BOSTON, WASHINGTON, DC, JULY 18, 2024: Morgan Lewis advised Rosanna Ramos-Velita, chairman of the board and founder of Los Andes, in a $10 million equity investment from the Accion Digital Transformation Fund.
Los Andes is a microfinance entity that aims to support and serve Peru’s most vulnerable populations through financial inclusion, with more than 26 years of background working with these communities. Managed by Accion Impact Management, the Accion Digital Transformation Fund builds on global nonprofit Accion’s experience supporting banks and finance companies around the world to connect millions of people and small businesses to the digital economy.
Partners Carl Valenstein and Matthew Schnall and associate Julie Hernandez advised the founder of Los Andes.