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GroFin East Africa Fund
Submitted by Rob Katz on August 19, 2005 - 09:51.
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For-profit equity funds supporting SME development seem to be in the news lately. The GroFin East Africa Fund provides $22M in SME financing, supported by business mentoring programs. From the GroFin web site:

"As in other developing regions, many East African SMEs are unable to enter the market largely because of a lack of business skills, absence of collateral and high level of perceived risk by financial institutions. The GroFin East Africa SME finance facility was established to service these needs by offering financial and business support services to SMEs within the target regions countries of Uganda, Kenya and Tanzania."
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