Expanding women-led and climate finance in Ecuador

ILX participated, through a B-loan structure, in an IFC syndicated loan to one of Ecuador’s largest banks, serving corporates, SMEs, and retail clients across commercial, retail and investment banking.

The loan proceeds support the bank in increasing access to credit for WSMEs. Additionally, 35% of loan proceeds will go to increasing access to climate-smart projects and 15% towards increasing access to biodiversity projects. With this, the loan will channel funding to key segments of the Ecuadorian economy while expanding the bank’s role in sustainable financing.