devinitorg/iati-policy-markers huggingface dataset:
Sociedad Agricola Viru S.A. The project entails:   - the overhaul and automation of the companys canning plant in the south of Peru (Chincha);  - the acquisition and development of new asparagus plantations with irrigation;  - the provision of permanent working capital and  - the refinancing of existing debt. The project supports the continued development of one of Perus leading agribusiness companies. It will improve Virus competitiveness in the production of asparagus, artichokes and peppers through better economies of scale. The expansion will benefit the local economy, which remains particularly important in affected rural areas in the departments of La Libertad and Ica.  Other benefits result from the continuation and expansion of benefits to employees, farmers, agricultural industry and community development.  Employment: the company will continue to be a major contributor to the local economy: it directly employs 2,247 full time workers in its plants and 2,282 full-time agricultural workers for a total of 4,558 employees (36% women and 64% men).  Farmer benefits: The company also procures part of its requirements from third parties who benefit from canning operations. Viru procures from about 120 independent producers of peppers and artichokes (approximately 1,800 has).  Industry diversification: Viru was the pioneer in artichoke production in Arequipa, where it was the first to introduce and promote production from third-parties in 2004.  As a diversification from asparagus, production of artichokes and peppers was almost non-existent in Peru five years ago and currently represent over US$100 million in exports.  Community development: Over the years, the company has built a constructive relationship with the communities where they operate. The company established a Social Responsibility Department (SRD) aimed to improve the quality of life of its workforce and the community, The SRD has focused its activities primarily on improving the educational system, security, and income generation.
BBVA PeruGreen2 The proposed investment consists of a six-year, senior unsecured loan of up to US$400 million to Banco BBVA Perú (the Bank), a subsidiary of the Spanish banking group BBVA (the Group). The main purpose of the proposed investment is to expand the Banks green building loan portfolio in Perú. The project is expected to be supported by the Market Accelerator for Green Construction (MAGC) Program as described in the Blended Finance Section. IFC's long-term financing is expected to contribute to the growth of the nascent green building finance market in Peru. Furthermore, the transaction will alleviate the impact of climate change from buildings by strengthening the Banks ability to structure green building financing following international best practices.

Beyond the project-level impact, IFC anticipates that the project will promote competitiveness in the financial and real estate markets. In addition, given the relatively underdeveloped state of the climate finance market in Perú, IFCs engagement will build capacity and set standards, using tools to assess eligibility and track environmental impact.
Maple Energy Maple Energy plc (Maple or the company) is an independent, privately-held integrated energy company with assets and operations focused in Peru. Maple engages in numerous aspects of the energy business, including exploration and production of crude oil and natural gas; refining and marketing of hydrocarbon products; gas-fired power generation and transmission and the development of an ethanol project.  IFCs proposed investments will finance Maples capital expenditure program in the short-to-medium term  (the project)  which will include:   - the drilling and well work-over programs and related activities aimed to extend production of its existing hydrocarbon fields;  - exploration and related activities in Maples hydrocarbon concessions; and  - the development of a greenfield ethanol project. - Increased Supply and Monetization of Natural Gas, Gas Liquids and Oil, and Consequential Reduction in Imports:  Maples capital expenditure plan is targeted to increase Perus indigenous sources of energy, particularly through extending production levels in currently producing fields and the monetization of stranded natural gas reserves (a clean fuel), gas liquids and oil, in the central east area of Peru. In addition, Maples proposed investments may potentially lead to new hydrocarbon discoveries.   - Creation of Markets and Production of Renewable Bio-fuels:  Maples entry into the production of bio-ethanol using locally harvested sugar cane grown on its own land using state-of-the-art irrigation drip systems will boost the agricultural sector in Piura, promote the use of efficient irrigation technology in the Chira river basin, and produce a renewable, less polluting indigenous fuel.  Maples ethanol production will allow for exports to international markets and will also be available for mixing with domestic gasoline which is expected to become mandatory in Peru in 2010.   - Contribution to Peruvian Government Revenue:  The project facilitates the production and sale of hydrocarbons and ethanol which provides an important source of revenue to the country through both upstream royalties and corporate income taxes.   - Creating Local Employment and Sourcing in Peru:  Maples various operations currently directly employ approximately 400 people in Peru. The planned upstream activities are expected to provide additional employment opportunities and exposure to skilled employment to Peruvians. In addition, Maples new ethanol venture will create direct new employment opportunities in Peru associated with the cultivation and subsequent harvesting of land to be planted with cane and the construction and operation of an industrial ethanol distillery. The project will also have an impact on secondary employment through services provided by local companies and contractors.  IFC plans to monitor the following development impacts:  - employment; - local/national purchasing; and - payments to governments.
