David Kruijff

David joined CGAP in 2021 as part of its MSE team. Prior to this he has accumulated a wealth of experience in the microfinance sector working for organisations like ProCredit, the International Finance Corporation (IFC), and OXFAM. As consultant David

held Board positions on regulated MSME banks in Nigeria, Ghana and Kenya, one Serbian Bank and a finance company in Kosovo.

More recently he has been a Director a fintech that digitises MFI operations and designs credit scoring algorithms, and has worked for the Cambridge Centre for Alternative Finance helping them establish a global collaboration network, where he still holds a Research Affiliate position. Currently David is Chairman of Musoni BV, and Credit Committee member at Incofin.

David obtained his first Masters degree at the Agricultural University of Wageningen in Rural Development Studies, and a second Masters degree at Aberystwyth University in Post-Colonial Politics.

By David Kruijff

Research

The Promise of Fintech for Micro and Small Enterprises

Nearly 500 million micro and small enterprises (MSEs) are estimated to be operating around the world. Access to credit and other financial services is critical to the growth and sustainability of these businesses, and consequentially to the low-income and vulnerable populations which rely on MSEs for their livelihoods. Yet despite decades of efforts and some notable successes in expanding MSE finance, the credit gap remains an estimated 4.9 trillion U.S. dollars.