Credit Guarantee Fund Trust for Micro and Small Enterprises

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CGTMSE helps move away from collateral-based loans

The Indian Government established the Credit Guarantee Fund Trust for Micro and Small Enterprises (CGFTMSE) in order to provide lenders with partial guarantees on loans they make to borrowers. In doing so they provide sufficient assurance for the lenders to make the loans without collateral and instead focus on the viability of the project instead.  [...]