, the majority of firms in every country had a bank account and used it at least once. But far fewer used that account for the majority of their transactions. Instead, most firm owners still rely heavily on cash. While m