SANAD Fund for MSMEs Overview

The SANAD Fund for MSMEs is a Luxembourg-based impact investment fund that provides debt and equity financing to micro, small, and medium enterprises (MSMEs) and low-income households in the Middle East, North Africa, and select Sub-Saharan African countries. The fund aims to foster economic development and job creation by addressing the financing gap for underserved market segments, with a particular focus on young and female entrepreneurs, as well as rural communities. SANAD operates through a blended finance model with a tiered capital structure, allowing investors with varying risk tolerances to participate. The fund's assets under management are approximately USD 565 million, with cumulative investments since inception reaching USD 1 billion. SANAD's governance includes a Board of Directors and an advisory team, with Finance in Motion serving as the fund's advisor. The fund's investors comprise public institutions and development banks, including KfW Development Bank, the German Federal Ministry for Economic Cooperation and Development (BMZ), the European Union, Switzerland’s State Secretariat for Economic Affairs (SECO), OeEB (the Development Bank of Austria), Germany’s GLS Bank and GLS Treuhand, the Dutch development bank FMO, and Calvert Impact Capital.

Is SANAD Fund for MSMEs the right investor for your startup? Browse their investment focus, stage preferences, and geographic scope to see how well they align with your fundraising goals. Your full match score with SANAD Fund for MSMEs, along with a list of other relevant VCs, is available on Hopohopo.io.