Microcredit Establishments To Be Under New Reign
01.04.2023The Invoice, when passed, will regulate anybody who is, or shall be, working a business which presents a microcredit service. Underneath the Bill, МФК займ онлайн microcredit is outlined because the mortgage services supplied to people and to micro, small and medium-sized enterprises (MSMEs) by a microcredit institution. A microcredit establishment is defined as a company that is licensed to offer microcredit service. A microcredit service contains: (i) the granting of loans to individuals and to MSMEs; (ii) the provision of enterprise and personal finance advisory services primarily to people and micro and small-sized enterprises; and (iii) some other activity designated as such.
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