Ownership

Impact Credit Guarantee Limited (Impact) is a wholly owned subsidiary of the Development Bank of Nigeria Plc (DBN).


Partners

Our potential partners are all licensed Bank Financial Institutions in Nigeria.



Eligibility Criteria

To be eligible to obtain partial credit guarantee from Impact, the PFI shall have met the minimum eligibility requirements set out, click here.


about Impact

Impact Credit Guarantee Limited (Impact) is a wholly owned subsidiary of the Development Bank of Nigeria Plc (DBN). Impact was set-up through a project with the World Bank to provide guarantee on loans made to eligible Micro, Small and Medium Scale Enterprises (MSMEs) and small corporates by Participating Financial Institutions (PFIs) in Nigeria.



Products and Services

Impact currently offers three types of guarantee products to PFIs on facilities granted to MSMEs;
i. Individual Guarantee
ii. Blanket Guarantee
iii. Portfolio Guarantee.

In addition, Impact offers, on a need basis, Technical Assistance to support PFIs to enhance MSME financing capabilities.

Characteristics of the Guarantee
1. Maximum Guarantee Cover of 60% of loan disbursed
2. Maximum Loan size defined from time to time
3. Maximum Tenor of 5years, can be extended to 8years for special projects
4. All sectors within the MSME business segment

In addition, Impact offers, on a need basis, Technical Assistance to support PFIs to enhance MSME financing capabilities.


Our Mandate

To facilitate access to finance among MSMEs through eligible PFIs in a sustainable and market-oriented way by providing credit guarantees and technical assistance to PFIs.