- Universalizing credit procedures
Description
Providing guaranteed credits involves offering financial backing or assurances to borrowers, typically through government or institutional guarantees, to facilitate access to loans and capital. This strategy aims to mitigate lender risk, encourage investment in underserved sectors, and stimulate economic development. By ensuring repayment in case of default, guaranteed credits address barriers faced by small businesses, farmers, or marginalized groups, enabling them to secure necessary funding and promote inclusive growth.
Broader
Narrower
Facilitated by
Value
UIA organization
SDG
Metadata
Database
Global strategies
Type
(D) Detailed strategies
Subject
- Commerce » Credit
- Cybernetics » Cybernetics
- International relations » Planetary initiatives
Content quality
Yet to rate
Language
English
1A4N
Q8421
DOCID
12784210
D7NID
214999
Editing link
Official link
Last update
Dec 3, 2024