devinitorg/iati-policy-markers huggingface dataset:
Santander GHP Br The indicative proposed investment consists of a 3-year loan of up to US$150 million to Banco Santander (Brasil) S.A. (Santander or the Bank), an existing IFC client since 2009. The Project aims to support the Banks consumer finance lending to healthcare services Micro, Small and Medium Enterprises (MSMEs) as well as doctors and health professionals to purchase medical equipment (MedTech) to meet the increased service demand to fight COVID and further equipping the Brazilian health system for future resilience (the Project). In addition, up to 30 percent of the loan may be used to finance working capital needs for MSMEs (MedTech manufacturers or distributors and healthcare services providers). As a result of the proposed use of proceeds, this Project is processed under the Global Health Platform (GHP), a US$4 billion IFC program with the objective of mobilizing private investment to close the healthcare supply gaps in the wake of Covid-19. The Project is expected to improve the availability of financing to MSMEs as well as doctors and health professionals to (i) continue to address the immediate COVID crisis by expanding access to relevant MedTech for the diagnosis and treatment of COVID patients and (ii) support the ongoing strengthening of services for this pandemic and future preparedness with response capacity by further equipping the healthcare system and contributing to address supply demand gaps.
Fibra Mobiliz Established as a multiple bank in 1987, Banco Fibra S.A. (Fibra or the Bank) is one of the leading mid-sized Brazilian banks operating in the middle market segment. As of December 2009, Fibra posted total assets of R$11.8 billion and credit portfolio of R$5.5 billion, with net income of R$101.7 million. In March 2010, the Banks total assets reached R$8.5 billion, with credit portfolio of R$6.4 billion and net income totaled R$29.0 million in the first quarter of the year. 

The project involves the provision by IFC of a local currency indexed A Loan for an amount of up to $15 million. The project also includes a B Loan, for an amount of up to $75 million. The proceeds from the A and B Loan will be used by the Bank to expand its lending activities involving SME companies. Fibra has expertise in credit operations, particularly involving SME borrowers. The two major development impacts embedded in this project are: (i) expanding access to credit to underserved SME segment; and (ii) helping maintain a competitive environment in the concentrated Brazilian banking sector.
Lojas Americanas S.A. II Lojas Americanas (LASA or the company) is one of the most traditional retail chains in Brazil with a broad range of convenience food, apparel and general merchandise items. In activity for 74 years, the company has 121 stores located around 18 states and in the Federal District of the country, with a concentration of 62% of its stores in the Southeast region. The chain employs around 7,800 people and sells more than 80,000 items from 3,000 different companies. In June 1999, the company launched its web-based retail operations (Americanas.com), which currently receives more than 1 million visitors monthly. LASA is also active in providing financial services, through its fully owned subsidiary Facilta Serviços e Propaganda S.A., which has been operating in the market since 1984. In 1998, in partnership with other companies, Lojas Americanas launched the Smart Club, the first multi-loyalty program in Latin America.  The proposed project aims to finance the following components:  -  Capital investments to support the expansion of stores in all regions of Brazil, focusing in the North, Northeast and Midwest; -  Expansion of Americanas.com,  -  Upgrade of management information systems and -  Working capital requirements.
Golden Grass The projects main objective is to support SME lending through a key financial intermediary, Banco Bradesco S.A. (the Bank or Bradesco). Addressing the lack of access to finance for SMEs is a strategic priority for IFC as it is a clearly identified constraint to shared prosperity and poverty reduction observed in many emerging economies. The Project will continue to support an existing relationship between IFC and Bradesco, one of the most solid financial groups in Latin America and that has deep footprint in the Brazilian economy. Project Impact - Stakeholders: The Project aims to close the country's wide SME finance gap by enabling Bradesco to offer financing options to small and medium size enterprises ("SMEs") organized under the APL (Arranjos Produtivos Locais). Bradesco has a strong track record of serving clients across the country, including regions such as the North and Northeast of Brazil. 

