Funding Database
Ilu Women’s Empowerment Fund
Current as of: 2025-11-13
Description
The Ilu Women’s Empowerment Fund provides debt finance to businesses in Latin America and the Caribbean. Co-managed with Deetken Impact's strategic partner Pro Mujer, the Ilu Fund is a gender lens investing initiative focused on boosting women’s economic empowerment and entrepreneurship across the region. The Fund offers senior debt, subordinated debt and bridge loans to local businesses in the sectors of clean energy, financial inclusion, agriculture and aquaculture, heath, education and affordable housing.
Instrument Type
Debt
Type of loans provided
Senior debt
Junior or subordinated debt (non-convertible)
Bridge loan
Junior or subordinated debt (non-convertible)
Bridge loan
Range of loan tenors
2-5 years
Is the loan concessional?
No
Ticket sizes per transaction (EUR)
1 million - 3 million
3 million - 10 million
3 million - 10 million
Currencies used
US Dollars
Eligible market segments
Independent Power Producers
Captive power
Mini-grids
Energy efficiency
Stand-alone solar systems
Energy for productive use
Captive power
Mini-grids
Energy efficiency
Stand-alone solar systems
Energy for productive use
Special requirements pertaining to gender, diversity and local content
Deetken Impact is a member of 2X Global. Applicants that meet or exceed the 2X criteria are especially encouraged to apply:
- 51% women ownership or the business is founded by a woman
- 30% of senior leadership are women or 30% of the board or investment committee are women
- 30-50% of the applicant's workforce are women (depending on sector), with quality employment conditions in place
- Applicant's product(s) or service(s) specifically or disproportionately benefit women
Technical assistance
The Ilu Women’s Empowerment Fund implements technical assistance programs with different funding, which are provided to portfolio companies depending on availability.
Eligible regions under GET.invest mandate
Caribbean
Additional eligible regions not under GET.invest mandate
South America
Eligible countries under GET.invest mandate
Belize
Dominica
Dominican Republic
Grenada
Guyana
Haiti
Jamaica
St. Lucia
St. Vincent and The Grenadines
Suriname
Dominica
Dominican Republic
Grenada
Guyana
Haiti
Jamaica
St. Lucia
St. Vincent and The Grenadines
Suriname
Examples of past investments
Instrument Capitalisers
Ceniarth LLC
Apply
Eligibility criteria
For more information on eligibility criteria, contact the fund manager at the details providedApplication process
For more information on the application process, contact the fund manager hereCurrent status of instrument
Active Apply via EmailContact
Go to fund websiteHeadquarters
Vancouver, CanadaPhone
+1 (604) 731-4424 ext. 110Other branches
San Jose, Costa RicaFund manager
Deetken Impact
About
Deetken Impact, a Canadian Investment Fund Manager registered with Canadian Securities Commissions and its joint-venture partners manage diversified portfolios of investments in high impact businesses that deliver financial, social and/or environmental returns.