Summary of Anticipated Development Impacts
- This transaction will provide access to financial services to Peruvian SMEs to foster economic development and improve thousands of lives by supporting local jobs.
- Strengthen local SMEs and value chain: AVLA Peru will use FinDev Canada’s loan to primarily insure Peruvian SME clients that support the local economy and employment.
- Financial and non‑financial services for SMEs: In Peru, traditional banks provide SMEs with standardized products and services, creating a barrier for SMEs that do not fit the ‘one‑size‑fits‑all’ financing needs. Uno Capital originates and structures the loans for SMEs that include longer tenors, repayment schedules tailored to the SME cash flows, and faster rates of capital disbursement.
- GDP contribution through economic value‑added: The transaction will contribute economic value, both directly and indirectly, through local businesses.