Grants and Contributions:

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Title:
P011285001: BlueOrchard Latin America and Caribbean Gender, Diversity, and Inclusion Fund P011285002: Latin America and Caribbean Gender, Diversity, and Inclusion Fund – Technical Assistance
Agreement Number:
7448924 P011285001 P011285002
Agreement Value:
$47,500,000.00
Agreement Date:
Mar 21, 2023 - Mar 23, 2033
Description:
P011285001: The BlueOrchard Latin America and Caribbean Gender, Diversity, and Inclusion Fund aims to increase the financial resilience of women, indigenous populations and people of African descent, as well as to support their material well-being and the growth of their businesses. To accomplish this, the Fund provides commercial loans to between 25 and 30 financial or microfinance institutions throughout Latin America and the Caribbean. P011285002: The BlueOrchard Latin America and Caribbean Gender, Diversity, and Inclusion Fund aims to increase the financial resilience of women, indigenous populations and people of African descent, as well as to support their material well-being and the growth of their businesses. The technical support mechanism supports client financial institutions of the fund in developing new financial inclusion solutions for women and in developing strategies to communicate with and effectively promote women clients. It also supports the development of diversity and inclusion policies within the human resources of the fund’s financial institution clients. Technical assistance supports the development or improvement of monitoring and reporting tools on gender, diversity, and inclusion; and helps financial institutions develop training on gender and inclusion for their employees.
Organization:
Global Affairs Canada
Expected Results:

P011285001 - P011285002 :The expected outcomes for this project include: (1) increased adoption of innovative financial products and services by women and underserved groups; (2) improved representation of women, as well as indigenous people and people of African descent, among employees, middle managers and senior managers of financial institutions; and (3) the implementation of smart, gender-inclusive financial products and strategies.

Location:
Luxembourg, LU
Reference Number:
064-2022-2023-Q4-00108
Agreement Type:
Contribution
Report Type:
Grants and Contributions
Recipient Type:
Other
Recipient's Legal Name:
BlueOrchard LAC GDI Fund
Program:
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Program Purpose:

PROGRAM INFO N/A