Glossary entry

Hebrew term or phrase:

חבורות לערבות הדדית

English translation:

Mutual Guarantee Associations (MGAs)

Added to glossary by Juliana Brown
Sep 10, 2007 00:40
16 yrs ago
Hebrew term

חבורות לערבות הדדית

Hebrew to English Bus/Financial Finance (general)
From a list of types of alternative British banking institutions...
Proposed translations (English)
3 Mutual Guarantee Associations (MGAs)

Proposed translations

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Selected

Mutual Guarantee Associations (MGAs)

http://www.ilo.org/public/english/employment/finance/job/mga...
Mutual Guarantee Associations are cooperatives whose members are jointly liable for member’s debts. They are effective tools for micro and small entrepreneurs to improve access to financial services from banks.
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4 KudoZ points awarded for this answer. Comment: "תודה רבה. This sounds right..."
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