2026.06.04
On May 26, through the Trust Fund Achieving Development of Latin America and the Caribbean (TADAC*) invested by the Japan International Cooperation Agency (JICA), the Inter-American Development Bank Investment Company (IDB Invest) signed a loan agreement with Banco ABC Brasil S.A. The funding will strengthen access to financing for medium-sized enterprises in the Federative Republic of Brazil.
Under this project, IDB Invest and TADAC provide a total USD 50 million loan, with an additional USD 50 million provided by FinDev Canada. For Japan, Brazil is a strategic and global partner as well as a key supplier of resources and food. Medium-sized enterprises are playing important roles in the country’s job creation and economic stabilization. While women’s participation in entrepreneurship and business management has been increasing, challenges in access to finance remain. By supporting the financial needs of such women-led medium-sized enterprises, this project will also contribute to Japan’s economic security. Furthermore, by strengthening the local business environment, it is expected to facilitate Japanese companies to expand into the local market.
(*Note) JICA commits USD 1.0 billion in the Trust Fund Achieving Development of Latin America and the Caribbean (TADAC). The Fund is established within the Inter-American Development Bank (IDB), the largest development finance institution in Latin America and the Caribbean region, and managed by IDB Invest, the private sector investment arm of the IDB Group. TADAC will co-finance alongside IDB Invest to support private sector initiatives that contribute to the achievement of the SDGs. JICA’s investment aims to reduce the SDGs financing gap in the region and contribute to its sustainable socioeconomic development.
Brazilian mid-sized enterprise financed by TADAC trust fund through a loan to Banco ABC
The project outline is explained below.
- Borrower
Banco ABC Brasil S.A. (Banco ABC)
- Country (Target Areas)
Federative Republic of Brazil
- Loan Amount
25 million USD
- Project Title
Financial Inclusion of Women-Led Medium-Sized Enterprises in Brazil
- Project Purpose
This project aims to enhance financial inclusion by expanding financial services for medium-sized enterprises, including those led by women, in Brazil through long-term lending to Banco ABC.
- Project Component
The loan amount will be sub-lent by Banco ABC to medium-sized enterprises in Brazil.
- Contribution to SDGs
Goal 5 (Gender equality)
Goal 8 (Decent work and economic growth)
Goal 9 (Industry, innovation and infrastructure)
Goal 17 (Partnerships for the goals)
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