Export credit agency

Okay kiddo, imagine that you have a lemonade stand, and you want to sell your lemonade to people in other countries. But unfortunately, some people in those countries might not be able to pay you right away. This is where an "export credit agency" comes in.

An export credit agency is like a special helper that gives you, the lemonade stand owner, some extra money to keep your business going. That way, you can still sell your lemonade in other countries and not have to worry about not getting paid.

But the help doesn't stop there. Export credit agencies can also help your customers in other countries pay you back later. This is because they have special deals with banks and other businesses to make it easier for people to pay you back. So, you can continue selling your lemonade and not have to worry about getting paid on time.

Overall, an export credit agency is like a helpful friend that makes it easier for you to sell your products internationally without worrying about getting paid.