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RG-L1158 : Acceso Impact Fund: Innovative Financing for Small and Growing Businesses

Project Status: Implementation

The ACCESO fund is a long-term vehicle created to address the structural financing gap present in the Central American region. It will offer small growing businesses (JEPs) access to financing appropriate to their characteristics and stage of growth with debt instruments under the modality of Revenue-Based Loans. The profile of the JEPs the fund will target are those with sales between $500,000and $3,000,000 sustainable business models proven through healthy margins, with tickets for their loans ranging from $100,000 to $1,000,000.

Project Detail

Project Number
RG-L1158
Approval date
December 02, 2021
Project Country
Regional
Project Sector
PRIVATE FIRMS AND SME DEVELOPMENT
Project Subsector
ENTERPRISE DEVELOPMENT, CLUSTERS AND INNOVATION
Project Type
Loan Operation
Environmental and social impact category
B13
Project Status
Implementation
Operation Number
5431/MS-RG

Financial Information

Project Number
RG-L1158
Project Status
Implementation

IDB Financing

Financing type
MIF
Fund
MIF-Small Enterprise Investment Fund
Reporting currency
USD - United States Dollar
Reporting date
Aug/17/2022

Roles & Responsibilities

Contract signature date
Apr/01/2022

Project Information

Total Cost
USD 10,000,000
Country counterpart financing
USD 7,000,000
Amount
USD 3,000,000

Preparation

Title
Type
Project Number
Date Published

Approved

Title
Type
Project Number
Date Published
Donors Memorandum
RG-L1158
December 17, 2021
Donors Memorandum
RG-L1158
December 17, 2021