TERMIUM Plus®

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MUTUAL GUARANTEE ASSOCIATION [1 record]

Record 1 2010-08-09

English

Subject field(s)
  • Financial Institutions
  • Economic Co-operation and Development
  • Loans
CONT

Mutual Guarantee Schemes: mutual guarantee schemes are also sometimes known as mutual guarantee associations, societies or funds. They are private and independent organisations formed and managed by borrowers with limited access to bank loans. Although they are largely funded from membership fees, etc., in many instances, they operate with some form of government support. Mutual guarantee schemes benefit from the active involvement and experience of their members.

French

Domaine(s)
  • Institutions financières
  • Coopération et développement économiques
  • Prêts et emprunts

Spanish

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