Total Finco, a Costa Rican company specialized in leasing various assets such as vehicles, trucks, equipment and machinery, obtained 10-million dollars loan from BID Invest in order to expand access to these assets for micro, small and medium-sized enterprises (MSMEs) owned or majority-owned by women.

The loan will promote access to sustainable, industrial, commercial or innovation assets for MSMEs and individual entrepreneurs. In addition, IDB Invest will provide advisory services to Total Finco, which will allow it to develop a gender value proposition to increase access to its assets for MSMEs led by women.

It is expected that the operation will contribute to the fulfillment of four United Nations Sustainable Development Goals (SDGs): #5 Gender Equality; #8 Decent Work and Economic Growth; #10 Reduced Inequalities; and #12 Responsible Consumption and Production.