Market Impact - Integration: The Project will enhance financial connectivity within the SME financing market and thus strengthen the SME value chain by demonstrating to other lenders operational efficiency gained through the partnership with APLs.
BanSicredi Guarantee The Project (Bansicredi Gtee) will provide Banco Cooperativo Sicredi (the Bank or Bansicredi) additional liquidity and is intended to support credit portfolio growth of the Sicredi System, whose membership is largely a target market that IFC cannot access directly. Bansicredi is the bank of the Sicredi System, the second largest cooperative system in Brazil, which includes 100 credit cooperatives, with 2.5 million members and 1,258 client service branches throughout Brazil. -	Increase access to finance to SMEs in regions outside of the main urban centers.  -	Increase funding for agribusiness.  -	Promote a more efficient funding mechanism compared to the current funding model.
Softwell Project Softwell Solutions em Informatica Ltda. (Softwell) was launched in 2007 in Salvador, Brazil.  The Company owns a suite of software products called Maker, created to facilitate and accelerate new software development.  Softwells clients include Brazilian IT service companies, IT departments of government institutions and private sector companies (especially small and medium enterprises) that have a need to develop customized software applications to run their businesses.

The proposed project consists in the deployment of the Companys product road map and in funding Softwells capital requirements for expanding its operations domestically and internationally.  The project will be funded through a financing round of up to $9 million, of which IFC will invest up to $4.8 million.

From a developmental standpoint, it is important to support the growth of software companies such as Softwell, as their products have a potential to reduce operational/transaction costs of IT software clients both within and beyond Brazil.  Further, supporting software companies would enable Brazil to move up the value chain in the global IT space, provide quality employment opportunities in leading edge technology development, and help demonstrate the ability to produce world class software in emerging markets. An investment in Softwell will have, in particular, the following key development outcomes:
Promote higher-end technology product development in Brazil, thus supporting the countrys move up the value chain in the technology space;
Address local market demand for IT software and services across a wide range of industries and contribute to Brazils nascent software export industry;
Benefit local population in the state of Bahia through job creation and skill development;
Help a successful entrepreneur-led business to develop and retain highly skilled labor in Brazil;
Lower software development and maintenance costs for local companies; and
Reduce energy consumption (measured in KWh) utilized in the development of software applications.
BICBanco II Banco Industrial e Comercial S.A. (BIC or the Bank) is a privately-held bank founded in 1938. With assets of $3.1 billion and equity of $255 million as of June 2006, BIC is among the leading mid-sized Brazilian banks operating in the middle market segment, ranking 12th and 17th among private-sector banks in terms and total loans of total assets, respectively. The Banks strategy is focused on corporate lending to middle market companies ($13 million to $130 million in annual sales) with a portfolio of over 5,000 clients in various regions of Brazil.  It also grants loans to individuals, mainly through consigned credit (payroll-deducted) to public-sector employees and pensioners.   The project involves a subscription by IFC of a cross-border, local currency-denominated note (the Note) to be issued by BIC for an amount of up to $40 million-equivalent.  The Note proceeds will be used to support the Banks lending activities involving small and medium-sized companies. Development impacts include:   - increase banking penetration to the still underserved small and mid-cap segments, which support domestic employment and economic inclusion; and  - promote greater competition in the Brazilian corporate banking segment by supporting a leading mid-sized bank that focuses on underserved market niches, but which has a structural funding disadvantage vis-à-vis the large retail banks.   The project will help BIC mitigate this by increasing and diversifying its local currency funding base and strengthening its liquidity.
Bauducco COVID The proposed IFC investment consists of an A loan to Pandurata Alimentos Ltda (Bauducco or the Company). Bauducco, founded in 1952, is a baked products company headquartered in Brazil, producing long shelf-life bread, panettones, toasts, and other baked products. The Company produces baked products under 3 complementary brands (Bauducco, Visconti and Tommy) to target different consumer segments.  Bauducco is currently carrying out an investment program of about US$40 million over the next 2 years to expand its Bonsucesso plant to install an additional bread production line (the Project). The Project is expected to have positive economywide impacts in terms of job creation and value added, driven largely by the expansion of bread lines.
