Belgian Investment Company for Developing Countries
The Belgian Investment Company for Developing Countries (BIO) is an economic development agency located in Brussels, Belgium, founded in 2001. Its primary goal is to foster a robust private sector in developing and emerging countries, facilitating access to sustainable growth and development. BIO directly invests in private sector projects, contributing significantly to the socio-economic development of the host countries. The agency's mandate emphasizes specific geographical targets, diverse financing tools, and a strong focus on the impact of its investments on development, aligning with international development goals. The management of BIO's assets is overseen by its executive management team, ensuring that its initiatives effectively support sustainable economic progress in the regions it serves.
Acceso Crediticio S.A, established in 1999 and headquartered in Lima, Peru, is a financial institution that specializes in providing vehicle loans, particularly to entrepreneurs in the transportation sector. The company focuses on informal taxi drivers operating in low-income urban areas, addressing the needs of an underserved market that traditional financial institutions often overlook. By offering accessible credit solutions, Acceso Crediticio supports the acquisition of vehicles, including motorcycles, taxis, and utility vehicles, while promoting the use of clean energy vehicles to help reduce CO2 emissions. In addition to vehicle financing, the company provides various services such as debt purchase and recurring loans, aimed at enhancing the quality of life for its clients. As a subsidiary of Acceso Corp. S.A, Acceso Crediticio plays a crucial role in improving financial inclusion in Peru.
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