ESGS Process Flow
Economic Stimulus Guarantee Scheme
ESGS is the individual guarantee scheme officially launched from 01 July 2025, after the expiry of the “Business Recovery Guarantee Scheme (BRGS). Under ESGS, CGCC increases the guarantee coverage up to 90% of the total loan principle, and sets the minimum guarantee fee at only 0.75% of the outstanding guaranteed amount, and offers other favorable conditions for supporting Participating Financial Institutions (PFIs) in expanding the loan disbursement to Micro, Small, and Medium Enterprises (MSMEs) and large firms, aiming to contribute to the economic growth, in line with the Pentagonal Strategy – Phase 1 of the Royal Government of Cambodia.
Click here for : the official document of ESGS guidelines
ESGS Scheme Features
Eligible Borrower
To be eligible for the Guarantee, the Borrower must fulfil the following requirements:
Type of Borrower
- Individual: must be a Cambodian
- Legal entity: the borrower must be a majority Cambodia-owned business, holding shares of more than 50% (fifty percent).
Age of Borrower
- Individual: The main borrower or co-borrower must not be more than 70 (seventy) years old at the loan’s maturity date.
- Legal Entity: At least one of shareholders owning at least 10% share and authorized representative must not be more than 70 years old at the loan’s maturity date.
Financially Viable
- All borrowers must be financially viable.
Borrower’s Business Registration
- Registered business: the borrower must produce a business registration issued by relevant governmental authorities under the laws and regulations of Cambodia.
- Non-registered business:
- a. the borrower must proceed with registration of its business after the Guarantee is approved by the Guarantor.
- b. if the borrower’s business remains a non-registered business within 1 (one) year from the issuance date of the Letter of Guarantee, the Guarantor shall charge the Business Registration Fee of 0.5% per annum of the outstanding Guaranteed Amount, which shall be imposed on every anniversary of the Guarantee. For the avoidance of doubt, the Business Registration Fee shall apply to small, medium and large enterprises only.
Priority Sectors
Agriculture
- Growing and cultivation of crops
- Livestock farming
- Aquaculture
Industry
- Agro-processing
- Food manufacturing and processing
- Manufacturing of local consumable goods
- Waste recycling
- Production of goods for the tourism sector
- Manufacturing of finished products, spare parts, or assembling parts
- Manufacturing of pharmaceutical products; medical equipment/products.
- Investment in green technology and climate adaptation and mitigation
Services
- Digital and ICT which include R&D or the supply of ICT-based services
- Tourism (hotel, guesthouse, restaurant, and travel agent)
- Transportation and logistics
- Education
- Utilities (water, electricity and waste)
- Healthcare services (Clinics, pharmacies, cabinets, and hospitals, professional income: professional doctors and medical assistants)
Noted:
*The non-priority sectors are those sectors besides the sectors listed above, but not included the sectors, business or loan in the Negative List.
