2015-12-21 | DFD/GL/MSMEDF/21122015

Reviewed Micro, Small and Medium Enterprises Development Fund (MSMEDF) Guidelines

The Central Bank of Nigeria established the MSMEDF to enhance access to financial services for micro, small, and medium enterprises (MSMEs), increase productivity and output, create jobs, and promote inclusive growth. The fund has commercial and developmental components, with the former constituting 90% of the fund and being disbursed as wholesale funding to participating financial institutions (PFIs), and the latter being earmarked for developmental programs in the form of grants. PFIs include microfinance banks, finance companies, and development finance institutions.

Nigeria

Central Bank of Nigeria

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