مؤسسة ضمان مخاطر القروض Loan Risk Guarantee Corp.
مؤسسة ضمان مخاطر القروض is a Syrian government-mandated closed joint-stock company that issues partial credit guarantees (up to 75% of principal) to enable micro, small and medium enterprises without sufficient collateral to access bank financing, distributing exclusively through 20+ partner banks.
- Company typePrivate
- Founded2016
- HeadquartersDamascus, Syria
- Headcount1–10
- GTM typeB2B
- OfferingServices
What مؤسسة ضمان مخاطر القروض Loan Risk Guarantee Corp. does
مؤسسة ضمان مخاطر القروض (Loan Risk Guarantee Corp.) is a Syrian closed private joint-stock company incorporated in 2016 under Law No. 12 of 2016, headquartered in Damascus, whose sole mandate is to issue partial credit guarantees that enable micro, small, and medium enterprises (MSMEs) lacking adequate collateral to access bank financing. The institution guarantees up to 75% of the original loan principal, capped at SYP 200 million per project (SYP 300 million for projects of economic significance), with a maximum tenor of ten years including grace period, and operates without any disclosed proprietary technology platform beyond a corporate website and social-media presence. Its sole revenue stream is a 1.5% commission on the guaranteed amount, with no additional fees charged to borrowers.
The institution does not lend directly and does not accept applications from end customers; all guarantee flow must be originated through partner banks. It has signed guarantee agreements with more than 20 Syrian financial institutions spanning public commercial banks (e.g., Commercial Bank of Syria, Popular Credit Bank, Saving Bank, Agricultural Cooperative Bank, Industrial Bank), private commercial banks (e.g., Bank of Jordan, Qatar National Bank, Fransabank, Arab Bank, Byblos, International Bank for Trade and Finance), and microfinance institutions (e.g., National Bank for Microfinance, Ibtikar, Bemo Saudi Fransi, Al-Awal). Borrowers are MSMEs in agriculture, industry, renewable energy, crafts/workshops, tourism and professional services, as well as socially vulnerable groups targeted via an MOU with the National Social Aid Fund. End-to-end processing is manual and human-in-the-loop: banks conduct initial credit analysis and forward applications, and Daman issues a guarantee decision within three weeks.
By August 2024, paid-in capital had been increased threefold to SYP 15.055 billion, the institution had issued 211 guarantee bonds, and bank loans enabled by its guarantees totaled SYP 21 billion across 9 Syrian governorates. Its shareholders are exclusively the founding Syrian banks (public, private, and microfinance), the institution is not listed on any public exchange, and there is no external private equity or venture capital participation. New leadership was installed in 2024 (Dr. Nada Al-Youssef as Director General; Raghad Muassab as Board Chair) alongside the capital increase, signaling an acceleration phase.
مؤسسة ضمان مخاطر القروض Loan Risk Guarantee Corp. firmographics
Firmographics- Name
- مؤسسة ضمان مخاطر القروض Loan Risk Guarantee Corp.
- Legal name
- مؤسسة ضمان مخاطر القروض في الجمهورية العربية السورية
- Website
- https://daman-sy.com
- Company type
- Private
- Founded year
- 2016
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- مؤسسة ضمان مخاطر القروض is a Syrian government-mandated closed joint-stock company that issues partial credit guarantees (up to 75% of principal) to enable micro, small and medium enterprises without sufficient collateral to access bank financing, distributing exclusively through 20+ partner banks.
- Ownership category
- akta.pro rank
مؤسسة ضمان مخاطر القروض Loan Risk Guarantee Corp. industry classification
Industry- Product category
- Loan Guarantee Services
- NAICS
- Mortgage and Nonmortgage Loan Brokers (52231)
- SIC
- Miscellaneous Business Credit Institution (6159), Loan Brokers (6163)
- akta.pro primary industry
- Guarantee, Insurance & Risk Mitigation Facilities (BPADACAK)
- akta.pro secondary industry
- SBA/Government-Backed & Development Finance Loans (FSAKAGAI)
Keywords
Where مؤسسة ضمان مخاطر القروض Loan Risk Guarantee Corp. is headquartered
LocationHeadquarters
- HQ city
- Damascus
- HQ country
- Syria
- HQ region
- Middle East
Offices1 record
Markets served
مؤسسة ضمان مخاطر القروض Loan Risk Guarantee Corp. business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Others
Revenue model
- Loan Guarantee Commission: The institution earns a guarantee commission of 1.5% on the guaranteed amount (not the loan amount). This is the primary revenue stream. No additional fees or commissions are charged to the customer. The institution is a joint-stock private company (Law 12/2016) that shares credit risk with partner banks to enable MSME financing.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Loan guarantee commission: 1.5% of guarantee amount |
Go-to-market motion2 records
Distribution channels1 record
Marketing channels5 records
مؤسسة ضمان مخاطر القروض Loan Risk Guarantee Corp. product offering
Product offeringCore offering
مؤسسة ضمان مخاطر القروض (Loan Risk Guarantee Corp.) is a closed private joint-stock company established under Syrian Law No. 12 of 2016 that issues loan risk guarantees covering up to 75% of the principal on loans extended by partner banks to micro, small, and medium enterprises (MSMEs) lacking sufficient collateral. The institution charges a 1.5% guarantee commission (on the guaranteed amount, not the loan amount) and works exclusively through a network of 20+ partner banks that originate loan applications, perform credit analysis, and forward eligible files for guarantee decision. Eligible sectors include agriculture, industry, renewable energy, professional crafts, tourism, and professional services, with loan caps of SYP 200 million per project (SYP 300 million for projects of economic significance) and tenors of up to 10 years including grace period.
