The SANAD Fund for MSME

The SANAD Fund for MSME is an impact investment fund dedicated to supporting micro, small, and medium enterprises (MSMEs) in the Middle East, North Africa, and select countries of sub-Saharan Africa. SANAD was established in 2011 by KfW Development Bank to address the financing gap for MSMEs in the Middle East and North Africa (MENA).  SANAD pursues this goal primarily by investing in the ability of local financial infrastructure to supply the resources businesses, entrepreneurs, and families need to thrive.