Small and Micro Enterprise Guarantee Fund Operating Guide

Author: (Sarah Gray…et al.) Published by: China International Economic and Technological Exchange Center, China
Publishing Date: 2002-08-01
Features: Guarantee funds can help small businesses access bank financing more easily. They can bridge the gap between risk-averse lenders and their small clients. If guarantee funds can operate independently in areas close to clients, they are more likely to achieve sustainability. If sustainability is achieved, guarantee funds will attract more social capital, and social supervision will also strengthen. This will significantly reduce default risk. The success of guarantee funds largely depends on management, including risk assessment, marketing, fund investment, repayment methods, internal financial management, and administrative management. This book explores these important aspects of guarantee fund management and explains how to successfully manage and operate guarantee funds.