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GroFin Business loans and support

SME loans to support growing businesses

Who we finance

Your business operates in a country where GroFin has an office:
South Africa, Nigeria, Ghana, Ivory Coast, Senegal, Uganda, Tanzania, Kenya, Rwanda, Zambia, Egypt, Iraq, Jordan or Oman.

Your business is in one of our preferred sectors: Education, Healthcare, Agri-Processing, Manufacturing, or Key Services (Energy/ Waste / Water / Recycling)

Your business is making a positive social and economic impact: e.g. creating jobs, empowering women, benefiting the environment, etc.

Selection Criteria

You require medium-term loan capital: US$100k and US$1.5m (equivalent in local currency) for a loan duration of 3-8 years.

You have an established business: operating for 2-3 years and has an annual turnover of 1.5 times the loan amount. We do consider startups on a case-by-case basis.

We expect entrepreneurs to (partly) secure the loan if collateral is available. Personal guarantees of the entrepreneur(s) are required.

How to apply

Click on ‘I’m Interested’ to complete your online assessment.

I’m Interested

Why choose GroFin

GroFin SME investments
735

SME
Investments

GroFin entrepreneurs supported
9630

Entrepreneurs
Supported

Business loans approved
US$ 385m

Business Loans
Approved

(Figures as at 31 December 2019)

About GroFin

GroFin is a specialist, impact-driven SME financier. We help entrepreneurs succeed by providing them with business loans and business support (expert advice and continuous guidance) to grow their businesses. We believe that a growing SME sector which creates sustainable jobs is the most powerful driver of social and economic development that truly improves people’s lives.

Headquartered in Mauritius, we offer financing and support to SMEs in 14 countries in Africa and the Middle East. GroFin is supported by 34 international finance institutions, development organisations, and private funders who have committed nearly $535 million in capital to our funds.

What GroFin entrepreneurs say

“Today, with GroFin’s help, I am supporting not only my own family, but also so many others – from the farmers who supply potatoes to us, to those who work with us at GAEA.”

Irene Wanjiru MwangiGroFin Kenya Client – GAEA Foods Ltd.

“GroFin became our partner when banks refused our loan applications. We were short of experience, but we found all the support we needed in GroFin. They were there to help us with everything from planning to marketing and sales.”

Sobhi Al ZubiGroFin Jordan Client – Arabella Extrusion Co.

“GroFin believed in our project as much as we did. They helped us to make a diagnosis on the organisational level as well as on the financial level of our business and supported us on the formalisation of our business.”

Prof. Abdoulaye DioufGroFin Senegal Client – L’École Dentaire Internationale

“No other financier understood and satised our needs like GroFin which funded the project during its start-up phase and provided invaluable business support to grow our business.”

Abubaker LuzindaGroFin Uganda Client - Bestever Paper Industries Ltd.

Successful GroFin Clients

École Dentaire Internationale
Senegal

École Dentaire Internationale (EDI), is a dental school found in Senegal Dakar. The founder & owner of this private healthcare sector business explains how GroFin has helped him to grow his business.

Chalcedony Schools
Nigeria

Grit and perseverance are the hallmarks of Gbemisola, the entrepreneur behind Lagos’ thriving Chalcedony Schools in Nigeria – Lagos. See how GroFin funding and support allowed this edupreneur to realise her dreams.

Transforming SMEs, Touching Lives
Jordan

A showcase of successful GroFin clients in Jordan. From healthcare to manufacturing sectors, listen to what GroFin Jordan clients are saying about their journey and experience with GroFin.