PARTNERS: Small Enterprise Assistance Funds (SEAF)
USAID’s support to one of Afghanistan’s leading financial services firms, Small Enterprise Assistance Funds-Afghan Growth Finance (SEAF-AGF), helps local entrepreneurs and change-driven companies utilize financial inputs and add value through innovation and use of new technologies. Since its inception in 2008, SEAF-AGF’s success in Afghanistan stems from its ability to structure dynamic financing options and provide management with hands-on operational support, as well as provide Afghan businesses with the international connections needed to accelerate their growth and profitability. AGF offers financing solutions to growth-oriented companies operating in key sectors of the economy. Strong emphasis is placed on agribusiness and processed agro-industry, light manufacturing, alternative energy, transport and distribution, consumer products and retail, services and technology/communications. Investments are structured to match the cash flows and capital requirements of each business and can be in the amount of $100,000 to $11.5 million.