BanBif Green SB The proposed investment consists of a subordinated loan of up to US$40 million to Banco Interamericano de Finanzas (BanBif or the Bank). The purpose of the proposed investment is to (i) jump-start and strengthen its green finance portfolio and (ii) strengthen the Banks regulatory capital base to support its growth. The project is expected to be supported with up to US$525,000 from the Market Accelerator for Green Construction (MAGC) Program as described in the Blended Finance Section. IFC anticipates that the Project will increase access to climate finance, including energy efficiency and green building projects that would enable businesses to improve their environmental footprint. The Project is expected to contribute to GHGs reduction and improve air quality by providing financing for green buildings and green projects.

Beyond the project-level impact, IFC anticipates that the project will promote competitiveness in the financial and real estate markets. In addition, given the moderately developed state of the climate finance market in Peru, IFCs engagement will build capacity and set standards, using tools to assess eligibility and track environmental impact.
MIBANCO, Banco de la Microempresa S.A. Mibanco provides financing primarily to micro-enterprises, but also extends consumer and commercial credit. Financing includes working capital, fixed assets, personal use and home mortgages. It is a rapidly expanding microfinance institution and as of March 2001, it had over 63,000 clients and a total loan portfolio of approximately US$40 million.    The proceeds of the proposed IFC investment would be used for on-lending to microfinance recipients in Peru, in particular micro-enterprises to whom Mibanco extends most of its credit. In the short-term the investment will allow Mibanco to continue its portfolio growth and expansion; however, the medium-term goal is to help the bank directly access the market to fund its operations.    Small and micro-enterprises in Peru are vital to the economy.  Estimates put the two together at 98% of firms, which generate 75% of national employment and 45% of the countrys total GDP. Unfortunately these sectors suffer from lack of access to and high cost of financing. Estimates indicate that less than 15% of small and micro-enterprises have access to the formal financial sector. The development impact of this transaction lies primarily in providing financial services directly to poorer segments of the population and to savers and borrowers who do not have access to the formal financial sector.
Latino Leasing, S.A. Summary Of Project Information (SPI)       Project Name    Peru - Latino Leasing              Region    Latin America and the Caribbean        Sector       Project No008484   Projected Board DateDecember 12, 1997   Company NameLatino Leasing S.A.   Technical Partner and/or Major Shareholders    	Latino is controlled by Inversiones Latinas (68.5%), a holding company owned by the controlling shareholders of Banco Latino (Perus fifth largest commercial bank).  Other shareholders in Latino Leasing include FMO (7.1%) and Corporacion Andina de Fomento (7.7%).  Latino Leasings shares are listed on the Lima Stock Exchange but do not trade.    Project Cost Including proposed IFC investment    	IFCs investment will be an A Loan of US$10 million Loan and an up to 15% equity participation in Latino Leasing.    Location of project and Description of site    	Peru    Description of Company and Purpose of Project    	Latino Leasing is Perus fourth largest specialized leasing company, with assets of US$78.3 million and equity of US$11.5 million at June 30, 1997.  IFCs Loan will help Latino Leasing to diversify and extend the term of its funding sources to finance capital goods and other equipment needs of Peruvian small-and medium-sized companies.  Up to 10% of the Loan could be used  to finance leases for microenterprises.  IFC has an important institution building role by supporting Latino Leasings growth and attractiveness to investors.      Environmental Category and Issues    	This is a Financial Intermediary (FI) category project according to IFCs environmental review procedure.  For relevant operations, Latino will be required to implement an environmental management system consistent with host country requirements and World Bank policies and guidelines.  For investments made in leases to microenterprises, the Company should ensure that the lessee complies with the applicable environmental laws of Peru, and that the investment is not an excluded item on IFCs microlending screen.  In addition, IFC will assess Latinos capabilities to implement the system.       Date SPI sent to PIC     November 11, 1997      This Summary of Project Information is prepared and distributed to the public in advance of consideration of the proposed transaction by the Corporations Board of Directors.  It is provided for the purpose of enhancing the transparency of IFCs activities and should not be construed as presuming the outcome of IFC Board consideration.    For Additional Information contact:  Corporate Relations Unit -   telephone: (202) 473-7711   facsimile: (202) 974-4384
RansaCorp Project The proposed investment consists of a loan of up to US$ 150 million to RANSA Corp S. L. and its Subsidiaries (the Company), a third-party logistics company (3PL) based in Peru and operating in the Andean Region and Central America. The proposed IFC loan will finance the companys expansion in the region, the acquisition of two companies, and the refinancing of RANSAs and its subsidiaries existing debt. By supporting Ransa Corp S.L and Subsidiaries, IFC best positions to increase access to Third Party Logistics services (3PL) in Latin America.
