devinitorg/iati-policy-markers huggingface dataset:
Americas Energy Fund II Clean Energy, L.P. The project entails a US$25 million equity commitment, not to exceed 20% of total commitments, in Americas Energy Fund II Clean Energy, L.P. (the Fund), a ten-year closed-end private equity fund seeking to raise US$125 million to invest in 6-8 projects in the clean energy and energy efficiency sectors of Latin America and the Caribbean (LAC). (i) Reduction of CO2 and other greenhouse gases: the Fund will invest in clean energy and energy efficiency projects, thereby reducing carbon emissions; (ii) Economic development and job creation: the Fund will provide equity capital to help develop and grow projects in the region, which will help promote economic growth and create jobs in local economies; (iii) Private sector demonstration: the Fund will strengthen investees from a financial, operational, management, and ESG perspective, thereby 1) helping to make local entities attractive to investors/acquirors, and 2) demonstrating the business case for clean energy projects and encouraging further private investment into the sector.
Project Name Pending Note on Disclosure: pursuant to paragraph 9 (d) of IFCs Disclosure Policy, the disclosure of the Project Name and Company Name of IFCs investment is being delayed because of risk of impacting market conditions. In due course, a revised SPI will be published containing all standard SPI information.

The Fund is a 10-year closed end private equity fund with up to two years of extension period that will invest in clean and low-carbon energy infrastructure and growth stage clean technology companies in Latin America with a focus on Brazil, Mexico, Peru, Colombia and Central America. Target sectors include: (i) renewable energy e.g. small hydro, wind, solar, geothermal and biomass; (ii) energy efficiency e.g. energy service companies, industrial cogeneration and demand-side management related service and products; (iii) transportation efficiency e.g. hybrid vehicles, fleet vehicle conversion, energy storage and biofuels; and (iv) climate and environment e.g. carbon finance and emission credit projects. The Fund target is US$150 million, and it can accept up to US$250 million in commitments. (i) Reduction of CO2 and other GHGs: The Fund will invest in renewable energy and clean technology projects contributing to a reduction in carbon emissions; and (ii) Demonstration Effects: The Project will strengthen investees both from a financial and governance perspective and help them scale up their operations thus making them attractive targets for investment and acquisition. It would demonstrate the business case for clean technology projects and encourage private investors to invest in this sector.
Omni Equity The project consists of an equity investment for a minority stake in Omni Management Company, Ltd. (Omni, or the Company), a supply chain financing platform providing invoice and revenue-based financing solutions for middle-market companies and SMEs in Brazil, Chile and Colombia. IFC is proposing US$10 million in preferred equity financing to support the Companys operations and regional expansion. Through this investment, IFC will support a specialized technology platform in its efforts to leverage digitization trends and regulatory developments to bring quality improved trade finance solutions to suppliers across Latin America.
IFC anticipates that the project will scale a digital supply chain finance platform contributing towards reducing information asymmetries in the market by fostering digitization of transactions, improving access to data & analytics, and bringing best practices from Chile and Colombia to new markets.
Sura Holding EQ The proposed project is intended to strengthen Latin America''s private pension fund management industry in a regionally integrated manner by supporting Grupo de Inversiones Suramericana S.A (GrupoSura) in its expansion plan. IFC''s involvement in this project would allow it to positively impact the market place by contributing to the development of a strong local pension system in Mexico, Chile, Colombia, Peru and Uruguay. This is of the outmost importance as pension funds plays a critical role in terms of generating long term financial resources for investments in priority sectors of the economy such as infrastructure among others. At the same time, the development of pension systems and capital markets are closely interrelated. As pension funds grow, new financial instruments are developed to meet their needs and to fill perceived gaps in the market, facilitating the growth and modernization of the local capital markets.
Monashees X The proposed investment is an equity investment of up to US$20 million in Monashees Fund X, (MFX or the Fund), a Delaware domiciled fund focused on investing in early stage technology companies in Latin America. The fund is a Delaware Limited Partnership that is managed by Monashees Partners, X LP, a Brazilian-based fund manager, The IFC is also requesting a US$20 million delegated authority co-investment envelope. 1. Increased access to early stage equity and operational value add for technology companies in Brazil and Latin America. 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 and across Latin America 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.
Ignia Fund I, LP IGNIA Fund I, LP (Fund) is a closed-end private equity fund that will make equity investments in small and medium-sized enterprises (SMEs) that serves the Base of the Pyramid (BoP) in Latin America.  The Fund will be managed by Promotora IGNIA, S.C. (IGNIA or the Manager) and will primarily focus on companies in healthcare, housing, education, nutrition, and basic utilities. - Private sector development: The Fund will add value to its investee companies, by providing managerial and strategic support to improve their competitiveness and sustainability.