In terms of market impact, Bauducco is expected to increase competitiveness of the sector through demonstration and replication effects.
Sanasa Loan The investment consists of a loan of up to US$50 million equivalent in BRL (approx. BRL260 million) for IFCs own account to Sociedade de Abastecimento de Água e Saneamento S.A (Sanasa or the Company). The proceeds will be used to finance part of the Companys capital expenditure (CAPEX) plan 2023-2025, geared at improving its water supply and sewage infrastructure contributing to achieving its 100% service coverage objective, growing operational resiliency, enhancing service quality, and increasing efficiency (the Project). The Project will improve access to water and sanitation services, as it encompasses investments to increase Sanasas capacity of sewage treatment plants, as well as water distribution capacity. Furthermore, IFC anticipates the Project will contribute to GHG emissions reductions derived from a more GHG-intensive to a less intensive treatment technology. The Project will contribute to increase competitiveness of the sector by supporting a top performing municipal-owned water company incorporating innovative wastewater treatment processes and technologies to generate additional revenue and reduce operating costs. These innovations are replicable and enhance the financial and economic viability of water utilities business model, and can ultimately contribute to attracting private sector participation.
HDB Project The Project will help Hidrovias do Brasil (HDB or the Company) expand its ports and river transportation platform to address logistics bottlenecks mainly for agricultural and mining commodities. It will also support regional development by promoting investment in northern Brazil and integration in the Southern Cone through projects in the Parana-Paraguay waterway. The Project is expected to have high development impact by helping unlock waterway transport in Brazil to open trade for inland areas, increase grain handling capacity and relieve logistics bottlenecks for exports. It will also strengthen regional linkages (mainly, the Southern Cone) and in principle mitigate GHG emissions by replacing rail/road transport and road damage, congestion and risk of truck accidents. It will create jobs in construction and operation of new infrastructure, and will support public revenues through tax payments.
Fitesa Project Fitesa S.A. (Fitesa or the Company) is one of largest global manufacturers of nonwoven spunmelt textiles for medical, hygiene and industrial sectors. With headquarters in Porto Alegre, southern Brazil, Fitesa operates 23 plants and 5 innovation centers across 13 countries. Fitesa has been a key player in increasing the supply of nonwoven materials used in medical masks, respirators and other healthcare products whose demand has surged as a result of the COVID-19 pandemic. Fitesa is undergoing an expansion project to increase its capacity in Brazil. The most significant, expected project-level outcome is the increased delivery of raw materials for healthcare personal protective equipment ("PPE"). This will strengthen the availability of these materials in the region. IFC expects that its intervention will promote greater stability in healthcare provision by strengthening the supply chains relied upon to fill the growing need for medical supplies, especially PPE.
Wow Nutrition The proposed investment is an up to $40 million investment in the form of an equity and/or debt in BS&C Empreendimentos e Participações S.A. (Wow Nutrition or the Company). Jointly controlled by the Chang family (60%) and One Equity Partners (OEP) (40%), the company is the second largest healthy beverage player in Brazil. Wow Nutrition is engaged in the production and distribution of still drinks (78% of revenues) and also has activities in the diet and light food segments (16% of revenues) as well as in infant nutrition (6% of sales). Wow Nutrition has a corporate office in São Paulo, a processing plant and a distribution center in Caçapava, a processing plant in Manaus and a sales office in Fortaleza. (i) Employment Generation: Since the Project intends to support Wow Nutrition''s growth plans, as the production increases, the employment of local professionals will also increase (most of the employees are hired locally and regionally); (ii) Frontier Region: The Project entails the procurement of fruit pulp sourced from the Amazonia region, fostering economic development in frontier regions, which are highly dependent on the agricultural sector for income generation; (iii) Downstream impact: the Company has a sizeable impact with its downstream process, operating with 124 exclusive distributors (26% located in frontier regions), which employ on average 45 people each, and reach currently in total 200,000 points of sale;  (iv) Supply Chain E&S Performance: Wow Nutrition sources fruit pulp from all over Brazil and works with small, medium and well established suppliers; (v) Stable demand for domestic suppliers: Wow Nutrition provides a stable and growing market for domestic input providers; (vi) Energy Efficiency: The project entails the construction of a power sub-station to capture high-tension voltage energy. The investment should have a significant impact on water consumption.
