Konfío launched its first product version in 2014; a term-loan with fixed installments and maximum loan amount of USD $50,000. With a growing client base of thousands of small businesses, Konfío is positioning itself as the leading MSME lending platform, addressing an estimated market of USD 20 billion. Along with more than 2,000 companies worldwide, IFC uses its capital, experience and influence to create opportunities where they are most needed. In fiscal year 2017, IFC's long-term investments in developing countries amounted to $ 19.3 billion, helping the private sector play a vital role in the global effort to end extreme poverty and increase shared prosperity.

http://www.finchannel.com/business/68593-konfio-raises-10-million-in-second-round-of-financing-led-by-ifc