Hong Kong Mortgage Corporation Limited (HKMC) Microfinance Scheme

This micro business start-up loan from HKMC (a government corporation through the Exchange Fund) provides resident Hong Kong, China, entrepreneurs with low-interest loans for start-ups, self-employment, or self-enhancement. As of April 2013, 67 applications were approved totaling HK$18.55 million in loans. There is criticism that the scheme, providing relatively small individual loans, is not scalable and does not fulfill the needs of the start-up community.