Thembani International Guarantee Fund NPC (TIGF) was incorporated in 1996 to help disenfranchised communities access credit by providing guarantees where such clients are unable to provide the financial institution with requisite collateral.
The enterprises applying for a guarantee must fulfill the following requirements:
- The entrepreneur(s) must be South African citizens
- The ownership must be at least 51% black
- Enterprise proposal must prove to be viable and create sustainable jobs