Company name

Trendier Latam, S.L.

Project number

14014-01

Category C projects are those that are likely to result in very limited or no adverse environmental or social impacts or risks.

E&S category
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C

Country

Regional

Sector

Telecommunications, Media and Technology

Status

In implementation

Disclosed date

06/14/2022

Projected date at which a project will be put forward for the Board of Executive Directors’ approval.

Projected board date
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08/30/2022

Approval date

07/07/2022

Signed date

10/03/2022

Sponsoring entity

N/A

Team leader

Caicedo Toro, Andres Felipe

Investment type

Syndicated amount

N/A

Financing amount

USD $ 5,000,000

Currency

EUR

Project scope and objective

IDB Invest is considering an investment of up to US$5 million in Trendier Latam S.L. ("GoTrendier"). GoTrendier is the largest company for the purchase and sale of second-hand women's clothing, bags, shoes and accessories in Latin America, through a digital platform that allows users to market their products with other users. The Company was founded in Mexico in 2016, and expanded to Colombia in 2017. The capital investment seeks to support the acquisition of clients and the implementation of a brand association model, where third-party clothing brands will be able to sell clothing second-hand through the GoTrendier platform.

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Early disclosure

GOTRENDIER - ENVIRONMENTAL AND SOCIAL REVIEW SUMMARY (ESRS)

931.8 Kb

GOTRENDIER - ENVIRONMENTAL AND ACTION PLAN (ESAP)

358.4 Kb

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Contact information

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Alternatively, you may also use the following contact information:

Client Contact

CONTACT NAME

Ana Jiménez Sanchez

POSITION

Country Manager Colombia

PHONE NUMBER

+ 57 310 302 0306

EMAIL

ana@gotrendier.com.co

IDB Invest Contact

EMAIL

requestinformation@idbinvest.org

PHONE

+1(202)-566-4566

ADDRESS

1350 New York Ave NW, Washington, DC 20005

COUNTRY OFFICES

IDB Invest Country Offices

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