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CE/PAC/en 1 INTERIM AGREEMENT WITH A VIEW TO AN ... - WITS

CE/PAC/en 1 INTERIM AGREEMENT WITH A VIEW TO AN ... - WITS

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3.9. Support for small and medium-sized <strong>en</strong>terprisesTypes of measures to be tak<strong>en</strong>:a. Expertise services – provision of a range of services to help SMEs withmarketing, accounting, legal analysis, business plan preparation, accessto finance.b. Vocational trainingc. Facilitating access to credit and improving conditions for SMEs toaccess credit 1d. Provision of credit information at regional level 2e. More flexible l<strong>en</strong>ding conditions 3f. Str<strong>en</strong>gth<strong>en</strong>ing the capacity of financial intermediaries in C<strong>en</strong>tral Africa 4g. Analysis of the pot<strong>en</strong>tial role of the CASDBh. Analysis of the recomm<strong>en</strong>dations resulting from the study on financialservices in C<strong>en</strong>tral Africa.i. Promoting the transition from the informal to the formal economy,in conjunction with the public authorities, for example by means ofinc<strong>en</strong>tives.3.10. Promotion of <strong>en</strong>trepr<strong>en</strong>eurship among wom<strong>en</strong>1234Useful to create mechanisms which are more likely to provide funds for SMEs in the region,for example by means of loan guarantee funds. Examples are: BEI, BDEAC, etc. Expertiseservices will be able to help SMEs to prepare their loan docum<strong>en</strong>tation.Facilitating access to information for pot<strong>en</strong>tial creditors in order to reduce the level of bankrisk which curr<strong>en</strong>tly exists. For example: creation of shared databases on cli<strong>en</strong>t risk.Exploring ways of relaxing l<strong>en</strong>ding conditions in order to facilitate access to loans,taking account of the scale of the informal sector of the economy.Improving risk analysis capacity in institutions which may issue loans. Modernisation of andtraining for credit institutions.<strong>CE</strong>/<strong>PAC</strong>/Annex I/<strong>en</strong> 7

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