This project aims to support independent hotels and the democratization of quality hospital industry by financing Ayenda Hoteles' Series B round. With Ayenda's broad supply of independent hotels (and cultivation of customer loyalty through app), low-income travelers will be able to benefit from better accommodations and more consistent, quality services. Ayenda provides a one-stop shop(app) with a portfolio of affordable hotels, loyalty rewards and tailored suggestions based on real-time analytics andreporting. Empowering the digitalization of these hospitality SMEs, will thusunlock better services to the blue-collar guests.

Project Detail

Country

Regional

Project Number

RG-Q0075

Approval Date

August 6, 2021

Project Status

Implementation

Project Type

Equity

Sector

PRIVATE FIRMS AND SME DEVELOPMENT

Subsector

SMALL AND MEDIUM ENTERPRISE

Lending Instrument

Multilateral Investment Fund Instrument

Lending Instrument Code

MIF

Modality

-

Facility Type

-

Environmental Classification

Likely to cause minimal or no negative environmental and associated social impacts

Total Cost

USD 10,000,000.00

Country Counterpart Financing

USD 0.00

Original Amount Approved

USD 2,000,000.00
Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
EQU/MS-18745-RG Non-Sovereign Guaranteed USD - United States Dollar MIF-Small Enterprise Investment Fund Equity Financing
Operation Number EQU/MS-18745-RG
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: MIF-Small Enterprise Investment Fund
  • Financial Instrument: Equity Financing

Can’t find a document? Request information

 Preparation Phase
https://www.iadb.org/document.cfm?id=EZSHARE-283491860-4
Profile
IDEATE 2022-03-24 Public Summary 1013 RG-Q0075.pdf
Mar. 28, 2022
English
 Implementation Phase
https://www.iadb.org/document.cfm?id=EZSHARE-283491860-2
Donors Memorandum
RG-Q0075 Resumen Ejecutivo.pdf
Nov. 18, 2021
English
https://www.iadb.org/document.cfm?id=EZSHARE-283491860-3
Donors Memorandum
RG-Q0075 Executive Summary.pdf
Nov. 18, 2021
English

Have an Environmental or Social issue related to IDB projects? File a Complaint