Vonpar Alimentos Vonpar Alimentos S.A. (Vonpar Alimentos or the Company) has an investment program for 2011-2013 to the relocation and expansion of its chocolate manufacturing plant, to be located in the city of Arroio do Meio, Brazil and the expansion and modernization of the Companys dairy and candy businesses. IFC's investment in Vonpar will have a direct and significant impact in the region's development:  (i) The company works together with about 1,133 farmers that produce milk for Vonpar, and Vonpar provides technical assistance to the farmers it sources raw milk from, with dedicated staff, and will support the farmers in  improving the quality of milk in light of the new milk safety regulations that are expected to come to effect in 2012; and (ii) although the production staffing needs will decline in the new chocolate factory due to increased automation and efficiencies gained from co-locating the candy and chocolate plants, increased employment is expected in the transportation, sales and promotion staff as sales of the company continue to increase.
Valor IV Project The proposed is an equity investment of up to $20M in Valor Venture Fund IV (Fund IV). Fund IV is Cayman domiciled, investing in early stage technology companies in Latin America (LAC), predominantly in Brazil 1. Increased access to early stage equity and operational value add for technology companies in Brazil. The fund will provide access to equity and value-creation for investees by helping raise follow-on capital, introducing experts into portfolio companies to accelerate growth and leveraging their networks and relationships to enable scale. The fund has demonstrated success with their previous funds. Access to VC in Brazil has increased significantly over the last few years but remains low compared to the size of its economy. The country's penetration rate (VC investment volume relative to the size of the economy) of 0.07 percent is only half that of the total emerging market penetration rate. 2. Increased disruption of key markets through the support of market-disrupting digital business models: The Fund is supporting investees developing tech-led innovative solutions to disrupt various real sector business models. IFC expects this will increase competitiveness across markets in Brazil that are characterized by low productivity, poor efficiency and low competition. The investees' innovative businesses models can strengthen supply chains by reducing the role of brokers and intermediaries, improve price transparency, and have a demonstration effect by catalyzing replication from new entrants. In markets where investees grow rapidly and become sizeable market players, innovation at scale can generate large impacts on a market's competitiveness by pushing traditional players to innovate or reducing traditional incumbents' market share.
Sociedade de Credito Do Microemreendedor Established in 1998 as a joint venture between Fininvest and the municipality of Rio de Janeiro, today RioCred operates as an NGO.  As of December 2000, it had approximately 1,400 active clients and an outstanding portfolio of US$770,000. The project consists of converting RioCred into an SCM (the Portuguese acronym for "Credit Corporation for Microentrepreneurs"), a financial institution regulated by the Brazilian Central Bank. Thereafter it will be called MicroInvest. In the process of incorporating RioCred into an SCM, Fininvest will acquire the participation of the municipality.  Fininvest plans to revamp RioCreds operations by drawing on its considerable experience in low income consumer lending. Fininvest sees IFC as a strategic partner which, more than providing financial resources, will help the company develop its business, by bringing to bear its worldwide exposure and network of contacts in the microfinance industry. More importantly, IFC will be supporting a microfinance institution whose main sponsor, Fininvest, is willing to approach microfinance as a sustainable business. Should this approach succeed in Brazil, others will certainly replicate it. Sustainable microfinance institutions, in turn, would bring to a different plateau the access to credit for a large number of microenterprises, which are an important engine of economic growth and social development in most emerging markets including Brazil. This project fits well with the World Bank country assistance strategy for Brazil (CAS, March 2000), as it represents an important step towards improving financial intermediation, providing sustainable financing mechanisms for small and medium sized enterprises (SMEs) and increasing income earning opportunities for the urban poor. It is also in line with the World Bank Group strategy for SMEs, which is underpinned on: expanding access to capital for SMEs; building capacity in the locally-based institutions that support SMEs; and improving the business enabling environment.
