Updated Sep 10, 2020CLOSED

ESP Launches Zero-Interest Loan Program To Support African SMEs In A COVID-19 Economy

Entrepreneurial Solutions Partners (ESP), in partnership with the U.S. African Development Foundation (USADF) and close collaboration with Ecobank, has launched the African Resilience Initiative for Entrepreneurs (ARIE) – a pan-african initiative to provide financial and technical assistance to 300 entrepreneurs (approximately 70% of whom will be women-owned) impacted by COVID-19.

ARIE will support entrepreneurs from seven countries: Ghana, Ivory Coast, Kenya, Nigeria, Rwanda, Senegal, and Uganda, and in the following sectors: Agri-Business, Manufacturing, Energy and Renewables, and Essential Services. Each SME selected will have the opportunity to receive up to 150,000 USD per firm, disbursed as an interest-free loan, and will receive technical support from experts across the continent.
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GrantType
CLOSEDSep 25, 2020Deadline
Up to $150,000Amount
UnavailableDuration(Months)

Mandatory Requirements

Implemented In:
RegionAfrica
CountryN/A
Focus AreasEntrepreneurship (Economic Growth and Trade)
Infectious & Vector Diseases (Health)
For more information on eligibility criteria and how to apply for funding, write to arie@espartners.co.

Application Directions

The applications are open till the 25th of September, 2020. Apply here: https://bit.ly/ARIE2020.
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