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Credit Guarantee Fund Scheme for Micro and Small ...
Credit Guarantee fund Scheme for Micro and Small Enterprises introduction 1. Of all the problems faced by the MSEs, non-availability of timely and adequate Credit at reasonable interest rate is one of the most important. One of the major causes for low availability of bank finance to this sector is the high risk perception of the banks in lending to MSEs and consequent insistence on collaterals which are not easily available with these enterprises. The problem is more serious for Micro enterprises requiring Small loans and the first generation entrepreneurs.
Credit Guarantee Fund Scheme for Micro and Small Enterprises Introduction 1. Of all the problems faced by the MSEs, nonavailability of timely and adequate -
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