Our Documents


SEAF Development Impact Fact Sheet

Fact Sheet

From Poverty to Prosperity: This fact sheet gives an overview of SEAF’s Development Impact, how we measure it, and who we reach.

Published : April 01, 2011


SEAF Overview Fact Sheet

Fact Sheet

Small Enterprise Assistance Funds: This fact sheet gives a brief overview of SEAF, our history, and our mission.

Published : April 01, 2011


SEAF Technical Assistance Fact Sheet

Fact Sheet

Beyond Investment – Supporting Small Businesses: This fact sheet provides an overview of the post-investment technical assistance we provide our portfolio companies, enabling them to succeed in challenging environments.

Published : April 01, 2011


Impact Beyond Investment: SEAF’s 2011 Development Impact Report

Development Impact Report

SMEs have long been recognized as engines of growth, mainly for their ability to create jobs. Yet, based on SEAF’s more than two decades of investment in SMEs in frontier markets and more than ten years of analysis on the impact growing SMEs have on their economies, we believe that their importance is not sufficiently understood. This report describes the channels through which SMEs achieve impact and seeks to demonstrate that SMEs in frontier markets provide a rich source for accelerating economic growth and, in the context of the recent global financial crisis, economic recovery.

Published : March 25, 2011

two decades of seaf engagement-cover image

Two Decades of SEAF Engagement

SEAF Report

SEAF’s experience investing in Central and Eastern Europe since the fall of the Berlin Wall

Published : August 26, 2010


Agricultural Investment Funds for Developing Countries

Fund Report

FAO’s report explores agricultural investment funds as a vehicle for financing agricultural projects in developing and transition countries. The report features SEAF’s global track record and our Georgia Regional Development Fund.

Published : February 01, 2010

Defining SMEs Cover Image-01

Defining SMEs – A Less Imperfect Way of Defining Small and Medium Enterprises in Developing Countries


Within the community whose work it is to promote economic growth in developing countries, the role of small and medium enterprises (SMEs) remains a topic of debate. This debate has been badly served by faulty definitions. As career practitioners in SME finance, we review in this paper how SMEs are defined for developing countries, how such definitions are used, and why this matters.

Published : September 01, 2008


From Poverty to Prosperity

Development Impact Report

Understanding the Impact of Investing In Small and Medium Enterprises: Data Survey and Case Study Analysis of SEAF Investments

Published : October 01, 2007


The Development Impact of Small and Medium Enterprises – Volume 1

Development Impact Report

Lessons Learned from SEAF Investments

Volume I: Main Report

Published : July 01, 2004


The Development Impact of Small and Medium Enterprises – Volume 2

Development Impact Report

Lessons Learned from SEAF Investments

Volume II: Main Report

Published : July 01, 2004