Fund Name: Fondo Transandino Peru
Target Regions/ Countries for Investment: Peru
Website (for more information): http://seaf.com/index.php?option=com_content&view=article&id=113&catid=30&Itemid=134&lang=en
Overview: Fondo Transandino Peru (FTP) was incorporated in Lima, Peru in March 2004, during a period of solid economic growth for the country. Between 2002 and 2006, the Peruvian economy grew by more than 4% per year with a stable exchange rate and low inflation. While this environment presented promising growth opportunities for the country’s businesses, Peru’s small and medium enterprises (SMEs) lacked the necessary financing to capitalize on this growth. FTP sought to bridge this gap and connect promising Peruvian SMEs with financing for expansion.