- Implementation of best practice for corporate governance in portfolio companies: The Fund will adopt international best practices for corporate governance and management, as well as transparency, thus fostering knowledge and skill transfer, and encouraging best practices across the industry.

- Support for SMEs:  The Fund is expected to invest predominantly in SMEs.  

- Proof of concept: The Fund is expected to demonstrate proof of concept and roll out other similar funds targeting the base of the pyramid in Latin America and other emerging markets.
LAAD expansion The project consists of an IFC investment of up to $20 million to the Latin American Agribusiness Development Corporation S.A. (LAAD or the Company), an existing IFC client, to be on-lent to small and medium (SMEs) exporting private agribusiness enterprises in Latin American countries. The IFC investment will directly support the Companys portfolio growth.   LAAD is financial intermediary specialized in lending to agribusiness SMEs, which are the economic engine of rural Latin America and earn hard currencies to their home countries. LAAD operates in 15 Latin American countries. LAAD supports farmers producing a variety of products, ranging from soybean and grains to livestock, fruits & vegetables and flowers and ornamental plants for exports. LAAD supports local, in many cases family-owned, businesses and long term investments in agribusiness. LAAD offers medium to long term financing. In turn, LAADs main longest term funds providers are IFC, Rabobank and Bank of America. The project will strengthen access to medium and long term capital to players of a size and in an industry that traditionally have limited access to adequate funding. IFC will also help scale up LAAD, a successful financial intermediary that is continuing its regional diversification throughout Latin America, thereby contributing to the development of financial access throughout the region.   The monitorable indicators of the development impact of the project will be: - financial return and economic return;  - loan portfolio growth;  - non-performing assets;  - number and amount of disbursements;  - number of permanent and seasonal jobs created by LAADs sub-projects; and - environment compliance monitoring.
NXTP Fund III NXTP Ventures Fund III (NXTP Fund III, LP, Fund III or the Fund), is a Cayman domiciled venture capital (VC) fund focused on investing in early-stage (Seed and Series A) technology companies in Latin America (LatAm). Fund III is targeting a total raise of US $110 million, with first close of $40 million planned in Q2 2022. Fund III is successor to NXTP Ventures II, a 2018 vintage fund with $31M in commitments, and NXTP Labs (Fund I), a 2013 vintage accelerator with $20M in commitments. i) The Fund is expected to provide value creation by providing operational support, access to follow on funding and networks. The previous funds show a good track record and during due diligence information on the average investee IRR, follow-on funding and value creation strategies used by the fund will be assessed to set targets and assess the intensity of the project.

