Small and Medium Enterprises (SMEs) play an important role in promoting inclusive economic growth and reducing inequalities in developing countries. The World Bank estimates that formal SMEs represent 90% of businesses, account for up to 60% of employment and 40% of GDP in developing economies. The contribution of SMEs to the economy increases significantly if we consider the estimated contributions of microenterprises and SMEs operating in the informal sector. In addition, SMEs account for 90% of all new jobs created. The SME credit rating industry that complements the SME industry is then critically important as it provides independent credit opinions on these organisations thereby enabling access to credit.