TriLinc Global Impact Fund Invests $20 Million in Emerging Markets in May

TriLinc Global Impact Fund, a non-traded, externally managed, limited liability company, recently approved $20.4 million in term loan and trade finance transactions with companies operating in Sub-Saharan Africa and Latin America.

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 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.

On May 1, 2017, Trilinc funded $200,000, as part of an existing senior secured purchase order revolving credit facility to a Peruvian diaper manufacturer. Priced at 12 percent, the transaction will mature on July 28, 2021. The borrower anticipates that TriLinc’s financing will support efforts in expanding its distribution network to continue offering products to low-income families throughout Peru.