Established in September 2007 by Small Enterprise Assistance Funds (SEAF), Afghan Growth Finance (AGF) is a $25 Million Dollar investment fund seeking to provide long-term capital to SMEs throughout Afghanistan. AGF works closely with SMEs to structure financing options that enable them to grow and maximum profits. By working closely as a partner to the SMEs, AGF enables innovative and growth oriented companies to realize operational efficiency and increase value.
AGF investments range from a minimum of $50,000 to a maximum of $2 Million per client. Investments are made in growth-oriented companies operating in key sectors with strong emphasis on agribusiness and processed agro-industry, manufacturing, transport, storage, services and technology. The objective of SEAF-AGF is to work with local entrepreneurs and change-driven companies that are utilizing inputs available in Afghanistan and adding value through innovation and use of new technologies.
AGF targets businesses that have been shut out of the commercial banking system and require more capital than what is offered by the microfinance institutions and donor programs. AGF is a full service financial partner helping SMEs realize their entrepreneurial potential.
AGF works with companies in all sectors with strong emphasis on agribusiness and processed agro-industry, manufacturing, transport, storage, services and technology. Our goal is to work with companies that are utilizing inputs available in Afghanistan and adding value to encourage export substitution.
Key Sectors Include:
• Dry Fruits and Nuts
• Agro-processing and packaging
• Transport and Logistics
• Cold and Dry Storage Facilities
• Marble and Stone
Unmatched deal flow generation capacity in Afghanistan
The key to AGF’s success is the knowledge and experience of its staff. The fund is managed by Mustafa Kazem, an Afghan/American with more than ten years experience in finance, lending, and leasing. He has worked in Afghanistan for almost four years, helping establish in 2004 the first and only leasing company in the country, Afghanistan Finance Company. Since 2007, he has worked for SEAF in its management and ownership of AGF. Mustafa works with a team of three other experienced local investment officers with thorough knowledge of the country and its business environment, and is backed up by Jonathan Carr, Bert van der Vaart and Mildred Callear of SEAF (www.seaf.com).
To make successful investments and realize positive returns, it is vital to have an awareness of the culture, language, and issues particular to Afghanistan, combined with deep experience and expertise in investing in SMEs globally. The AGF team’s awareness of how to communicate with SMEs and obtain the needed information provides AGF unmatched deal flow generation and evaluation capacity.
Strong investment evaluation and assessment capabilities
Potential investments are evaluated using SEAF’s standard analysis tools and processes that are augmented for local market conditions. With a good understanding of the types of data and information that is required for proper investment evaluation, our team mitigates the challenges and risks that exist in the country. AGF’s investment teams pride themselves on being solutions-oriented business people who work with local businesses to achieve solid economic growth, with equally solid returns for our investors.
Central to AGF’s ability to source opportunities and work with management is our on-the-ground presence and country knowledge. As a global organization with a local presence, SEAF-AGF is uniquely able to provide management with hands-on operational support and provide businesses in emerging economies with the global.
Naser Khusraw Balkhi Building
Floor 5th, Char Rahi Sarsabzi
Office: +93 (0) 202203876