GroFin Impact

As of October 2017, GroFin has supported over 800 businesses to create and maintain more than 24,000 sustainable jobs. A further 480,000 people have benefited through impacts on households and indirect employment.

The majority of start-up and growing businesses that GroFin support provide vital goods and services, such as food, education, clean water, energy and financial access to low-income communities and contract local suppliers in these areas. As they grow, the quality and quantity of goods and services for economically vulnerable groups also improves.

     
 
  • More than 60% of the jobs that GroFin investees create are held by unskilled and semi-skilled workers, almost unanimously at the base of the pyramid.
  • More than 30% of investees’ workforce is female
  • Almost 80% of finance goes to growth and expansion of SGBs
  • Over 16,000 children are enrolled in schools supported by GroFin
 


grofin_impact_v2_6.jpg

Back to Sustainable Job Creation

Subscribe to the Shell Foundation newsletter

Subscribe to this report