medium enterprises (SMEs) in Kenya. All participants in a business training program are offered training. One-third of … delay between training and loans may reduce knowledge retention and application by SMEs in the presence of complementarity … practices. We find evidence for the latter in both intention-to-treat and treatment-on-the-treated estimates. While SMEs in both …

months of the crisis, SMEs as the backbone of Europe’s real economy benefited from large and mainly indiscriminate aid …