Sanad Fund
The Sanad Fund is an investment vehicle, that provides debt and equity financing to banks and microfinance institutions. The ultimate beneficiaries are micro, small and medium-sized enterprises. The Middle East and North African region is the main target region of the Sanad Fund.
| Región/País | Tema | Período | Presupuesto |
|---|---|---|---|
|
Egipto Túnez |
Private sector and entrepreneurship |
01.01.2014
- 31.03.2028 |
CHF 8'725'000
|
- KfW banking group
-
Sector según clasificación del comité de ayuda al desarrollo de la OCDE SERVICIOS BANCARIOS Y FINANCIEROS
Sub-Sector según clasificación del comité de ayuda al desarrollo de la OCDE Intermediarios financieros del sector formal
Número de proyecto UR00616
| Contexto |
Despite the political and economic volatility in the region, micro finance institutions have proven relatively resilient. They continue to play a key role in providing capital to MSMEs to spur economic growth and job creation. There remains, however, a significant access to finance gap: close to 65 percent of all MSMEs in the region do not have access to financial resources- a number which would be much higher when taking into account the informal MSME sector. The Fund is manged by Frankfurt-based Finnace in Motion and supported by KfW and BMZ. |
| Objetivos |
The Sanad Fund aims at stimulating inclusive and sustainable growth and economic development through the provision of financing to micro, small and medium-sized enterprises. |
| Efectos a medio plazo |
Maintain and create employment, in particular for the youth. Reduce poverty by facilitating self-employment. Build inclusive financial systems by cooperating with banks, microfinance institutions and other institutions to facilitate access to financial services. |
| Resultados |
Resultados previstos: Number of countries in which the Sanad Fund is invested. Number of partner institutions invested in. Number of final borrowers/sub-loans by size class. Average outstanding sub-loan amount. |
| Dirección / Officina Federal responsable |
SECO |
| Crédito |
Cooperación al desarrollo |
| Contrapartes del proyecto |
Contraparte del contrato |
| Presupuesto | Fase en curso Presupuesto suizo CHF 8'725'000 Presupuesto actual suizo ya emitido CHF 0 Presupuesto inclusive contrapartes del proyecto CHF 120'000'000 |
| Fases del proyecto | Fase 1 01.01.2014 - 31.03.2028 (Fase en curso) |