The Agri-Business Capital Fund invests USD 1 million in UNI2 Microcrédito SAS to enhance financial inclusion for small-scale farmers in Colombia.
Information on the Target
UNI2 Microcrédito SAS is a prominent microfinance institution based in Colombia, dedicated to improving financial access for small-scale farmers and rural entrepreneurs. With a commitment to fostering economic development in underserved regions, UNI2 has established itself as a crucial player in the microfinance sector, aiming to uplift local communities by providing them with the financial tools necessary for growth and sustainability.
This latest investment of USD 1 million from the Agri-Business Capital Fund (ABC Fund) builds upon a previous financial partnership, which included a subordinated debt facility of USD 3 million in 2022. The ongoing investment strategy underscores UNI2's role in enhancing financial inclusion and aiding smallholder farmers by facilitating essential resources for agricultural production and associated economic activities.
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Industry Overview in Colombia
The microfinance sector in Colombia has been experiencing significant growth, driven by the increasing demand for financial services among underserved populations. As many rural communities lac
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Agri-Business Capital Fund
invested in
UNI2 Microcrédito SAS
in 2023
in a Other VC deal
Disclosed details
Transaction Size: $1M