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GroFin

110 employees

GroFin is a pioneering private development finance institution specialising in financing and supporting small and growing businesses (SGBs) across Africa and the Middle East by combining medium-term loan capital and value-added business support. GroFin’s business model is based on our commitment to providing our clients with support beyond finance. A deep understanding of the factors that drive SME success is central to this model, as is the steadfast belief that SME success leads to impact success. Since its inception in 2004, GroFin has invested in 735 SMEs and sustained nearly 90,000 jobs. Headquartered in Mauritius, we offer financing and support to SGBs in 14 countries in Africa and the Middle East. We focus on small businesses operating in education, healthcare, agri-processing, manufacturing and key services (water, energy and sanitation).

Investor insights

Funding rounds participated in

$10M sweet spot round size

Investor type

Privately Held

Basic info

Industry

Financial Services

Sectors

Financial Services

Date founded

2004

Funding rounds raised

Total raised

$10M

from investors over 1 rounds

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GroFin raised $10M on November 12, 2017

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