TriLinc Global Impact Fund Invests $2.7 Million in Sub-Saharan Africa

TriLinc Global Impact Fund, a non-traded, externally managed, limited liability company, approved a total of $2.7 million in trade finance transactions to companies in Kenya, South Africa, and Zambia.

TriLinc is an impact investing fund that provides growth-stage loans and trade finance to established small and medium enterprises in developing economies where access to affordable capital is significantly limited. Impact Investing is defined as investing with the specific objective of achieving a competitive financial return as well as creating positive, measurable impact in communities across the globe.

“TriLinc’s recent trade finance transactions represent our commitment to supporting agricultural productivity and food security in Sub-Saharan Africa,” said Gloria Nelund, TriLinc chief executive officer. “From financing the import of agricultural inputs to the distribution of foodstuff products, these transactions demonstrate TriLinc’s ability to respond to the capital needs of SMEs operating across the agricultural supply chain with a timely and short-term financing product.”

TriLinc invests in small and medium enterprises through local market sub-advisors, and expects to create a diversified portfolio of financial assets consisting primarily of collateralized private debt instruments. The company aggregates and analyzes social, economic and environmental impact data to track progress and measure success against stated objectives.

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