Callao Muelle Norte The Project represents stage 1 and stage 2 investments required under the Concession Agreement signed between APM Terminals Callao (the Company or APMTC) and the Government of Peru (GOP), in order to develop the existing North Dock (the Terminal) in the Port of Callao.   The Project is designed to (i) modernize and expand the Terminals container handling facilities to world class standards, and (ii) improve the efficiency of the Terminals non container handling facilities. It includes demolishing and rebuilding the Terminals main container and grain handling berths, constructing a new container berth to establish a new 660 meter container quay, installing new container handling equipment, and developing the container yard and supporting infrastructure.  Upon completion, the Terminal is expected to have an annual capacity of 1.2 million twenty-foot equivalent units (TEUs). The Project will support GOP''s privatization efforts in the port sector, contributing with the development of the North Dock facility in the port of Callao, the major port of the country. As such, the Project will support Peru''s competitiveness and indirectly drive trade growth by increasing container cargo capacity and improving efficiency levels to better serve exports and imports in one of the country''s key ports. The Project will help improving efficiency and productivity as well as increasing competition, benefitting shippers, shipping lines and consumers alike.   In addition, the Project will benefit the GOP with royalties and tax payments which will help to free up the fiscal space necessary for Government priorities including education and health.  The Project is also expected to create new employment opportunities.
MiBanco IV - ACP The project entails supporting the initiatives of ACP Inversiones y Desarollo (the Group or ACP) to strengthen its position in the Peruvian financial sector by:   -  Creating a new specialized micro-insurance company, focused on micro and small business entrepreneurs and low income families. - Expanding the shareholding base of ACPs portfolio bank, Banco de la Micro Empresas S.A. (Mibanco or the Bank), an existing IFC client and  -  Providing a subordinated loan to Mibanco to strengthen the Banks capital base and support its growth.  Founded in 1969, ACP, formerly known as Accion Comunitaria del Peru, is a Peruvian non-profit organization focused on servicing the educational, business and financing needs of low-income households and micro and small business entrepreneurs in Peru. As of September 2006, the Groups consolidated asset base totaled approximately $360 million, liabilities $314 million, and shares value in $46 million.  Based in Lima, Mibanco was constituted in 1998 as a commercial bank focused on micro and small business entrepreneurs. It serves more than 200,000 micro and small business enterprise clients, employs 2200 persons, and operates 74 branch offices throughout greater Lima and provinces outside the capital. It offers its clients of which more than half live below the poverty line  a range of services, including working capital loans, credit cards, consumer loans, mortgages, savings accounts, term deposits and checking accounts. As of December 2006, the Banks asset base was approximately $388 million, liabilities $335 million, and shareholders equity of $53 million. The development impact of IFCs investment in Mibanco is expected to be high, as it will support productive micro and small business enterprises client and employment generation, by strengthening Mibancos capital base. Given Mibancos average loan size of approximately $1,300, the vast majority of beneficiaries of Mibanco loans will be micro and small business enterprises client The creation of the micro-insurance company is also expected to expand the range of financial products being made available to low income households and micro and small business entrepreneurs.
