This report evaluates the impact and effectiveness of the Performance & Credit Rating Scheme for Micro & Small Enterprises (MSEs) implemented by the National Small Industries Corporation (NSIC). The study, conducted by Development Facilitators, assesses the scheme's influence on credit access, operational efficiency, and market recognition for MSEs. It highlights that the rating process has significantly improved financial record-keeping, technology adoption, and credit approval rates for participating units. The report provides key recommendations, including expanding the scheme to medium enterprises, increasing subsidy support for specific regions, and involving banks as implementing agencies. It also suggests enhancing outreach efforts and simplifying the rating process to encourage greater participation and renewals.

This report evaluates the impact and effectiveness of the Performance & Credit Rating Scheme for Micro & Small Enterprises (MSEs) implemented by the National Small Industries Corporation (NSIC). The study, conducted by Development Facilitators, assesses the scheme's influence on credit access, operational efficiency, and market recognition for MSEs. It highlights that the rating process has significantly improved financial record-keeping, technology adoption, and credit approval rates for participating units. The report provides key recommendations, including expanding the scheme to medium enterprises, increasing subsidy support for specific regions, and involving banks as implementing agencies. It also suggests enhancing outreach efforts and simplifying the rating process to encourage greater participation and renewals.