TriLinc Global Impact Fund approved and funded a $929,578 term loan transaction to a sustainable consumer lender in Colombia. The transaction is part of an existing five-year term loan facility, priced at 12%. The transaction is set to mature on Sept. 1, 2025.
TriLinc Global Impact Fund approved and funded a $929,578 term loan transaction to a sustainable consumer lender in Colombia. The transaction is part of an existing five-year term loan facility, priced at 12%. The transaction is set to mature on Sept. 1, 2025.
“By extending financing to the consumer lender in Colombia, TGIF is demonstrating its commitment to businesses that have positive environmental and social impact in Latin America,” Gloria Nelund, CEO of TriLinc Global Impact Fund, said. “More specifically, we are confident that this financing will support the daily consumer needs of segments of Colombia’s population — teachers and retirees — that are significantly affected by the realities of the COVID-19 pandemic.”
TriLinc Global Impact Fund is an impact investing company that provides growth-stage loans and trade finance to established small and medium enterprises, primarily in developing economies where access to affordable capital is significantly limited.
