EDFI MSME platform
The EDFI MSME platform is the first joint guarantee facility under the EU’s EFSD+ and will be open to 11 EDFI member institutions from EU countries. It is designed to enhance the lending capacity of local financial intermediaries who will then give loans to MSMEs, supporting jobs, economic opportunities, skills and entrepreneurship.
This EDFI MSME platform will be managed by EDFI Management Company and is expected to enable EU DFIs to invest EUR 200 million of their own financing into local lenders aiming to generate over EUR 500 million of MSME finance. The initiative aims to help create over 300,000 new jobs for micro-, small-, and medium-sized enterprises (MSMEs) in the manufacturing, supply chain and agriculture sectors.
Total financing generated by MSMEs expected
Manufacturing, supply chain, agriculture
Sub-Saharan Africa, EU’s Eastern and Southern Neighbourhood countries