Small, hardworking Guyanese businessmen who have consistently paid their bills on time but have, nonetheless, been largely shut out of the formal credit system are likely to benefit significantly from last week’s launch of the country’s first ever Credit Bureau.
Speaking at last Saturday’s launch of the Bureau newly appointed Canadian High Commissioner to Guyana Dr Nicole Giles said the new Credit Bureau will better position local small businesses “to negotiate a line of credit on favorable terms to expand business and capture new opportunities.”
And according to the Canadian envoy, the advent of the Credit Bureau better positions the