| Welcome to Thembani website |
|
|
Thembani was established in 1996 as a Section 21 (not-for-profit) organisation through a partner initiative founded by black South Africans living in exile in the U.S., Thembani International Guarantee Fund (TIGF) uses loan and grant capital raised from individuals and organisations in the United States and Europe as security for guarantees to cover loans from South African banks.
|
|
How TIGF Works
- TIGF guarantees loans from South African banks to approved borrowers.
- TIGF provides only partial guarantee up to a maximum of 75% of the loan required. Local banks and borrowers are required to share the credit risk.
- TIGF staff
- Identify potential borrowers
- Appraise and analyze guarantee requests
- Monitor the project throughout guarantee period
- Work with the lending bank to mitigate risks
|
|
| |
