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IDB Invest weighs investment in BlueOrchard fund

IDB Invest weighs investment in BlueOrchard fund

March 8, 2021
Swiss impact investor is raising $350 mln from development banks and institutional investors to lend to MSMEs during the COVID-19 pandemic

IDB Invest Inter-American Development Bank (IDB) International Financial Institutions Funds Debt Loans ESG Coronavirus Latin America United States Switzerland

IDB Invest, the private sector division of the Inter-American Development Bank (IDB), could provide up to $35 million for a new debt fund from Swiss impact investor BlueOrchard to help micro-, small and medium-sized enterprises (MSMEs) recover from the COVID-19 panemdic, according to documents on the multilateral lender's website. With a target size of $350 million, the BlueOrchard MSME COVID-19 Response Fund is taking contributions from international development banks and institutional investor

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