US Army photo by Spc Brett Bassett
News about Small & Medium Enterprise/Bank Lending>>
Small & Medium Enterprise/Bank Lending
The program’s SME development / bank lending strategies are designed to develop and implement small and medium-sized enterprise (SME) bank lending programs that lead to economic growth, provide sustainable employment opportunities for Iraqis and help the country transition from a public sector, state-led economy to a private sector-led, demand driven economy.
Implementation activities currently underway include:
Bank Lending Programs
Development and implementation of bank lending programs that use
alternative methods of credit analysis in order to expand the pool of small
and medium-sized business borrowers and generate sustainable, long-term jobs.
Training Programs
Establishment of training programs for key employees of partner banks
in credit analysis, bank lending, financial reporting and information systems
so that the banks can implement the new lending programs without further technical
assistance.
MIS Development
Establishment of a sound and accurate partner bank Management Information
System (MIS) that will be actively used to make decisions, motivate performance
and provide accountability for funds.
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