المادة 9(d): Credit Information of the Beneficiary in the Direct Financing Fund

d) The fund manager shall follow clear and transparent written standards and procedures to assess the creditworthiness and repayment capacity of the beneficiary, and shall update them as necessary. Such standards and any updates thereto shall be approved by the Board of Directors of the Fund. The fund manager shall implement these procedures prior to granting financing and shall document such procedures in the financing file.