The loan fund launched earlier this year to help social enterprises gain access to debt and credit.
It extended a small loan to Mexico, which launched in 2010 to offer affordable home solar systems to Mexico’s three million citizens living off the electricity grid.
The secured, five-year loan will help Iluméxico provide credit to low-income women to buy the refrigerators for their shops. The company has installed 10,000 solar panels and has expanded its range of products to include “productive use” technologies like solar-powered refrigerators for small businesses.
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