SME RISK SHARE FACILITY - ACCESS TO FINANCE FOR SMEs
The SME Risk Share Facility (RSF) provides risk coverage for a portfolio of newly-originated loans to existing and start-up SMEs. The main objective is to immediately accelerate commercial banks’ lending to SMEs. RSF also carries out Performance-based technical assistance to financial intermediaries participating in the RSF project and provides initiatives to build the capacity of SMEs borrowing under the RSF program.
Under the Agreement, Risk Share Facility is obliged to provide technical assistance to the Department of Commerce & Industry to upgrade its SME strategy and policy making capacity.