GroFin

Website

grofin.com

Services

In app support

GroFin is a pioneering private development finance institution and a specialist, impact-driven SME financier. It specializes in providing medium-term loan capital and value-added business support to small and growing businesses (SGBs) and Small and Medium Enterprises (SMEs) across 14 countries in Africa and the Middle East. The institution is headquartered in Mauritius and plays a crucial role in fostering economic development in these regions.

GroFin's business model is built on a commitment to offering support beyond mere financing. This involves providing expert advice and continuous guidance, stemming from a deep understanding of the factors that drive SME success. The company strategically focuses its investments on vital sectors such as education, healthcare, agri-processing, manufacturing, and key services, notably including water, energy, and sanitation, to ensure targeted and impactful development.

The core philosophy of GroFin is that a thriving SME sector, capable of creating sustainable jobs, is the most potent driver of social and economic progress, directly enhancing people's lives. Since its inception in 2004, GroFin has made significant investments in hundreds of SMEs, contributing to the sustenance of nearly 90,000 jobs. The institution is supported by 34 international finance institutions, development organizations, and private funders, who have collectively committed nearly $540 million in capital to its various funds.

Locations

• Bambous, Rivière Noire