Product overview
مؤسسة ضمان مخاطر القروض offers a single unified loan risk guarantee product designed for micro, small, and medium enterprises (MSMEs) in Syria. The product enables entrepreneurs who lack adequate collateral to obtain bank financing by providing a guarantee of up to 75% of the loan principal. The organization operates in partnership with various Syrian banks and financial institutions to channel funding to target sectors including agriculture, industry, renewable energy, crafts, tourism, and professional services.
Differentiator
Problem solved
Functional benefit
Products and services
- Loan Risk Guarantee Product for Micro, Small and Medium Enterprises (MSMEs) A loan risk guarantee product for micro, small, and medium enterprise owners who lack sufficient collateral, enabling them to obtain bank financing via partner banks. The product covers 75% of the loan principal, capped at SYP 200 million per project (SYP 300 million for projects of economic importance), with a 1.5% commission on the guaranteed amount, tenors up to 10 years including grace period, and no additional fees to the borrower. Designed for projects in agriculture, industry, renewable energy, professional crafts, tourism, and professional services.
Quantifiable outcome
- Up to 75% of loan principal covered by institution guarantee, enabling borrowers to access full loan amounts rather than reduced amounts due to collateral shortfalls
- +2 more outcomes
Companies that use مؤسسة ضمان مخاطر القروض Loan Risk Guarantee Corp.
Customer profileNamed customers3 records
Segments4 records
Ideal customer profiles2 records
مؤسسة ضمان مخاطر القروض Loan Risk Guarantee Corp. technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
مؤسسة ضمان مخاطر القروض Loan Risk Guarantee Corp. partnerships and signals
Strategic signalPartnerships
23 partnerships are on record, tiered core and minor.
- Syrian Commercial Bank (المصرف التجاري السوري)coreThe Syrian Commercial Bank signed a guarantee agreement with the institution and launched a subsidized interest rate financing program for small and medium projects guaranteed by the institution. The bank was among the first to actively implement the agreement and issue guaranteed loans in multiple sectors and governorates.
- National Bank for Microfinance (مصرف الوطنية للتمويل الأصغر)coreThe National Bank for Microfinance signed a guarantee agreement focused on enabling micro and small project owners without sufficient collateral to access financing. The bank began issuing guarantee bonds for projects in Damascus, Rif Dimashq, Homs, Hama, and Tartus.
- International Bank for Trade and Finance (المصرف الدولي للتجارة والتمويل)coreThe International Bank for Trade and Finance signed a guarantee agreement to provide financing to SMEs lacking sufficient collateral. The bank began issuing guaranteed loans in Tartus and Aleppo governorates.
- Bimo Saudi French Bank (بنك بيمو السعودي الفرنسي)coreBimo Saudi French Bank signed a cooperation agreement with the institution to enable SME owners to access appropriate financial support for developing and expanding their businesses. The bank also signed as a shareholder in the institution's capital increase in September 2022.
- Bimo Saudi French Bank for Microfinance (مصرف بيمو السعودي الفرنسي للتمويل الأصغر)coreThe microfinance arm of Bimo Saudi French signed a guarantee agreement with the institution in May 2023 to enable micro, small, and medium entrepreneurs without sufficient collateral to access financing for establishing or expanding projects.
- Qatar National Bank Syria (بنك قطر الوطني)minorQatar National Bank joined the list of banks with signed guarantee agreements with the institution in September 2022.
- Bank of Jordan Syria (بنك الأردن)minorBank of Jordan joined the list of banks with signed guarantee agreements with the institution in September 2022.
- Agricultural Cooperative Bank (المصرف الزراعي التعاوني)coreThe Agricultural Cooperative Bank signed a guarantee agreement enabling agricultural project owners lacking sufficient collateral to access financing with guarantee coverage up to SYP 100 million.
- Byblos Bank Syria (بنك بيبلوس - سورية)minorByblos Bank Syria signed a cooperation agreement with the institution in December 2022 to enable SME owners without sufficient collateral to access financing.
