IDB Invest will provide a reverse factoring facility of up to US$10m to the suppliers of Tiendas TIA, one of the main supermarket chains in Ecuador.
This solution aims to improve the financing conditions for micro, small and medium-sized enterprises (MSMEs) that operate as Tiendas TIA's suppliers and strengthen the supply chain of its entire network of supermarket stores, contributing to IDB Invest's purpose of integrating companies in local, regional or global value chains.