PHNOM PENH, Sept. 22 (Xinhua) — State-owned Credit Guarantee Corporation of Cambodia (CGCC) on Wednesday launched a 50-million-U.S. dollar Co-Financing Guarantee Scheme (CFGS), aiming at supporting small and medium enterprises (SMEs).
The CFGS is a guarantee scheme that will act as collateral or security for 70-80 percent of the loan amount so that it will reduce the physical collateral required from the borrow