Inter-American Opportunity Facility LP

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The Inter-American Investment Corporation (IIC) will make an equity investment of US$1,000,000 in the IOF, a Latin America and Caribbean-focused Social Impact Investment Fund in partnership with the Calvert Foundation, a US financial intermediary that enables individuals and institutions to invest for social good. Founded in 1988 with a mission to use investment capital to end poverty, CF offers a range of financial products and services that funds social impact projects while receiving a financial return.The Facility has a target size of US$ 20,000,000 and will be managed by a wholly-owned subsidiary of the Calvert Foundation. The Facility is expected to provide debt financing to Latin America and Caribbean SMEs focusing on financial, social and environmental impact results. The IDB Group (IIC, MIF, OMJ) will source, structure, and provide a pipeline of projects to the IOF. Apart from their equity investment in the Facility, CF will provide a loan to the Facility, raised from the CF investor base.Loan payments from social impact companies will be used to pay the Facility expenses, repay the Calvert Foundation loan to the Facility, and to make distributions to the equity holders.