GREEN FINANCE for SMEs in AFGHANISTAN

August 22, 2017

Providing financing for Afghanistan to make investments in its intended Nationally Determined Contribution (INDC) to reduce its greenhouse gas (GHG) emissions. Lack of solid financial records and collateral for applying loans to banks. High lending risk as perceived by commercial banks SMEs lack of good bookkeeping and collaterals required for loan applications. The Aga Khan Agency for Microfinance is the largest provider of financial services for micro and small businesses and households. SMEs comprise 18% of the lending portfolio, with around EUR 11 million.

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Cross Insurance

Cross Insurance is a family owned insurance agency made up of a network of wholly-owned subsidiary insurance agencies throughout Maine, New Hampshire, Massachusetts, Connecticut, New York, and Rhode Island. Getting its humble beginnings in the home of Woodrow Cross in 1954, the company has since grown to become New England’s largest and the nation’s 37th largest independent insurance provider with more than 30 branches and more than 700 employees.

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