The Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) was jointly set up by the Ministry of Micro, Small & Medium Enterprises (MSME), Government of India, and the Small Industries Development Bank of India (SIDBI). Launched in August 2000, its primary mission is to strengthen the credit delivery system and facilitate the flow of credit to the MSE sector. CGTMSE achieves this by operating a credit guarantee scheme that encourages Member Lending Institutions (MLIs) to provide collateral-free credit facilities to eligible MSEs, thereby mitigating the risk for lenders and promoting entrepreneurship.

Founded in

India