How is MBI improving access to finance through financial technology?
THE MEKONG BUSINESS INITIATIVE
MBI is a development partnership between the Asian Development Bank and the Government of Australia to accelerate growth in Cambodia, Laos, Myanmar, and Vietnam. MBI believes that catalysing sustainable business growth in the Mekong region will require innovation, flexibility, and a willingness to take risks.
HOW WE WORK
Government policies that support business reform and enable commercial environments are in critical need of private sector voices. We partner with enterprises to advise governments to formulate policies that encourage entrepreneurship.
Access to Finance
Traditional banking services to the lower income population are often limited or unavailable. We collaborate with financial service providers on exploring opportunities of alternative finance, including venture capital, angel investment, and fintech.
Support for Innovation
Young entrepreneurs in the region are becoming more and more important, and they are the key to unlocking the region’s innovation potential. We promote business incubators and accelerators, pilot innovative business models, and increase knowledge.