SME Impact Fund is a specialized financing initiative that focuses on filling a crucial gap in Africa's agricultural finance ecosystem. It provides accessible loans to small and medium agribusinesses that are too large for microloans but too small for traditional banking services. The fund not only offers financial capital but also provides technical assistance to help businesses scale and improve their operations.
The fund operates primarily in rural areas of Tanzania, with its headquarters in Arusha. Its focus is on supporting agribusiness SMEs that play a critical role in local food systems and rural livelihoods.
SME Impact Fund primarily invests in the agriculture and finance sectors, targeting businesses engaged in food production, processing, and distribution. The fund aims to boost financial inclusion for rural agribusinesses and promote sustainable farming practices.
The mission of SME Impact Fund is to bridge the financing gap for agribusiness SMEs in rural Africa, enhancing financial inclusion while fostering gender equality, food security, and sustainable rural employment. By combining loans with capacity-building programs, the fund empowers smallholder farmers and agri-entrepreneurs to scale their businesses, connect with larger markets, and contribute to the region's sustainable development.