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.

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