This report is a nationally representative survey focusing on the status of small businesses in Malawi. It builds on an empirical analysis on the most binding constraints to MSME’s development and growth with a focus on access to financial services. Besides reviewing the available academic literature, the report is based on actual experiences of MSMEs, in order to combine a research approach with a more pragmatic view of the phenomenon. The information presented in this report will be of interest to a variety of stakeholders including policy makers, development partners, MSME support institutions, financial institutions, consulting firms, education and research institutions among others. The report will therefore act as a building block and provide a basis for systematic approach to reviewing policies and designing strategic plans for the development of the MSME sector in the country.