SANAD provides debt and equity finance to partner institutions in the Middle East, North and Sub-Saharan Africa to support growth and employment creation in the region’s micro, small, and medium enterprise (MSME) sector.

The fund was initiated by Germany’s KfW Development Bank, backed with funding from the German Federal Ministry for Economic Cooperation and Development (BMZ). SANAD is additionally supported by contributions from the European Commission and a diverse group of public international financial institutions and private investors.

Read more

Initiated by


Funded by

Advised by

The SANAD Impact Report is here!

Read the new SANAD Impact Report: A Decade of Supporting Entrepreneurship and Employment and discover how SANAD's achievements in expanding financial inclusion have contributed to improving employment, livelihoods, and long-term prospects over the last ten years. For a more dynamic read, take a look at the microsite



Facts and Figures

million USD

Outstanding Portfolio Debt Sub-Fund

million USD

Outstanding Portfolio Equity Sub-Fund


Partner Institutions/Investees Debt Sub-Fund


Investments Equity Sub-Fund I and II


Loans facilitated to MSMEs and low-income households Debt Sub-Fund

Figures as of:

Q4 2021