TransUnion CIBIL has partnered with the Federation of Indian Chambers of Commerce & Industry (FICCI) to launch a unique nationwide MSME consumer education program that will support MSMEs in gaining awareness of credit management, CIBIL Rank and commercial credit information. The program objective is to empower MSMEs with knowledge on how to build a good credit history and CIBIL Rank to avail easier and faster access to finance.
This program will kick off with MSME clusters in Maharashtra, Assam and Tripura and aims to reach thousands of MSMEs across key MSME clusters in India.
In addition to offering MSME lenders solutions like CIBIL Rank and commercial credit reports for astute lending, TransUnion CIBIL also publishes insights reports like the MSME Pulse in association with SIDBI and the recent Emergency Credit Line Guarantee Scheme (ECLGS) analysis report to support policymakers and the industry with market insights on the MSME sector. Commenting on this partnership, the Chief Operating Officer of TransUnion CIBIL, Ms.Harshala Chandorkar, said:“ With the launch of this program, we aim to drive even greater awareness amongst MSMEs and empower them to build their CIBIL Rank for accessing faster and affordable financial opportunities”
