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The National Fund for Small and Medium Enterprises Development and Growth, along with Kuwait Credit Information Network "Seynet," signed a Memorandum of Understanding to enhance credit transparency and support the growth of small and medium-sized enterprises through the exchange of credit information. The initiative aims to provide accurate data on credit facilities and repayment behaviors, giving project owners a competitive advantage when seeking financing. This is part of efforts to support the national economy and facilitate access to funding from granting entities. Additionally, "Seynet" has launched a creditworthiness assessment for small and medium projects to boost trust and improve financing decisions within the sector.
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