SANAD – the MENA Fund for Micro, Small and Medium Enterprises

Project Duration
2011 - 2026
€30 million
Learn more about the project

Countries covered:

  • Algeria
  • Egypt
  • Jordan
  • Lebanon
  • Morocco
  • Palestine *
  • Tunisia

Brief Description

SANAD aims to offer market based financial instruments in particular to micro-finance institutions in the MENA region encouraging them to improve access to finance to Micro, Small and Medium Enterprises (MSMEs) in order to support growth and employment creation.

Countries covered: Algeria, Egypt, Jordan, Lebanon, Morocco, Palestine and Tunisia.


– Maintain and create employment, especially for the youth; primarily through support to small and medium enterprises.

– Reduce poverty by facilitating self-employment, primarily through microfinance.

– Build inclusive financial systems by cooperating with banks, microfinance institutions and other institutions to facilitate access to financial services.

Actions in brief

– Improve access to finance for local MSME in the region;

– Reduce shortage of medium- and long term financing and local currency lending;

– Strengthen financial intermediaries and encourage them to MSME lending;

– Foster responsible finance principles in the region;

– Further develop local financial markets on sustainable and market based principles.

Implementing partner: KfW


Sustainable Development