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.
Privatsektor und Unternehmertum
- KfW Bankengruppe
|Hintergrund||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.|
|Ziele||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.|
|Mittelfristige Wirkungen||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.|
Erwartete Resultate: 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.
|Budget||Laufende Phase Schweizer Beitrag CHF 8'475'000 Bereits ausgegebenes Schweizer Budget CHF 0 Budget inklusive Projektpartner CHF 240'000'000|
|Projektphasen||Phase 20 01.01.2014 - 31.03.2028 (Laufende Phase)|