SANAD Microfinance / North Africa / Middle East

> Name : SANAD Fund for MSME

> Inception : 2011
> Initiators : KfW Development Bank
> Fund Manager : Finance in Motion GmbH, Frankfurt/Main , Oppenheim Asset Management Services S.à r.l, Luxembourg

> Sector : Microfinance
> Geographic Focus : Middle East, North Africa
> Target Financial Intermediaries : Microfinance institutions, commercial banks, leasing and factoring companies, financial service providers, other financial institutions
> End‐Beneficiaries : Micro, small and medium enterprises
> Financial Instruments : Medium and long-term senior loans, guarantees, term deposits, stand-by facilities, mezzanine and equity financing
> Non‐Financial Services : SANAD Technical Assistance Facility
> Type : Debt Fund, Equity Fund

> Outstanding portfolio as of 30 September 2014 : USD 55.6 million (debt sub-fund)

> Innpact contribution : Design and implementation of the fund and currently acting under a management support mandate
> Info : www.sanad.lu