Learn from Sandeep Varma – CEO at CGTMSE, about his experience in attending the Global SME Finance Forum and challenges faced by micro and small enterprises in accessing finance, the role of credit guarantee schemes in addressing these challenges, and the potential of technology to improve the efficiency and reach of such schemes.
This interview was led by Hans Koning, Global Chief Industry Specialist, Digital Finance at IFC.
"This was great. I mean, the first day of the conference itself, I was telling that it had been a very exhilarating day in a sense that a lot of ideas and a lot of information sharing."
More about CGTMSE
Availability of bank credit without the hassles of collaterals / third party guarantees would be a major source of support to the first generation entrepreneurs to realise their dream of setting up a unit of their own Micro and Small Enterprise (MSE). Keeping this objective in view, Ministry of Micro, Small & Medium Enterprises (MSME), Government of India launched Credit Guarantee Scheme (CGS) so as to strengthen credit delivery system and facilitate flow of credit to the MSE sector. To operationalise the scheme, Government of India and SIDBI set up the Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE).
More about our Leader Dialogue Series
A series of 10 to 15 minutes interviews with CEOs, senior executives of financial institutions and technology companies as well as financial sector regulators. Those one-on-one interviews are led by an industry expert from within the World Bank Group or outside.
