Credit Guarantee Initiative in collaboration with the Credit Guarantee Company

An MOU was signed on May 22,2011 between GAFI and the Credit Guarantee Company by virtue of which the company will extend credit guarantees for SMEs that apply through GAFI to facilitate their access to banks credit facilities required for their growth.

GAFI will assist the SMEs in preparing all documents required by the CGC to facilitate their timely access to the credit guarantees and then follow up with the banks to ensure that the SMEs are granted the requested credit facilities.