Partial Credit Guarantees definition
Partial Credit Guarantees mean the risk coverage provided to Selected MSME Loans under Part A.3 of the Project in accordance with the eligibility criteria and procedures set forth in the Project Operations Manual and pursuant to the respective and PFI-MSME Firm Agreement.
Partial Credit Guarantees or the acronym “PCG” means guarantees to be provided by BDF under Part 2.1 of the Project.
Partial Credit Guarantees means more than one Partial Credit Guarantee.
Examples of Partial Credit Guarantees in a sentence
For purposes of carrying out Part 2.2 of the Project, the Borrower, through SIDP, shall make available the Loan proceeds allocated to Category (3) to the FOGAR into a new account opened specifically to provide Partial Credit Guarantees to Eligible PFIs under terms and conditions satisfactory to the Bank, including those set forth in the POM and below.
Capitalization of the FOGAR for providing Partial Credit Guarantees to Eligible MSMEs.