Are you looking for steps on how you can apply for GroFin Fund 2021 Loan or GroFin Fund Registration 2021/2022 Form? Are you an established entrepreneur looking to grow your existing business? if yes then You’ll see the easiest means of completing GroFin Fund Registration Form now.
GroFin on the road again! Business support and advice to help GroFin clients identify and overcome challenges and recognise opportunities in difficult times.
The GroFin Small and Growing Businesses (SGB) Fund was set up in 2014 to serve as a commercially orientated vehicle to provide development assistance, as well as start-up and early stage growth-capital needed to develop sustainable small and growing businesses.
The Fund exclusively invests in Africa, in some of the most challenging business environments globally. The businesses it funds generally operate in areas with a high rate of poverty, and often employ people living in poverty or provide vital products and services to them.
GroFin Geographical Exposure:
Kenya, Rwanda, Tanzania, Uganda, South Africa, Zambia, Ghana, Nigeria, Senegal, Ivory Coast and Egypt
GroFin is a specialist, impact-driven SME financier. We help entrepreneurs succeed by providing them with business loans and business support (expert advice and continuous guidance) to grow their businesses.
We believe that a growing SME sector that creates sustainable jobs is the most powerful driver of social and economic development that truly improves people’s lives.
Headquartered in Mauritius, we offer financing and support to SMEs in 14 countries in Africa and the Middle East. GroFin is supported by 34 international finance institutions, development organisations, and private funders who have committed nearly $535 million in capital to our funds.
The GroFin Funds 2021 application form is Free. No one will ever ask you to pay a dime. So you have nothing to worry about.
If you’re a Nigerian, then this empowerment program registration form is all you need.
Today, we’ll show you everything you need to know about GroFin Fund 2021, and how to apply online.
Please before you continue reading this guide, kindly note that below information.
Requirements for GroFin Fund 2021 Registration
The full requirements of GroFin Fund loan highly depends on the kind of Loan you want.
Another wonderful thing you don’t have to forget is your waec, NECO or NABTEB certification, you’ll must prove that you have an Olevel certificate.
APPLY FOR GROFIN FUNDS
Our investment team reviews your submitted online assessment form against our investment criteria and informs you if we are able to proceed with your application.
GET A BUSINESS CHECK-UP
If you qualify, your Investment Manager contacts you and helps complete your application by conducting an assessment of your business, highlighting key risks and opportunities to make your business investment-ready.
Your application is submitted to a committee for review. Upon approval, your application will result in an offer that will be documented in a formal letter to you.
DISBURSING OF FUNDS
Upon your formal acceptance of our offer, we proceed with disbursing funds to your business.
ON-GOING BUSINESS SUPPORT
We provide you with continuous value-adding business support focusing on your business’s needs. Our support is designed to enhance the success of your business while helping you implement your business plan.
GROW YOUR BUSINESS
On payment of your final installment, our formal involvement with your business ends. The final settlement is a good time to review your business plans and discuss any further finance and support needed in keeping with your future growth requirements.
CAN GROFIN FINANCE YOUR BUSINESS?
Your business operates in countries where we have an office: Kenya, Uganda, Tanzania, Rwanda, Ghana, Nigeria, Ivory Coast, Senegal, South Africa, Zambia, Egypt, Iraq, Oman or Jordan.
You require medium-term loan capital for your business: between US$100k and US$1.5M for a loan duration of 3-8 years.
You have an established business: operating for 2-3 years and has an annual turnover of 1.5 times the loan amount. We do consider startups on a case-by-case basis.
Your business operates in one of our preferred sectors: Education, Healthcare, Agri-Processing, Manufacturing, or Key Services (Energy / Waste / Water / Recycling).
We expect entrepreneurs to (partly) secure the loan. Personal guarantees of the entrepreneur(s) are required.
Your business is making a positive social and economic impact: E.g. Creating Jobs, Sustaining Livelihoods, Empowering Women, Benefiting the Environment.
GroFin Fund 2021 Loan Application Process
If you have interest on this, then the best way to register is through the GROFIN FUNDS 2021 Loan official portal registration portal or website.
Once you have successfully completed your online registration, then make sure you keep all your application documents safe.
In case you want regular updates so you won’t miss GroFin finance this year, kindly comment below now.
You’re to kindly note that GroFin Fund 2021 Loan Registration is currently available.
We will kindly update you immediately the application form is out.
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