The objective of the project is to promote the inclusion of (i) enterprises owned by women, black, and indigenous entrepreneurs in the region and; (ii) enterprises that have a high impact on these communities. YA Ventures is a first-time fund management firm that comprises mostly well-connected and top-notch black professionals with a long track record in investing, developing and promoting companies led by invisible entrepreneurs. They have experience and connections with investors and stakeholders from LAC and the USA.

Project Detail

Country

Regional

Project Number

RG-Q0092

Approval Date

April 22, 2022

Project Status

Implementation

Project Type

Equity

Sector

PRIVATE FIRMS AND SME DEVELOPMENT

Subsector

MICROENTERPRISE DEVELOPMENT

Lending Instrument

Multilateral Investment Fund Instrument

Lending Instrument Code

MIF

Modality

-

Facility Type

-

Environmental Classification

-

Total Cost

USD 20,000,000.00

Country Counterpart Financing

USD 0.00

Original Amount Approved

USD 3,000,000.00
Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
EQU/MS-19224-RG Non-Sovereign Guaranteed USD - United States Dollar MIF-Small Enterprise Investment Fund Equity Financing
Operation Number EQU/MS-19224-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

 Implementation Phase
https://www.iadb.org/document.cfm?id=EZSHARE-456391505-3
Donors Memorandum
RG-Q0092 Resumen del proyecto.pdf
Apr. 26, 2022
English
 Preparation Phase
https://www.iadb.org/document.cfm?id=EZSHARE-456391505-2
Profile
IDEATE 2021-12-08 Public Summary 1083 RG-Q0092.pdf
Jan. 07, 2022
English

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