Information types

Macro-financial institutions

Micro-financial institutions

Collateral

Compulsory

Not always needed

Legal status

Compulsory

Not always required

Agreements

Yes, depending on the legal’s status

Not always necessary

Property valuation reports

Needed, depending on the application

Rarely required, depending on the loan size applied for

Insurance

Not all institutions require it

Not important

Licence

Compulsory

Yes, but not always

Business experience

Yes, indicated in financial statements

Yes, required depending on business

Export documents

Cross-border businesses

Not much involved in such businesses

Management CVs

Not always required

Rarely required

Audited accounts

Compulsory

Required but not always

Info from regulatory authorities

Yes, depending on business

Rarely required