: (1) The fund shall protect the following loans provided by the member organizations without taking collateral protection under the loan program implemented by the Government of Nepal in collective guarantee or in movable and immovable property or project collateral:-
(a) Microfinance and underprivileged class loan program, (b) Small and medium enterprise loan, (c) All loans disbursed to the business under agricultural loan program, home) educational loan and educational unemployed business loan, (e) under export business Loans to Karni.
(2) Regardless of what is written in sub-rule (1), before guaranteeing loans made to microfinance and underprivileged groups provided by a commercial bank recognized by Nepal Rastra Bank as "A" category, guaranteeing loans invested in agriculture sector or small and medium enterprise sector by such bank. will fall 7 Amended by First Amendment. A. (3) If the Government of Nepal instructs the banks and financial institutions through Nepal Rastra Bank that the loans should be provided compulsorily, the related banks and financial institutions shall compulsorily secure the loans in the fund.