BBA - Subordinated Debt As of March 2001, BBA-CA ranked 11th in size among all private banks operating in Brazil, and 5th among privately owned domestic banks, with total assets of approximately US$6.3 billion and net worth of approximately US$486 million.  Unlike the big three private sector banks in Brazil  Bradesco, Itau, and Unibanco  BBA-CA does not view itself as a universal or multiple financial institution, as its operations are principally focused on wholesale banking and because it does not have a large retail client base with a significant retail banking franchise.  The bank provides its corporate customers with credit facilities, trade finance, foreign exchange, derivative products, underwriting facilities, and advisory services on mergers, acquisitions and privatizations.   In addition to its core wholesale banking business, BBA-CA also has an active proprietary trading book and offers its clients asset management services, private banking services and consumer finance products.       In light of deteriorating world-wide economic conditions and possible contagion from the Argentine crisis, IFC considers it important to support the Brazilian banking sector, particularly the wholesale banking sector.  Therefore, IFC''s further investment in BBA will give an important signal to the market of its support of this sector, particularly given the current crisis in Argentina .
SMTO Biomethane The proposed IFC investment consists of an A loan financing package to Sao Martinho S.A. (Sao Martinho). Founded in the 1930s by the Ometto family, Sao Martinho is a sugar, ethanol and renewable energy producer in Brazil. Sao Martinho currently operates three sugar mills in the state of Sao Paulo and one distillery in the state of Goias.                                          . IFC expects the Project to have environmental effects by contributing to climate mitigation through production of biomethane. The Project will also generate economy wide impact through job creation and value addition. Beyond the Project, IFC anticipates that the investment will contribute to environmental sustainability by demonstrating the commercial feasibility of producing biomethane from vinasse.
Banco Bradesco, S.A. - Syndicated Credit Line Summary Of Project Information (SPI)       Project Name    Brazil - Banco Bradesco, S.A. Syndicated Credit Line                Region    Latin America      Sector   Project No007127   Projected Board DateMarch 31, 1996   Company NameBanco Bradesco, S.A.   Technical Partner and/or Major Shareholders    	Bradescos major shareholders are:  Cidade de Deus Cia. de Participacoes Comerciais (44.6% of common shares), Fundacao Bradesco (16.4%).  The balance of Bradescos common shares is held over 2 million shareholders, including Deutsche Bank, Sanwa Bank, and Bradesco employees.    Project Cost Including proposed IFC investment    	A US$100 million syndicated credit line, including:  an A loan of up to US$40 million for the account of IFC, and a B loan of up to US$60 million for the account of participating banks.    Location of project and Description of site    	Brazil    Description of Company and Purpose of Project     	The project consists of a credit line which will provide critical US dollar medium-term financing for the expansion, modernization, and financial restructuring of small and medium-sized enterprises (SMEs) primarily located in the North and Northeast region of Brazil.  Banco Bradescos vast branch network and strong balance sheet will provide the vehicle for getting a critical mass of resources to SMEs in a reliable way.    Environmental Category and Issues    	This is a Financial Intermediary (FI) project according to IFCs environmental review procedure.  Bradesco will be required to undertake environmental reviews of sub-projects.  IFC will assess Bradescos capability to carry out environmental reviews.             Date SPI sent to PIC March 4, 1996      For Additional Information contact:  Corporate Relations Unit -   telephone: (202) 473-7711   facsimile: (202) 676-0365