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.
Objectives:
- 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
Website: www.GroFin.com
Or visit any of their office to talk to them
GroFin Nigeria, Lagos | |
General manager | Tunde Lawal |
General manager e-Mail address | [email protected] |
Generic e-Mail address | [email protected] |
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 | [email protected] |
Generic e-Mail address | [email protected] |
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 |