ii) The Fund is expected to support innovative tech startups that can disrupt various traditional sectors. The investees 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.
Real LRIF Project The proposal is for a US$15 million equity investment, not to exceed 20% of total commitments, in the Latin Renewable Infrastructure Fund LP (LRIF or the Fund), a 10-year closed-end private equity fund seeking to raise US$150 million to invest in 8-12 infrastructure projects in the renewable power and energy efficiency sectors of Latin America and the Caribbean (LAC). (i) Reduction of CO2 and other GHGs: Fund will invest in renewable energy and cleaner technology projects, thus contributing to a reduction in carbon emissions; (ii) Economic and private sector development: Fund will provide  equity capital and project financing to help promote growth and job creation in local communities; (iii) Demonstration Effects: Fund will strengthen investees both from a financial and governance perspective and help them scale up their operations ,thus making them more attractive targets for investment and acquisition. This will help to demonstrate the business case for renewable energy and clean technology projects and encourage private investors to invest in this sector.
GWFP Nitron 2022 The proposed investment consists of 2 unfunded participations totalling up to USD 80 million by IFC in 2 trade finance facilities in favor of Nitron Group Corporation (Nitron). The purpose of the facilities is to help finance the purchase, storage and transportation of fertilizers by Nitron for sales into primarily Latin America as it is the single largest trading supplier to the region, Africa, and to a lesser extent Europe and Asia. Project outcomes  Contribute to the agriculture sector in LAC and globally by increasing reliable fertilizer supply to farmers. The transaction will help farmers to improve crop yields and increase supply of fertilizers and reinforce food and nutrition security. The larger available trade finance lines will allow Nitron to reach a wider range of customers and suppliers.  Stakeholder effects: Increased access to fertilizers for farmers: The main stakeholders are local farmers who import fertilizers to grow their crops of agricultural commodities. In 2021, Nitron sold 6.4 million metric tons of fertilizers to LAC. Currently, fertilizer application rates in many LAC and emerging markets are significantly below international averages, which negatively impacts crop yields and farmers profitability. The greater access to fertilizers is of particular importance given the restricted availability of liquidity and the constraints with respect to country/obligor limits in emerging markets.  Market Creation:  Integration: IFC expects the Facilities, through the demonstration and replication channel, to contribute to the strengthening of financial integration of the fertilizer value chain in the markets where Nitron operates. In this way, Nitron is expected to attract other private sector banks to finance the growth of its trading activity. This would be due to the markets positive reaction to IFCs continued support of Nitron.  Resilience: The supply in trade finance, in LAC and elsewhere, has been negatively affected by the declining trends in cross border banking networks. IFCs continued participation in the facility should maintain/ increase the number of banks interested in working with Nitron. IFCs participation in the financing will help to ensure participation of other cross border banks, supporting a larger amount of much needed fertilizer imports into LAC.
SP Ventures II SP Ventures AgVentures Investment Fund II LP is a special limited partnership, established as Alternative Investment Fund in under the laws of the state of Delaware, USA. SP Ventures Gestora de Recursos Ltda (Investment Advisor) established under the laws of Brazil will be the management company and AgVentures II GP, LLC the General Partner. The Investment Advisor and General Partner are owned by the partners in SP Ventures The main project-level outcomes are (i) increased access to early stage equity for agtech entrepreneurs in LAC, including in under-penetrated parts of the region and to female founders; (ii) increased investee growth through the Fund Manager's value creation; and (ii) increased productivity for farmers/producers (who are customers of the investee companies). In terms of market creation, it is expected that the Fund will increase competitiveness by expanding the agtech ecosystem across LAC.
Latin American Agribusiness Development Corporation S.A. The Latin American Agribusiness Development Corporation S.A. (LAAD or the company), an existing IFC client, is a financial intermediary founded in 1969 by a group of leading international agribusiness and financial companies to finance private agribusiness SMEs in Latin America. LAAD focuses on export oriented companies, with loans ranging from $200,000 to $2,000,000. LAAD is involved in a broad variety of agribusiness sub-sectors, from soft commodities such as soybean, coffee, palm oil, shrimp or rice, to roses, orchids, bananas, plantains, stone fruits and ornamental plant production.
Solidus S.A. The proposed project is the creation of an investment company named Solidus (the company) which will make quasi-equity type investments in microfinance institutions in the Latin America and the Caribbean region (LAC).  The IFC investment will be an equity investment of up to $3 million. Other co-investors are expected to be financial institutions like IDB, Norfund, Finnfund, KfW and Desjardins.  The management company will be Cyrano Management, a fund management company experienced in debt investments in microfinance institutions (MFIs) in LAC and other regions.  Cyrano Management will also be a shareholder of the company with a small equity stake. 

