There’s some good news for small-and-medium enterprises (SMEs) based online as Shakti Foundation, a microfinance intuition, has joined hands with Delivery Tiger, a courier and parcel service platform, to disburse collateral-free loans among them, including F-commerce companies. Shakti Foundation and Delivery Tiger collaborated to launch the
sme
Bankers for credit scoring for SMEs
Senior bank officials at a seminar in the city on Monday stressed introducing a credit scoring for small and medium enterprise sector in a bid to improve its operational efficiency. They observed that a scoring model on SME loans will enable quick disbursement of finance and accelerate the growth of the country’s SME sector,