MICROCAPITAL BRIEF: US-based TriLinc Global Impact Fund Invests in Small, Medium-Sized Enterprises (SMEs) in Brazil, Chile, Indonesia, Peru

TriLinc Global Impact Fund (TriLinc), a US-based private investor in companies that it deems to contribute positively to socioeconomic development in emerging economies, recently disbursed a total of USD 5.7 million in loans through a series of investments in unspecified small and medium-sized enterprises (SMEs) in Brazil, Chile, Indonesia and Peru. The investments include: (1) a USD 500,000 loan with an annual interest rate of 12.43 percent to a sugar producer in Brazil; (2) a USD 415,000 loan with an annual interest rate of 9.85 percent to a Chilean producer of sustainable timber; (3) a USD 1 million, one-year loan with 14.5-percent annual interest to an Indonesian electronics retailer that caters to low-income consumers; (4) a USD 576,000, two-year loan with 13-percent annual interest to a Peruvian food processing company that supports smallholder farmers; and (5) a USD 1.5 million, three-year loan with 13.1-percent annual interest to a Peruvian manufacturer of disposable diapers that targets low-income clients.

TriLinc was founded in 2008 and is located in the US state of California. The company invests in SMEs primarily through collateralized debt instruments with the objective of offering “…investors the potential for market-rate financial returns with proof of positive, measurable impact.” Financial data for the firm are not available.

By A’kos Szebeni, Research Associate

About TriLinc Global Impact Fund (TriLinc)

TriLinc Global Impact Fund (TriLinc) is a US-based private investment fund that makes investments in small and medium-sized enterprises (SMEs) that it deems to contribute positively to socioeconomic development in emerging economies. The company invests in SMEs primarily through collateralized debt instruments with an objective of offering “…investors the potential for market-rate financial returns with proof of positive, measurable impact.” The company was founded in 2008 and is located in the US state of California. Financial data for the firm are not available.

Sources and Additional Resources:

Business Wire, “TriLinc Global Impact Fund Makes Impact Investments in Peru, Indonesia, Brazil and Chile,” http://www.businesswire.com/news/home/20140326006613/en/TriLinc-Global-Impact-Fund-Impact-Investments-Peru#.UzhljldyBOJ

MicroCapital, March 30, 2014, “Inter-American Development Bank (IDB) to Create $30m Credit Line for Retail Lenders to Support Micro-, Small, Medium-Sized Enterprises (MSMEs) in the Dominican Republic,” https://www.microcapital.org/microcapital-brief-inter-american-development-bank-idb-to-create-30m-credit-line-for-retail-lenders-to-support-micro-small-medium-sized-enterprises-msmes-in-the-dominican-republic/

MicroCapital, October 1, 2013, “Former JP Morgan Asset Management Chairman Unveils $40m Impact Investment Fund, Charioteer-Fund I, to Support Skill Development, Microenterprises in India,” https://www.microcapital.org/microcapital-brief-former-jp-morgan-asset-management-chairman-unveils-40m-impact-investment-fund-charioteer-fund-i-to-support-skill-development-microenterprises-in-india/

MicroCapital, June 24, 2013, “Microcredit in Mexico, Impact Investing and Microfinance, Microinsurance and Preventing Child Labor,” https://www.microcapital.org/microfinance-publication-round-up-microcredit-in-mexico-impact-investing-and-microfinance-microinsurance-and-preventing-child-labor/

MicroCapital, May 31, 2013, “3rd Latin American Forum on Social Performance: Responsible Finances and Development, June 3-4, 2013, Panama City,” https://www.microcapital.org/microcapital-event-3rd-latin-american-forum-on-social-performance-responsible-finances-and-development-june-3-4-2013-panama-city/

MicroCapital, March 19, 2013, “Perspectives on Progress: The Impact Investor Survey,” https://www.microcapital.org/microfinance-paper-wrap-up-perspectives-on-progress-the-impact-investor-survey-by-yasemin-saltuk-published-by-jp-morgan-and-the-global-impact-investing-network-giin/

MicroCapital Universe Profile: TriLinc Global Impact Fund (TriLink): https://www.microcapital.org/microfinanceuniverse/tiki-index.php?page=TriLinc+Global+Impact+Fund+%28TriLink%29

Browse the MicroCapital Universe and add your entry to the wiki at https://www.microcapital.org/microfinanceuniverse/

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