- Saving Bank (مصرف التوفير)minorSaving Bank signed a guarantee agreement with the institution in October 2022 to enable SME owners without sufficient collateral to access financing.
- Popular Credit Bank (مصرف التسليف الشعبي)minorPopular Credit Bank signed a guarantee agreement with the institution in September 2022 to enable micro and small project owners without sufficient collateral to access financing.
- Fransabank Syria (فرنسبنك - سورية)minorFransabank Syria joined the list of banks with signed guarantee agreements with the institution in November 2022.
- Arab Bank Syria (البنك العربي - سورية)minorArab Bank Syria joined the list of banks with signed guarantee agreements with the institution in November 2022.
- Ibtikar Bank for Microfinance (مصرف الإبداع للتمويل الأصغر)minorIbtikar Bank for Microfinance joined the list of banks with signed guarantee agreements with the institution in November 2022.
- Alawl First Bank for Microfinance (مصرف الأول للتمويل الأصغر - سورية)minorAlawl First Bank for Microfinance signed a guarantee agreement with the institution in September 2022 and participated in a workshop to understand the institution's guarantee mechanism for SME financing.
- Syria and Mahjar Bank (بنك سورية والمهجر)minorSyria and Mahjar Bank signed a guarantee agreement with the institution in July 2023 to enable SME owners without sufficient collateral to access financing.
- Industrial Bank (المصرف الصناعي)minorThe Industrial Bank signed a guarantee agreement with the institution in July 2023 to enable SME owners without sufficient collateral to access financing.
- Credit Bank of the People (ITB) (بنك الائتمان الأهلي)minorThe Credit Bank of the People signed a guarantee agreement with the institution in May 2023 to enable SME owners without sufficient collateral to access financing.
- Al Sharq Bank (بنك الشرق)minorAl Sharq Bank signed a guarantee agreement with the institution in May 2023 to enable SME owners without sufficient collateral to access financing.
- National Social Aid Fund (الصندوق الوطني للمعونة الاجتماعية)coreA memorandum of understanding was signed in April 2023 to provide guarantee coverage for loans supported by the National Social Aid Fund, targeting vulnerable groups including wounded individuals, families of martyrs, demobilized soldiers, and rural women. The cooperation aims to achieve financial inclusion for micro and small projects in governorates and rural areas.
- Ryadah Makers Institution (مؤسسة صنّاع الريادة)minorA memorandum of understanding was signed in August 2023 to support entrepreneur projects by covering their loan risks through the institution's guarantee service, with the goal of discovering, training, and supporting entrepreneurs to convert their ideas into productive projects.
- Academia for Training and Consulting (شركة أكاديميا للتدريب والاستشارات)minorA memorandum of understanding was signed in June 2023 for cooperation in supporting entrepreneur projects, exchanging expertise and information, training, and media promotion. Academia aims to contribute to Syria's economic and social development through training and consulting for entrepreneurs.
- Syrian Chambers of Agriculture Union (اتحاد غرف الزراعة السوري)minorA cooperation meeting was held in June 2022 to explore ways for farmers and livestock owners to benefit from guaranteed loans for developing their projects. Joint activities include organizing awareness seminars and training agricultural chamber staff to guide and assist farmers seeking financing.
Scale indicators6 records
Recent moves7 records
Expansion highlights6 records
مؤسسة ضمان مخاطر القروض Loan Risk Guarantee Corp. competitors and assessment
Company assessmentBroad incumbents
- FMO - Dutch Entrepreneurial Development Bank: Dutch development finance institution providing guarantees, loans, and equity to banks serving SMEs in developing markets. Comparable institutional mandate and risk-sharing product offering, though with broader geographic reach.
- Proparco: French development finance institution subsidiary of AFD providing partial credit guarantees and risk-sharing facilities to financial intermediaries in emerging markets, particularly MENA and Africa, to support MSME financing.
- International Finance Corporation (IFC): World Bank Group private-sector development arm that provides partial credit guarantees, risk-sharing facilities, and blended finance to banks in emerging markets including MENA. Operates at much larger scale with similar risk-mitigation mandate for MSME lending.
- European Investment Fund (EIF): EU specialized body providing SME credit guarantees through partner banks across Europe and globally. Comparable in providing partial credit guarantees under COSME/InnovFin programs that enable bank MSME lending.
Direct peers
- Egyptian Credit Guarantee Company (ECGC): Egyptian government-backed entity providing partial credit guarantees to banks for MSME loans. Comparable business model with multi-bank distribution and tiered guarantee coverage; active in MENA SME finance space.
- Jordan Loan Guarantee Corporation (JLGC): Jordanian government-backed credit guarantee institution that partners with banks to enable MSME and startup lending. Highly comparable model, regional proximity, and similar post-conflict MENA economy context.
