Opportunities
Grants, VC funds, accelerators, and competitions for African entrepreneurs.
Grants, VC funds, accelerators, and competitions for African entrepreneurs.
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$10K – $500K
GroFin provides business loans and ongoing business support for small and medium enterprises in Africa and the Middle East. Its typical ticket size is $10K–$500K. The opportunity is aimed at entrepreneurs seeking both financing and expert guidance to grow their businesses across markets including Kenya, Tanzania, Rwanda, Uganda, South Africa, Zambia, Ghana, Nigeria, Senegal, Ivory Coast, Egypt, Oman, Jordan, and Iraq.
Business loans
GroFin provides business loans to help SMEs grow their businesses.
Business support
Recipients receive expert advice and continuous guidance to grow their businesses.
Africa-focused SME lender. $500M+ lent across Africa. Collateral-light financing using business assessment. Impact measurement — job creation focus. 7+ countries across Africa.
Collateral-light loans, job creation focus, business advisory, impact measurement
SME-only. Debt repayment required.
Applicants should clearly show that they are an SME operating in one of GroFin’s target markets and seeking funding within the $10K–$500K range. It will also help to demonstrate where business support and ongoing guidance would be used alongside the loan.
2007
Active Since
Yes
Deploying
10,000+ African SMEs financed