This article reviews the experience of the Small Business Development Company (SBDC) in Trinidad and Tobago (T&T) with a view to identifying six key lessons that have been learnt over the five years of operating a loan guarantee programme. T&T set up a guarantee programme in
1990 which has been severely criticized by consultants employed by both the Inter-American Development Bank (IDB) and the European Commission. Neither of these two agencies could be persuaded to provide capital support or technical assistance to the programme, yet, after five years the programme
has broadly succeeded in widening access to formal sector financial institutions for a large segment of the small-scale enterprise (SSE) market.

The financial systems approach to development finance: Origin, evolution and prospects

Schoombee, Andrie

Development Southern Africa, Vol. 15 (1998), Iss. 3 P.379

https://doi.org/10.1080/03768359808440020 [Citations: 3]

Credit guarantee schemes as an instrument to promote access to finance for small and medium enterprises: An analysis of Khula Enterprise Finance Ltd's individual credit guarantee scheme

Nigrini, Morné

Schoombee, Andrie

Development Southern Africa, Vol. 19 (2002), Iss. 5 P.735

https://doi.org/10.1080/03768835022000019356 [Citations: 7]