Portfolio: Fund managers

GroFin

GroFin focuses on the higher risk underserved market of start-up and early-stage small businesses. GroFin overcomes the constraints of insufficient expertise; track record, own contribution and/or collateral through an integrated approach of providing business development assistance and appropriate finance in the range of $50,000 to $1 million. GroFin is thus a specialist SME financier that focusses on the finance gap between micro finance and private equity. GroFin currently serves the Uganda, Tanzania, Kenya and South African markets with expansion planned to Nigeria and Rwanda in 2006. You can find out more about GroFin by visiting their website.

CDC are currently invested in the following GroFin fund:

• GroFin East Africa Fund