Financing Opportunities in Latin America
March 29, 2016
Last fall we launched the Inter-American Opportunity Facility (IOF), a $20 million investment partnership with the Inter-American Development Bank designed to reduce poverty and promote economic growth across Latin America. The IOF is the cornerstone of our international portfolio for the Raíces initiative, which is focused on creating opportunities throughout both Latin America and Latino communities in the U.S.
The IOF lends to high-impact intermediary funds that provide critical services for growing economies, like small business lending, education financing, affordable housing, and agricultural cooperatives.
Learn more about how these loans are making a difference in Latin America from some IOF borrowers:
Laudex - provides affordable loans to students for higher education in Mexico. A loan from Laudex helped save Julia’s academic career after a near fatal accident - read more here.
Bayport Colombia – unique financial services for rural and low-income workers and families in Colombia. With Bayport’s help, Gloria rebuild her wood house into a sturdy and safe brick one - read more here.
Demand for capital helps finance education, provide access to credit and grow small businesses across Latin America is high and our IOF pipeline continues to grow. Join us in making an investment in the futures of people like Julia and Gloria by making an investment in Raíces today. You can start with just $20!