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2024

GeM Sahay lenders are seeking repayment support from portal

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This pilot project aims to validate cash-flow-based lending for MSMEs, with GeM acting as the loan service provider (LSP). It is built on the Open Credit Enablement Network (OCEN) and has since its launch in 2021 disbursed over Rs 23 crore in loans to more than 14,000 registered sellers. This is as of January 2024.