This indicator reflects the proportion of formally registered small enterprises, specifically those employing 5 to 19 workers, that have successfully secured financial support through loans or credit lines from recognized financial institutions, including banks, credit unions, microfinance entities, or cooperatives. Monitoring this percentage offers insights into the access and dependency of small businesses on external funding, which is critical for their growth and operational stability. A higher figure indicates a favorable economic environment where small firms can leverage financial resources for investment, innovation, and expansion. Conversely, a lower percentage may signal
challenges such as stringent lending criteria or insufficient financial literacy among small business owners, highlighting areas for policy intervention and support to foster entrepreneurial activity.
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