The Eastern Caribbean Central Bank published an ECCB Connects feature on the Eastern Caribbean Partial Credit Guarantee Corporation (ECPCGC), highlighting its support for small business lending across the Eastern Caribbean Currency Union (ECCU). Since its inception in 2018, ECPCGC has supported over 300 loans valued at XCD 30 million, and was established by the ECCB in partnership with the World Bank to help entrepreneurs in participating member countries turn business ideas into viable opportunities. Chief Executive Officer Carmen Gomez-Trigg said the loans have contributed to the growth of medium-sized businesses, repeat borrowing, job creation and an increase in dedicated micro, small and medium enterprise (MSME) activity in financial institutions. ECPCGC offers five products, with the Growth Guarantee introduced in 2025 and growing significantly, alongside the Classic Guarantee, Working Capital Guarantee, Start-up Guarantee and Taiwan Women’s Growth Guarantee. The agency provides part of the collateral required for a business loan, committing up to 75% or 80% of the collateral once requirements are met.
Eastern Caribbean Central Bank 2026-02-09
Eastern Caribbean Central Bank reports ECPCGC has supported over 300 MSME loans worth XCD 30 million across the ECCU
The Eastern Caribbean Central Bank emphasized the Eastern Caribbean Partial Credit Guarantee Corporation's (ECPCGC) support for small business lending in the Eastern Caribbean Currency Union, facilitating over 300 loans worth XCD 30 million since 2018. Established with the World Bank, ECPCGC offers five guarantee products, including the new Growth Guarantee, to help entrepreneurs access collateral for business loans.