The ABC Fund invests in INSOTEC to finance smallholder farmers in Ecuador post-COVID-19

The ABC Fund has invested USD $3 million in INSOTEC, a finance provider for Ecuador’s agricultural sector. INSOTEC provides micro-credits to companies in the agricultural sector, in particular smallholder farmers, to improve financial inclusion among low-income or vulnerable households. The ABC Fund’s investment will help INSOTEC navigate the COVID-19 pandemic, support its clients and help them recover from the crisis. The financing will provide INSOTEC with further liquidity in the near-term to overcome potential cash shortages and provide loans to existing customers to help them recover.