|Asset Classes||Private debt|
|Impact strategy||Financial Inclusion|
|Aligned with SDGs|
Tienda Pago is a fintech company that provides digital credit to small basic-goods neighbourhood stores in Mexico and Peru. These stores are vital to many communities across the globe, also in Mexico and Peru. They are not only an important source of employment, but they also play a key role in supplying food and essential household products to low-income households. One of the challenges these small stores face is lack of access to short-term credit to pay suppliers up front to buy inventory.
Tienda Pago, founded in 2015 and currently operating in Peru and Mexico, addresses this challenge by providing small store owners quick, short-term working capital to purchase inventory from top global fast-moving consumer goods distributors. It has developed a close-loop model in which the credit line is activated via an easy-to-use smart phone-based technology, allowing distributors to collect payments digitally, thereby reducing inefficiencies and operational costs.