To facilitate collateral-free credit to the entrepreneurs in the Micro and Small Enterprises ( MSEs ) sector, to shift from collateral to merit / project –based lending and to promote entrepreneurship / financial inclusion.
To support small and medium enterprises (SMEs) by serving as public guarantors to make it easier for them to borrow funds, which are necessary for their business operations, from financial institutions.
To contribute to the balanced development of the national economy by facilitating technology development of SMEs with the technology finance (including guarantee) and technology appraisal system, and by providing guarantee services to those having difficulty in obtaining funds from financial institutions for lack of collateral.
To guarantee the deposit of individual depositors held with the Commercial Banks and Financial Institutions, to guarantee the loans advanced by the banks and financial institutions in Priority Sector, to guarantee the livestock purchased by the farmers under banks/ financial institution’s loan.
To assist micro, small and medium enterprises (mSMEs) in all areas, including but not limited to finance and information services, training and marketing. As such, the Corporation’s services for mSMEs have been expanded from offering guarantee and financing programs to non-financial services to spur the growth of Philippine mSMEs.
To expand its outreaches throughout the country by developing credit guarantee system including suitable schemes, sustainable financing, effective cooperation mechanism of central, local governments and banking institutions