Impact
Supporting underserved MSMEs
With its young, growing and digitally savvy population, the MENA region is brimming with potential and innovation. But promising entrepreneurs are struggling to obtain financing, as financial institutions perceive them to be too risky.
We have a solution.
We broaden financial inclusion for MSMEs by investing via our financial institution partners. In addition, our Advisory & Capacity Building team works with our partners to structure tailored products and provide training for their borrowers. The team also works directly with MSMEs to formalise their accounts and modernise their operations.

Generating measurable impact
Generating measurable impact
Figures as of Q4 2024
* Figures are modeled by the SANAD Fund based on primary reporting and third-party data
$2.3B
Volume of sub-loans facilitated to businesses and households
448,000*
Indirect jobs supported
141,000*
Indirect jobs held by women
57%
Share of rural MSME end-borrowers
Contributing to the following SDGs







MSMEs are the backbone of our economies, supporting them is critical to driving inclusive growth, creating jobs, and ensuring long-term stability in the regions we serve.
Iveta Tancheva-Nikolova, Portfolio Manager
Ensuring MSMEs reach their growth potential
Financial inclusion of underserved segments
Through our financial institution partners, we channel financing to underserved segments of the market, particularly young, female and rural-based entrepreneurs. We can also offer local currency lending, which protects our financial institution partners and their end clients from currency fluctuations.
Innovation
It is essential that we drive financial inclusion through digitisation. We do this by investing in innovative fintechs through our equity sub-funds. We also provide consultancy services to accelerate innovation, digitalization and operational improvements of financial institutions and end-borrowers.
Institution building
We work with our financial institution partners over the long-term, enhancing institutional capacities and creating lasting systemic impact. We work with our partners to enhance their skills and processes, maintain high standards and embed advanced processes. This helps them better serve their current MSME clients and expand their client base.

Enhancing impact through Advisory & Capacity Building
Enhancing impact through Advisory & Capacity Building
Figures as of Q4 2024
$30M
in projects
388
Projects managed
48,000
Beneficiaries
52%
Female beneficiaries
We enhance our impact with a service that is well-funded and tailored to support the needs of financial institutions, MSMEs and sectoral partners (inc. central banks and industry associations).
We help financial institutions structure new products and offer consultancy services on ESG, risk management and more. We also train businesses on fundamentals (e.g., marketing and finance) and modern solutions (e.g., digitalization, sustainability).
We also work with partners across the region to build inclusive financial systems. These provide access to financial services, embed responsible finance principles and support ecosystems that foster growing businesses.

I have shared my experiences and success stories with other women, who are passionate about advancing in their careers. Additionally, I have recommended various training courses to help them effectively manage their own businesses and understand their roles on boards or as entrepreneurs or startups.
Asma Abbadi, Board Member on the Middle East for Payment Services (MEPS)
Our recognised impact management and measurement system
Information for investors
Sorry, in respect of the United States of America, Canada, Japan or Australia or any other jurisdiction in which the distribution, offer, sale, transfer or resale would be prohibited by applicable law, no investment in notes/shares or other instruments of the Fund (or its sub-fund(s)) can be offered or made.