- National Guarantee Fund (FNG) - Tunisia: Tunisian state-backed guarantee fund supporting SME bank lending through partial credit guarantees. Comparable MENA institutional design and multi-bank partnership model.
- Saudi Credit Guarantee Company (Kafalah): Saudi government-backed loan guarantee scheme that supports SME access to financing by sharing default risk with partner banks. Operates with a near-identical business model (partial credit guarantees on bank loans to under-collateralized SMEs), making it the closest functional analog in the region.
- Caisse Centrale de Garantie (CCG) - Morocco: Moroccan public credit guarantee fund with a multi-bank distribution model for SME financing. Long track record of government-backed guarantee operations in a MENA context, with multiple guarantee products targeting different segments.
Regional players
- Kuwait Credit Information Network & Guarantee (similar role via KAFCO/KIID): Kuwaiti government-backed development finance and SME credit-support infrastructure operating in a different geography but with overlapping mandate of facilitating MSME bank lending.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
مؤسسة ضمان مخاطر القروض Loan Risk Guarantee Corp. social profiles
Digital presenceمؤسسة ضمان مخاطر القروض Loan Risk Guarantee Corp. financial estimates
Financial estimateRevenue estimate
Valuation estimate
مؤسسة ضمان مخاطر القروض Loan Risk Guarantee Corp. leadership team
Management profileNumber of profiles
Profiles4 records
مؤسسة ضمان مخاطر القروض Loan Risk Guarantee Corp. funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
مؤسسة ضمان مخاطر القروض Loan Risk Guarantee Corp. M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about مؤسسة ضمان مخاطر القروض Loan Risk Guarantee Corp.
What does مؤسسة ضمان مخاطر القروض Loan Risk Guarantee Corp. do?
مؤسسة ضمان مخاطر القروض (Loan Risk Guarantee Corp.) is a closed private joint-stock company established under Syrian Law No. 12 of 2016 that issues loan risk guarantees covering up to 75% of the principal on loans extended by partner banks to micro, small, and medium enterprises (MSMEs) lacking sufficient collateral. The institution charges a 1.5% guarantee commission (on the guaranteed amount, not the loan amount) and works exclusively through a network of 20+ partner banks that originate loan applications, perform credit analysis, and forward eligible files for guarantee decision. Eligible sectors include agriculture, industry, renewable energy, professional crafts, tourism, and professional services, with loan caps of SYP 200 million per project (SYP 300 million for projects of economic significance) and tenors of up to 10 years including grace period.
Is مؤسسة ضمان مخاطر القروض Loan Risk Guarantee Corp. a public or private company?
مؤسسة ضمان مخاطر القروض Loan Risk Guarantee Corp. is a private company. It is classified as corporate owned and is currently operating.
When was مؤسسة ضمان مخاطر القروض Loan Risk Guarantee Corp. founded?
مؤسسة ضمان مخاطر القروض Loan Risk Guarantee Corp. was founded in 2016. It employs 1 to 10 people.
Where is مؤسسة ضمان مخاطر القروض Loan Risk Guarantee Corp. based?
مؤسسة ضمان مخاطر القروض Loan Risk Guarantee Corp. is headquartered in Damascus, Syria, in the Middle East region.
How does مؤسسة ضمان مخاطر القروض Loan Risk Guarantee Corp. make money?
One revenue line is on record: loan Guarantee Commission.
Who are مؤسسة ضمان مخاطر القروض Loan Risk Guarantee Corp.'s main competitors?
Broad incumbents on record are FMO - Dutch Entrepreneurial Development Bank, Proparco, International Finance Corporation (IFC) and European Investment Fund (EIF). Direct peers are Egyptian Credit Guarantee Company (ECGC), Jordan Loan Guarantee Corporation (JLGC), National Guarantee Fund (FNG) - Tunisia, Saudi Credit Guarantee Company (Kafalah) and Caisse Centrale de Garantie (CCG) - Morocco. Kuwait Credit Information Network & Guarantee (similar role via KAFCO/KIID) is listed as a regional player.
Does مؤسسة ضمان مخاطر القروض Loan Risk Guarantee Corp. have an API?
No public API is recorded for مؤسسة ضمان مخاطر القروض Loan Risk Guarantee Corp..
What industry is مؤسسة ضمان مخاطر القروض Loan Risk Guarantee Corp. in?
مؤسسة ضمان مخاطر القروض Loan Risk Guarantee Corp.'s product category is Loan Guarantee Services. Its primary akta.pro industry code is BPADACAK, Guarantee, Insurance & Risk Mitigation Facilities, with a secondary code of FSAKAGAI, SBA/Government-Backed & Development Finance Loans. Its NAICS code is 52231 and its SIC code is 6159.