IDB Invest, Blue like an Orange finance SME loans in Ecuador

IDB Invest, Blue like an Orange finance SME loans in Ecuador

Loans Funds Ecuador

IDB Invest and Blue like an Orange Sustainable Capital Fund have provided a $20m loan for Ecuador's Produbanco to increase financing for small and medium-sized enterprises (SMEs) in Ecuador. "With this eight-year subordinated loan, Produbanco will continue growing its SME financing business, as well as its green lending program in Ecuador," IDB Invest said in a press release. The loan marks the first transaction under a co-financing agreement that IDB Invest and Blue like an Orange announced i

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