Challenge
As global supply chains become increasingly complex, insufficient logistics infrastructure can impede a country’s ability to compete and to access essential goods. Lower-income countries have significantly weaker logistics performance, according to a World Bank analysis, and poverty is often concentrated in poorly connected areas.
Solution and Impact
A $4.2 million DFC partial loan guaranty will help Trella Holdings BV strengthen its fast-growing digital logistics business in Egypt and Pakistan to map more efficient routes and connect more shippers and truckers.
The guaranty will mobilize a $6 million loan from the U.S.-based global sustainable debt lender ALMA to Trella, a digital logistics platform company with operations throughout the Middle East and South Asia regions. The Trella platform links truckers and cargo shippers via a mobile app to provide more visibility into demand for shipping services and help promote fair pricing and improved load utilization. This results in a more efficient transport of goods, higher incomes, and faster payments for truckers.
All of the funds provided under the guaranty will enhance the platform and increase Trella’s ability to reach more individual truck drivers and small and medium enterprises that often face significant challenges accessing steady and fair-priced business opportunities.
This project was profiled in 2022.