The purpose of the project is to fill in a gap for quasi-equity type funding which is expected not only to grow the capital base of the MFIs but also to diversify and improve their overall capital structure.  Through this investment IFC would encourage financing to commercial MFIs, thus supporting the development and growth of microfinance sector in LAC.
LAAD Green Project The proposed project consists of an US$80 million green loan to Latin American Agribusiness Development Corporation S.A., an existing IFC client, to support its expansion to finance green Latin American SME agribusinesses. The Loan is composed of an up to US$50 million A loan and an up to US$30 million B Loan mobilization.  The use of proceeds will be exclusively focused on financing green eligible agribusinesses, with qualifying underlying projects likely to include renewable energy generation, energy efficiency improvement, water use and efficiency, and sustainable agricultural practices. The most significant, expected project-level outcome is increased access to climate finance in targeted countries in Latin-America and the Caribbean. In particular, the Project will target climate-smart agribusinesses that are mostly SMEs and will help LAAD to increase its capacity to monitor green loans. In addition, IFC anticipates that the Project will strengthen green finance standards in the country which will encourage replication by other institutions in the country, thereby contributing towards increased environmental sustainability through the demonstration and capacity building channels.
Belcorp Project Belcorp (the Company) is an international corporation with 40 years experience in the manufacturing and sale of cosmetics.  Belcorp is the third largest cosmetics company in Latin America after Natura and Avon, selling its products in 15 countries in LAC, as well as a small operation in the USA. The Companys main production facility is located in Colombia with a capacity of 500,000 products per day, from where it exports to most countries in the region.   Belcorp employs over 8,920 people and operates through a direct sales model with a network of almost 1 million consultants who sell Belcorps brands (Ebel, Esika and Cyzone) across the region.  IFC will support Belcorps investments plan for the period 2011-2013 that comprises the following main components: i. expansion of production capacity of the plant in Colombia; ii. construction of a new plant in Mexico; and iii. working capital to support the entrance of Belcorp in Brazil (the Project). Strong development impact through the generation of 8,920 direct jobs across the region and 1 million of indirect jobs for women through the direct sales market model.
AMERRA III Project table, .k-table{ border-collapse:collapse; width:100%; table-layout:fixed; margin-bottom: 15px;} .k-table, .k-table td, table, table td {outline: 0;border: 1px solid #000; } .k-table td, table td { padding: 5px; }       AMERRA Capital Management, LLC, (AMERRA) is an investment manager, focused on providing customized agriculture-focused and commodity-based finance solutions to producers, processors, distributors and traders, mainly in the Americas.    AMERRA has over US$1.8 billion in assets under management across several funds and accounts managed for single institutional investors.     In 2012 and in 2014, IFC approved two medium-term loans to support an AMERRA-managed fund totaling US$60 million which has since been repaid as loans in the debt portfolio began maturing. IFC is currently considering providing two further loans totaling up to US$100 million to help AMERRA in support of its newly launched AMERRA Agri Fund III, L.P. (Onshore III) and AMERRA Agri Offshore Fund III, L.P. (Offshore III), increasing the capital they have to lend (the Project).    The two funds will have similar portfolios and the distinction is that Onshore fund is open to most U.S. institutional investors whereas the Offshore Fund is available to non-US institutional investors and tax exempt U.S. investors. i) Contribution to food security: The Project will provides liquidity to the food supply chain, ensuring agribusiness companies (and the farmers linked to them) have the funding need to produce efficiently, contributing to food security. Many AMERRA clients are low cost producers of exported food commodities, contributing to making staple foods as inexpensive as possible.
 
ii) Despite their contribution to food supply and rural livelihood, smaller and medium-sized agribusiness companies (and the farmers that supply them) have historically had insufficient access to finance from private sector sources, in particular finance that extends for more than one crop season. The unfavorable supply-to-demand dynamics for financing to this segment continues to deteriorate as commercial banks who had been operating in some parts of the supply chain continue to retreat from it to meet capital requirements. The Project supports the launch of the next generation of closed-end funds from a firm whose business model has successfully intermediated capital from institutional investors in North America that have not historically not invested significantly in these agribusiness segments in the emerging markets.
GWFP Nitron 2019 The proposed investment consists of an unfunded participation of USD 50 million by IFC in a trade finance facility (the Facility) in favor of Nitron Group Corporation (Nitron). The purpose of the facility is to finance the purchase, storage and transportation of fertilizers by Nitron for further sales to Latin America and Africa. The facility is expected to continue having the following development impacts: (i) development of the agriculture sector in Latin America and Africa by increasing reliable fertilizer supply to farmers; (ii) improvement of crop yields in emerging markets; strengthening of financial integration of the fertilizer value chain in the markets where Nitron operates.
Sociedad Nacional de Procesamiento de Datos S.A. Sociedad Nacional de Procesamiento de Datos, S.A. (SONDA or the company) is one of the largest independent IT services providers in Latin America.  Founded in 1974 in Santiago, Chile, SONDA is a one-stop shop for IT services and products.  The company offers hardware and software product sales, systems integration, financial and administrative solutions (such as enterprise resource planning (ERP), payroll solutions, core banking systems), training services, and a variety of outsourcing services.  With over 3,700 employees, SONDA provides IT products and services to eleven Latin American countries.  
  
SONDAs near-term growth strategy consists of consolidating its expansion in the region.  To this effect the company bought an IT services provider in Brazil, in November 2002.  SONDA also acquired a Mexican IT firm Pissa in February 2004.  To consolidate these acquisitions and develop its business throughout the other countries in the region, the company expects an investment program of over $40 million over the next two years.