Get funds for Small and Growing Business at GroFin


GroFin is a SME development financier helping entrepreneurs and business owners at the bottom of the SME pyramid to access tailored finance and experienced business support. This in turn helps them to start and grow successful businesses, creating jobs and driving socio-economic development.

GroFin was incorporated in August 2014.

GroFin has fund size of US $100+ Million

GroFin Focus on Small and Growing Businesses (SGBs) that are grossly underserved by other funds or financiers. Delivers a unique integrated solution for patient risk capital and end-to-end business support to start-up and growing businesses at the SME base.


  • 80 – 100 investments per year at an average deal size of USD $100,000- USD $1.5 million in local currency. The fund typically provides finance in forms of medium term loans.
  • Over 10 years the growing SGB portfolio will sustain 32,000 employees as part of its impact.
  • A specialist fund manager with a proven track record and local capacity in 9 countries in Africa.


GroFin’s 600+ high impact investments support employment of 18,000 people.

Investors: Shell Foundation, KfW, Dutch Good Growth Fund, Norfund, GroFin, Anthos.

Locations: Nigeria – Lagos, Ghana, Zambia, Egypt, South Africa, Kenya, Tanzania, Rwanda, Uganda

GroFin is one of the firms that give funds and support Small Businesses to grow.

If you need Small business fund for your business, check them out here GroFin Fund


Or visit any of their office to talk to them

GroFin Nigeria, Lagos 
General manager Tunde Lawal
General manager e-Mail address
Generic e-Mail address
Telephone number +234 705 696 6666; +234 909 000 1346
Fax number
Physical address Reals Plaza (Ground Floor) Plot 1 Dosumu Street, Off Hakeem Balogun Street, CBD, Agidingbin, Ikeja, Lagos
Postal address PO Box 51597 Falomo, Ikoyi, Lagos


GroFin Nigeria, Port Harcourt  
General manager Friday Essienenkak
General manager e-Mail address
Generic e-Mail address
Telephone number +234 705 295 1455 / +234 806 554 9089
Fax number N/A
Physical address 77 Stadium Road, Port Harcourt, Rivers State
Postal address 77 Stadium Road, Port Harcourt, Rivers State
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Utibe Etim is a social entrepreneur, an IT expert and a business developer. He is committed to solving some of the biggest problems in entrepreneurship eco-system by support young entrepreneurs in identifying opportunities and resources to help them plan, start and grow their businesses. He is the founder of, a platform that focuses on promoting entrepreneurship as a viable career option and a solution to unemployment for young Nigerians and Africans which in turn create wealth and economic development. Utibe Etim develops business plans, feasibility studies, website development, social media marketing just to mention a few. He writes unique and inspiring articles and share tips on business and technology. You can connect with him on Facebook personal profile or Facebook Business page or Twitter: @Twitter or Phone: 07031542324 or or contact me on info(at) or utibeman(@)

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