TriLinc Global Impact Fund has approved an additional $13.9 million in term loans and trade finance facilities to companies operating in sub-Saharan Africa, Latin America and Southeast Asia. The investment brings total financing commitments as of Sept. 30 to $377.7 million for business expansion and socioeconomic development through TriLinc Global's holdings in sub-Saharan Africa, Latin America and Southeast Asia.
TriLinc Global 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.