Salkantay Exponential Fund
SXF seeks to invest in technology-enabled ventures that solve major regional problems, that seek to grow in Latin America and connect with the world. Although the fund is multisectoral, strategic verticals have been defined, aligned to segments where the greatest gaps are identified and in which the Salkantay team has greater experience and capacity to generate value and impact; These are: the development of Smart Cities (ie: logistics, e-commerce), the creation and promotion of access to better products and services (ie: fintech, edtech, healthtech) and the development of platforms, products and services that allow achieving greater competitiveness for micro, small and medium-sized companies3. Investment in these sectors has become even more relevant in the current situation, as these are the companies that are leading the processes of adaptation to the new reality (for example, the future of work, education and health) and economic recovery .

Project Detail

Country

Regional

Project Number

RG-Q0065

Approval Date

December 17, 2020

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 and Social Impact Category (ESIC)

Category B13: Uncategorized Directive B.13

Total Cost

USD 25,000,000.00

Country Counterpart Financing

USD 0.00

Original Amount Approved

USD 4,500,000.00
Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
EQU/MS-18501-RG Non-Sovereign Guaranteed USD - United States Dollar MIF-Small Enterprise Investment Fund Equity Financing
Operation Number EQU/MS-18501-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