Aequitas-D GP IncDesjardins
$22,900,000.00 CAD
- Department
- Global Affairs Canada
- Program
- —
- Recipient country
- Canada
- Fiscal year
- 2023-2024
- Agreement period
- March 21, 2024 – August 5, 2035
- Reference
- CA-3-P012020001
Published purpose
This impact investment fund aims to improve the environment and well-being of vulnerable populations, especially women, in Africa, Asia, Eastern Europe and Latin America. It seeks to invest in small-scale financial institutions in developing countries to help them improve the availability of financial products, such as bank accounts, loans and insurance. These investments aims to increase the availability of financial products and services for entrepreneurs who run micro, small and medium-sized businesses, including women, youths and small-scale farmers. The initiative directly benefits 40,000 entrepreneurs (20,000 of them women) who benefit from better, more inclusive financial products and services.
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