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The website provides credit guarantee to micro and small enterprises, aiming to facilitate easy access to credit from banks and financial institutions. It offers risk coverage to lenders for loans up to a certain limit, thereby enabling MSMEs to secure credit without collateral. The platform plays a crucial role in supporting the growth and development of small businesses by mitigating the risks associated with lending to this sector. It is widely used by entrepreneurs and small business owners seeking financial assistance to expand their operations or meet working capital requirements.
Updated: 16/10/2024
*Info/text is generated by artificial intelligence and may not be accurate.
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