Labor Investment Fund Small Enterprises

closed

The principal objective is to assist Ses in their expansion and development through the provision of capital, thereby strengthening the economies of the target countries and creating job opportunities for local workers. The Project will also attempt to encourage the participation of local pension funds in the two Country funds. Although local pension funds have indicated their interest in investing in SE-focused funds, it is likely that the pension funds will not invest until the Country fund have established a financial track record; however, the participation of local pension funds or other local institutional investor is not necessary for the success of the project.