Pakistan Credit Guarantee Company - PCGC

PCGC was set up as a Partial Risk Sharing Facility by the State Bank of Pakistan to incentivize the FIs to lend more to the collateral deficient SME and agriculture sector, which was hindering the growth of the SME and Rural economy. PCGC will serve as a catalyst and at the same time ensuring sound lending habits amongst the FIs. This in turn would not only help improve the affordability of SME borrowing but also increase the number of qualifying borrowers especially collateral less borrowers. With these initiatives, PCGC envisions an expansion of the SME finance market, export led growth, women empowerment and employment generation in Pakistan. PCGC will play a key role promoting conventional and Islamic SME financing and it will endeavor to encourage and collaborate with FIs to provide more SME and agriculture loans.