The U.S. International Development Finance Corporation (DFC) has signed a $14.75 million loan portfolio guaranty with Stichting Cordaid and its impact investment firm, Cordaid Investment Management, to support lending to small and medium enterprises in West Africa and the Sahel to help foster stability and economic growth.

DFC provided the guaranty alongside $2 million in first loss grant capital from the U.S. Agency for International Development’s West Africa Trade and Investment Hu...