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). Ten years later, SANAD is now one of the leading impact investors in the region, with a long-term focus and comprehensive approach to generating impact.

By facilitating much-needed access to financial and nonfinancial resources, SANAD helps MSMEs fulfill their role as engines of business growth, job creation, and income generation – thus reinforcing economic stability, improved livelihoods, and sustainable development… more