Subtitle
Germany
Programme description

Objective: Maintain and create employment, especially for the youth; Reduce poverty; Build inclusive financial systems.

Activities: Support SMEs by providing partners with financial instruments adapted to their respective refinancing needs; facilitate self-employment through microfinance; cooperate with banks, microfinance institutions and other institutions to facilitate access to financial services. Beneficiaries of the Fund may qualify for support from SANAD’s Technical Assistance Facility (TAF).

https://www.sanad.lu/

Budget (mio €)
Germany's contribution: 10 million (10.000.000 Euro)
Region
Middle East and North Africa
Target group

IB ecosystem and Private sector: MFIs, MSMEs

Implementation
KfW Development Bank
Start (year)
2011
Funding
The Federal Ministry for Economic Cooperation and Development (BMZ)
KfW Development Bank
European Union
Oesterreichische Entwicklungsbank AG (OeEB)
Schweizerisches Staatssekreteriat für Wirtschaft (SECO)
GLS Gemeinschaftsbank
FMO