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Small and Growing Business (SGB) Portfolio

June 2026


$6M

Capital Outstanding

9

Active Clients

18

Active Loans

6

Countries Reached


why small and growing businesses?

SGBs often lack access to sufficient, appropriately structured growth capital, despite their importance in driving job creation and entrepreneurial activity in emerging markets. When SGBs in the informal economy are considered, the total credit gap is estimated between $2.1 - $2.6 trillion.

MCE’s Small and Growing Business (SGB) Portfolio addresses this market gap by serving SGBs in the “missing middle”—those that are too big for microfinance, yet too small for commercial lending. With a focus on investing in women and the environment, our SGB portfolio provides catalytic and flexible debt capital to SGBs in agriculture and other sectors. Our portfolio companies create economic opportunities in rural economies, raise small-holder farmers’ incomes, and facilitate access to basic needs in underserved areas. 

MCE is committed to ongoing partnership with these enterprises as they grow and scale to better serve their customers, their employees, and their communities, generating sustainable and inclusive economic growth that supports a thriving environment. 

As of June 2026, our SGB portfolio consisted of $6 million outstanding in 9 SGBs operating across 6 countries.

 

SGB Investment Spotlights

For a full list of the SGBs in our portfolio, please visit our Portfolio List page.

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Good Nature Agro (GNA) invests in Zambian small-scale farmers to generate lasting income by providing technical assistance, inputs and access to a readymade market. The result has been a two-fold increase in productivity for thousands of farmers.

Azahar is a Colombian small business involved in the sourcing and exporting of premium specialty coffee from 5,000 small-scale farmers in post-conflict areas. Its uniquely impactful approach comes from traceability initiatives like its Sustainable Coffee Buyers Guide, which helps buyers understand price point to income ratios based on region.

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Sol Organica is a certified B-Corporation in Nicaragua that works to improve the livelihoods of tropical fruit farmers in Nicaragua while maximizing their agricultural potential and promoting the use of sustainable and organic farming practices.

 

SGB Portfolio Growth

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SGB Portfolio Diversification

Geographic Diversification

Sector Diversification

*Sector diversification data as of Q4 2023, updated on an annual basis.

SGB Impact

Portfolio List

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