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Guarantee funds for small and microenterprises
Guarantee funds can
facilitate access to finance for small enterprises. Provided that they are
well-designed and professionally managed, guarantee funds can have a significant
impact on growth and employment. They produce additional lending in instances
where small entrepreneurs do not have collateral or where for some reason the
system to create security interests does not function properly.
On the basis of its experience in supporting
guarantee funds in different parts of the world, the Social Finance Programme
has developed a support package for organizations that are managing a credit
guarantee fund. This support package includes a training manual “
Guarantee Funds for Small
Enterprises: A manual for guarantee fund managers". The programme offers training on guarantee fund
management through a network of accredited training institutions and the ILO International Training Centre in Turin. If
you are interested in receiving this training, please contact SFP@ilo.org
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