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Project name: Small Enterprise Assistance Fund (SEAF)

Start date: 06.1.1995

End date: 01.7.2005

Project description:
The program provided venture capital for equity investments in private small and medium-sized enterprises, mainly in agriculture, food processing and light manufacturing — with an emphasis on the export sector. CARESBAC combined the availability of equity capital with operational and business support assistance to entrepreneurs by local professionals, thus helping clients to better manage their businesses. CARESBAC also assisted firms in attracting debt capital.

Implementer: CARE Small Business Assistance Corporation (CARESBAC)/SEAF

Funding: $7,000,000