Objectives of MSME Finance Law

  • Create a well-regulated environment for MSME Finance through focusing on three key objectives: Protecting All Parties Involved, Promoting Transparency and Efficiency, Mitigating Risks.
  • Elevate professionalism within MSME Finance. This involves establishing high standards that align with international best practices
  • Create a more vibrant and competitive MSME finance market, which can ultimately benefit small businesses by offering them more financing options.
  • Bridge the gap between the financial needs of MSMEs and the available financing options through promoting a wider variety of financial products and services.
  • Emphasizes fair and responsible lending practices to protect borrowers through focusing on Transparent Pricing and Conditions, Responsible Lending and Proper Use of Funds
Last modified: May 19, 2024
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