Miarakap, a financial support company for small and medium-sized enterprises (SMEs) and Malagasy startups has launched its services in Madagascar. The company plans to support 40 companies by investing 30 billion Ariary. Miarakap investment fund receives assistance from Investors & Partners (I & P).
Investors & Partners (I & P) is an investment firm committed to supporting SMEs in Sub-Saharan Africa plays a vital role in the continent’s growth. For many years, I & P has helped approximately 80 startups in 15 different countries in Africa. The company was established in 2002.
Miarakap also intends to promote entrepreneurial spirit through the provision of financial solutions to SMEs and startups in Malagasy.
Emmanuel Cotsoyannis explained to us how Miarakap Investment funds operate. He said that the company considers SMEs and startups from all sectors of the economy. Besides, they finance between 50 million and 1 billion Ariary to firms. They also offer an active personalized support to startup. Moreover, they strengthen the management of an organization and increase commercial development of these companies. Miarakap also becomes the minority shareholder in these companies after strengthening their equity capital.