CapPlus works closely with organizations that are committed to scaling SME finance in emerging economies
Financial Institution Resilience and Strengthening - FIRST+
CapPlus partnered with Mastercard Foundation, Bank of Ghana, and Ghana Microfinance Institutions Network (GHAMFIN) to accelerate job creation through small business growth powered by access to finance. In less than two years, FIRST+ partner financial institutions financed 75,271 MSMEs – 66% owned by women – impacting 137,221 jobs, 52% held by youth and 70% held by women.
FIRST+II
FIRST+’s success led to a larger challenge – to impact 307,000 youth jobs by June 2028 – through a consortium of 10 partners led by CapPlus that is delivering:
• Business development services to increase smallholder farmers’ and MSMEs’ revenues and financial management skills provided by the African Management Institute, Ghana Federation of Disability Organizations, Farmerline, and Opportunity International Ghana
• Greater access to finance driven by transformative change within financial institutions (CapPlus and CDC Consult)
• Innovative uses of loan portfolio guarantees and catalytic capital (GIRSAL and Oikocredit)
• Stronger financial ecosystem (Bank of Ghana, GHAMFIN, Digital Frontiers Institute)
