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Jordan Loan Guarantee Corporation (JLGC)
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Established in 1994 with the support of the Government of Jordan, represented by the Ministry of Industry and Trade, and the Central Bank of Jordan, along with commercial banks operating in Jordan. The JLGC's primary mission is to bridge the financing gap for economically viable Small and Medium-sized Enterprises (SMEs) that lack sufficient collateral. By providing guarantees on loans extended by commercial banks, JLGC mitigates credit risk for lenders, thereby encouraging the flow of credit to productive sectors, fostering economic growth, and creating employment opportunities within the Kingdom.
Jordan
Industry
Financial