NCGIL issued its first credit guarantee on 20 January 2025, partnering with CDB Finance to support a LKR 1.2 million loan for a small-scale agricultural project in Welimada. The guarantee enabled the borrower to access financing despite limited collateral, demonstrating NCGIL’s role in improving credit access for MSMEs. One year later, the business has successfully expanded operations, increased income, and maintained a strong repayment record, while also contributing to local employment. This milestone highlights the impact of NCGIL’s guarantee scheme in supporting sustainable agribusiness growth and strengthening rural economies in Sri Lanka.
30 April 2026 ________________
The National Credit Guarantee Institution Limited (NCGIL) successfully conducted an awareness training session in Gampaha in collaboration with the Industrial Development Board (IDB). The program aimed to educate Micro, Small, and Medium Enterprises (MSMEs) on the benefits of NCGIL’s credit guarantee schemes and how they can access financing through partner financial institutions. Participants were provided with practical insights into improving bankability and leveraging guarantee support for business growth. This initiative reflects NCGIL’s ongoing commitment to enhancing financial literacy and supporting the development of MSMEs across Sri Lanka through strategic partnerships.
30 April 2026 ________________