Symbiotics Launches First $10.25 Million Social Bond With Cooperativa de Ahorro y Crédito ABACO in Peru

Symbiotics, the leading market access platform for impact investing, has arranged its first Social Bond, raising $10.25 million (PEN 36.1 million) for Cooperativa de Ahorro y Crédito ABACO (“ABACO”), a credit institution in Peru.

The proceeds of the Social Bond will be used to finance small and medium-sized enterprises within the trade, services and agriculture sectors, in particular the food industry, commercial stores and farms.