Expanding digital participation for MSMEs in Brazil

ILX participated with a syndicated loan originated by the IFC to a large multichannel retailer in Brazil.

The loan supports the retailer’s investments in digital infrastructure, enhancing SME participation on its e-commerce platform and promoting digital inclusion throughout Brazil. The transaction also supports meaningful development impact by enhancing their access to digital infrastructure such as new cloud, AI and Fintech services previously unavailable to them, and expanding services to new MSME sellers who previously lacked access to the digital marketplace. Additionally, the investment aims to increase female participation in the technology sector, a sector where women are systematically underrepresented.