Expanding SME and green financing in Ecuador

Sector: Financials

MDB/DFI Counterpart: FMO

ILX participated in a loan alongside FMO to support one of Ecuador’s leading banks. The transaction supported lending to SMEs (75%) and green transactions (25%). While the bank’s penetration into the SME market was limited at the time, the loan was regarded as a potential gate opener to support the bank’s intention to serve that market niche. The transaction has since been fully exited.

Sustainability theme: Financial Inclusion

SDG 8SDG 9SDG 13