SMEs are given a new push to take off
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Meanwhile, GAFI is working closely with a number of banks to promote specially tailored packages for SMEs.
The Aga Khan Foundation provides a substantial service in the same field. According to Khaled Al-Gazawi, CEO of Agha Khan Agency for Microfinance, the agency has recently launched an SME funding programme to provide graduation loans to help small businesses grow. “Assistance is also provided to help with soft skills related to branding, designing, and packaging, along with other more sophisticated matters related to settling taxes, watching the books, planning and developing the business,” said Al-Gazawi.
Ismailimail 