BanBif Subdebt The proposed project consists of an up to US$25 million subordinated loan to Banco Interamericano de Finanzas (BanBif or the Bank) to be entirely funded by the IFCs Capitalization Funds Subordinated Debt Fund (Cap Fund) through the AMC Management Company  AMC.  The Project is expected to support BanBifs solvency base in light of the rapid growth achieved during the last years and which is likely to remain during the following years. The development impact of the proposed transaction is expected to be high given that:   - It will support expand access to finance for SMEs in Peru as BanBif''s strategy contemplates an important focus on the SME segment. - It will support SMEs and employment generation, thus, helping address the inequality that exists within the different segments of society.  - It will support the Company''s adaptation to the new capital requirements being implemented for Peru''s financial sector, thus, helping also to strengthen the soundness of Peru''s financial system.  - It would help to increase the financial choices for companies and individuals, by supporting a Tier II bank in a very concentrated banking sector, with the top 4 banks representing over 80% of the banking sector''s loan portfolio.
Edyficar IV The proposed transaction aims to support Financiera Edyficar (Edyficar), a microfinance provider in Peru, through a senior loan, which would facilitate resources for the Companys microfinance portfolio expansion in rural regions of Peru. In addition, the Project would support the growth strategy of a key player in the microfinance sector with strong demonstration effect in Peru.  The Project would aim to achieve various objectives: (i) provide funding for Edyficars microfinance rural portfolio growth; (ii) diversify the Companys funding sources by making available funding from an international financial institution; and (iii) enable the Company to reduce its foreign exchange mismatch by providing local currency financing. IFC''s long-term financing is expected to bring high development impact by enhancing Edyficar''s capacity to support productive micro enterprises in rural regions, resulting in higher growth, employment generation and poverty reduction in rural regions of Peru.
BIF II Project The proposed investment consists of a debt package of up to $30 million to Banco Interamericano de Finanzas (BIF or the Bank), comprising an IFC Loan and a Parallel Loan.  The Parallel Loan is expected to be funded by IFIs.  

The proposed project will support the Banks growth by helping BIF access longer term financing.  It will also help BIF diversify its funding sources by opening up new relationships with IFIs. -Increased access to finance:  Without the Project, it would be much harder for BIF to raise the amount of medium-term funding it is seeking from diversified sources and at competitive market conditions. If fully deployed, the loan could help increase BIF SME loan portfolio by 30% on average annually during the life of the project from a base line of US$185 million in 2009. Wealth derived from the financing activity made possible by the investment would help reduce the income gap prevailing in Peru.
Enfoca Discovery 1 L.P. Enfoca Discovery 1, L.P. (the Fund) is a Peruvian private equity fund, managed by a local team of investment professionals, which aims to invest in mid-market companies in Peru and other Andean countries.  The Fund will primarily seek influential minority stakes of $10-50 million equity or equity-related investments in high-growth companies in export businesses and consumer-oriented industries such as retail, healthcare, financial services, and building materials. The Fund is expected to have a strong impact for private sector development as follows:

- Private sector development:  The Fund will add value to its investee companies, by providing managerial, operational and strategic support to improve their competitiveness and sustainability

-Economic development:  The Fund is expected to invest in high-growth companies aiming to increase output, which in turn should lead to increased employment rates.

- Environmental practices:  The Fund Manager will adopt international best practices for environmental and social risk assessment and management, and improve transparency and corporate governance, thus transferring knowledge and skills to portfolio companies
Acceso Credito I 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; }    Financing to Edpyme Acceso Crediticio S.A. (Acceso or the Company), to support the Company as it continues serving and growing its existing client base of over 23,000 microfinance clients, particularly transport micro-entrepreneurs.       Acceso is a regulated non-bank financial institution engaged in financing transport micro-entrepreneurs which are part of the low and middle income segments of the population and are mainly unbanked or excluded from the system. The Company actively finances natural gas vehicles which generate less Green House Gas emissions than the regular petrol vehicles. The project will support to improve access to finance for MSME's in Peru, particularly those in the transport sector, therefore supporting MSMEs and employment generation and so helping address the inequality that exists within the different segments of society. Furthermore, the project will support the reduction of greenhouse gas emissions by supporting the financing of natural gas vehicles.