A Review of Credit Guarantee Corporation Malaysia (CGCM) and Its Contribution to Small and Medium Enterprises

2012 ◽  
Vol 7 (8) ◽  
Author(s):  
Devinaga Rasiah ◽  
Tan Teck Ming
Keyword(s):  
Small And Medium Enterprises ◽  
Credit Guarantee ◽  
Medium Enterprises

scholarly journals Strategy Development of Regional Credit Guarantee Company

2021 ◽  
Vol 8 (4) ◽  
pp. 326-335
Author(s):  
Jodi Septiadi Akbar ◽  
Arif Imam Suroso ◽  
Rokhani Hasbullah
Keyword(s):  
Product Development ◽  
Business Strategy ◽  
Small And Medium Enterprises ◽  
Strategy Development ◽  
Credit Guarantee ◽  
Swot Matrix ◽  
Factor Evaluation ◽  
The Government ◽  
Medium Enterprises ◽  
Evaluation Matrix

Micro, small and medium enterprises (MSME) have difficulty obtaining access to bank financing. One of these difficulties is due to the limited collateral as a credit requirement. The government overcomes the problem by forming a credit guarantee company to replace the collateral requirements. One company that runs a credit guarantee business is PT. Jamkrida Riau (Jamkrida Riau). This research aims to: 1) identifying environmental factors that affect the management of internal and external in Jamkrida Riau; 2) analyze alternatives in developing Jamkrida Riau business strategy; 3) priority strategy formulated exact in business development Jamkrida Riau in the future. This study using analysis tools an internal factor evaluation matrix (IFE), external factor evaluation matrix (EFE), Internal-External matrix (IE), SWOT matrix and QSPM matrix. The results showed that an alternative strategy lead in developing its business in sequence was 1) internal risk control in the process of credit guarantee; 2) capacity building capital participation of regional governments or other investors; 3) improve cooperation with other institutions related to credit guarantee; 4) an increase in information technology adaptation; 5) giving assistance to MSME; 6) product development of ensuring that corresponds to focus effort; 7) marketing product development. Keywords: bank, credit guarantee, micro and small enterprises (MSMEs), MSMEs credit, strategy.

scholarly journals Credit guarantees in Ukraine’s agriculture: a development mechanism based on international practices

2021 ◽  
Vol 188 (3-4) ◽  
pp. 85-97
Author(s):  
Andrii Starodubtsev ◽  
◽  
Yulia Bakai ◽  
Keyword(s):  
Agricultural Land ◽  
Small And Medium Enterprises ◽  
Arable Land ◽  
State Regulation ◽  
Partial Credit ◽  
Credit Guarantee ◽  
Agricultural Enterprises ◽  
Guarantee System ◽  
Credit Guarantees ◽  
Medium Enterprises

The paper deals with the conceptual approaches to the credit guarantee system as an effective mechanism of state support for agriculture. The importance of introducing a credit guarantee system in Ukraine and creating the Fund for Partial Credit Guarantee in Agriculture, a specialized non-banking financial institution, is emphasized. This will help to overcome obstacles to crediting small and medium agricultural enterprises. The authors have analyzed global credit guarantee schemes. The purpose of this paper is to develop proposals for amendments to the Draft Law «On the Fund for Partial Credit Guarantee in Agriculture», in particular a need to provide legal grounds for non-banking financial institutions, the form of business entities, their mission, criteria for agricultural subjects eligible for partial credit guarantees, financing of the relevant institutions and defining the related management bodies, as well as bodies of state regulation and supervision. The problem statement is attributable to the fact that the effectiveness of institutions providing credit guarantees for small and medium enterprises in agriculture plays an important role in the national economies of most countries. The authors have proposed an approximate financial model of the Fund for Partial Credit Guarantee in Agriculture and made the required economic calculations. Thus, with an initial authorized capital of EUR 10 million, the Fund for Partial Credit Guarantee in Agriculture, with 50% coverage, is able to provide guarantees for the purchase of 25 thousand hectares of arable land by small and medium enterprises at an average cost of EUR 820/ha, taking into account the average normative monetary assessment of agricultural land by regions. Consequently, credit enforcement will allow banking institutions not only to balance credit risk, but also to open access to small and medium agricultural enterprises to bank crediting to the extent necessary for the purchase of agricultural land and investments in production.

MSMEs and Access to Financing in a Developing Economy

2017 ◽  
pp. 148-172 ◽  
Author(s):  
Tulus T. H. Tambunan
Keyword(s):  
Economic Development ◽  
Small And Medium Enterprises ◽  
Small Enterprises ◽  
Developing Economy ◽  
Microfinance Institutions ◽  
Access To Finance ◽  
Total Employment ◽  
Credit Guarantee ◽  
Micro And Small Enterprises ◽  
Medium Enterprises

Historically, micro, small, and medium enterprises (MSMEs) have played an important role in economic development in Indonesia. MSMEs are very numerous, amounting to, on average, almost 99% of total enterprises and also more than 90% of total employment across sectors in the country. Although the lack of finance is not the only problem facing many MSMEs, this chapter discusses the Indonesian experience with MSME financing with the focus on a government-initiated credit guarantee scheme, namely KUR (people business credit), aiming to give the enterprises more access to finance and the development of microfinance institutions. It also provides a brief description of MSMEs' development, their main constraints, and their main finance sources. The chapter shows that, in spite of government efforts, the majority of MSMEs, especially micro and small enterprises (MSEs), still depend on informal sources for their capital.

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