SME Agribusiness Development in East Africa
The SME Impact Fund (SIF) provides mesolevel financing to SMEs in agribusiness in East Africa. SIF provides financing as loans, from USD 65,000 to USD 650,000, with an average loan size of USD 200,000. SIF provides financing for SMEs in local currency, at competitive rates.
Project partners are currently Dutch NGOs like Hivos and Cordaid, and private investors including MatchMaker Associates (MMA). The CFC holds a permanent position on the
fund Advisory Committee.
The fund has now completed its investment period and will be divesting in the coming years. However, through the investments, SIF has reached 28,824 smallholder farmers and supported 4,377 jobs. SIF estimates that it has supported the livelihood of 150,165 beneficiaries through its investments according to the most recent impact figures available
Submitting Institution | MatchMaker Fund Management (MMFM) |
Location | Burundi, Kenya, Malawi, Rwanda, Tanzania, Zambia |
Commodity | Miscellaneous |
Total Cost (Target Fund Size) | Euro 10,000,000 |
CFC Financing | USD 520,000 (Equity) |
Co-financing | Balance to be sourced from other consortium partners |
Year of Implementation | 2013 |
SDGs
 |  |  |  |  |  |