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Acceso Impact Fund: Innovative Financing for Small and Growing Businesses

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 $500,000—and $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

Country

Regional

Project Number

RG-L1158

Approval Date

December 2, 2021

Project Status

Implementation

Project Type

Loan Operation

Sector

PRIVATE FIRMS AND SME DEVELOPMENT

Subsector

ENTERPRISE DEVELOPMENT, CLUSTERS AND INNOVATION

Lending Instrument

Instrumento del Fondo Multilateral de Inversiones

Lending Instrument Code

MIF

Modality

-

Facility Type

-

Environmental Classification

Uncategorized Directive B.13

Total Cost

USD 10,000,000.00

Country Counterpart Financing

USD 7,000,000.00

Original Amount Approved

USD 3,000,000.00

Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
5431/MS-RG Non-Sovereign Guaranteed USD - United States Dollar MIF-Small Enterprise Investment Fund MIF Financing
Operation Number 5431/MS-RG
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: MIF-Small Enterprise Investment Fund
  • Financial Instrument: MIF Financing

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Preparation Phase
https://www.iadb.org/document.cfm?id=EZSHARE-837023305-4
Profile
IDEATE 2022-03-18 Public Summary 1065 RG-L1158.pdf
Mar. 18, 2022
Spanish
Implementation Phase
https://www.iadb.org/document.cfm?id=EZSHARE-837023305-2
Donors Memorandum
RG-L1158 Project Summary.pdf
Dec. 17, 2021
English
https://www.iadb.org/document.cfm?id=EZSHARE-837023305-3
Donors Memorandum
RG-L1158 Resumen del proyecto.pdf
Dec. 17, 2021
Spanish

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