devinitorg/iati-policy-markers huggingface dataset:
Suryoday Project This proposed project involves a quasi-equity and senior debt investment in Suryoday Microfinance Private Limited (Suryoday or the Company) which is a micro finance institution operating as a non banking finance company primarily in Western India. The Company has a borrower base of approximately 145,000 borrowers and a gross loan portfolio in excess of INR1,200 million across 5 states. Suryodays customer segment includes salaried women (informal sector) working as housemaids, cooks or in small factories and self employed women working as vegetable / fruit vendors, small shop owners etc. Suryoday has been proactive in deployment of technology and is establishing itself as a customer centric institution with a commitment to responsible finance.  IFCs proposed investment will help Suryoday expand its operations by strengthening its balance sheet, providing access to diversified funding sources and meeting its regulatory capital adequacy requirements for the next 2-3 years. 1.	Access to Microfinance: This project will help in expanding the outreach of access to microfinance to borrowers who have little or no access to formal sources of financing with Suryoday expected to provide financing to more than 1 million women borrowers in the next 3-5 years 2.	Balanced growth of Microfinance: This project will promote a more balanced growth of microfinance in India. Suryoday''s operations are expanding in Western India where MFI penetration has historically been low
DCM Manappuram The proposed project comprises a 3-year senior, secured debt funding of up to INR 5,400mn (US$75mn) to Manapurram Finance Limited (MFL).      IFCs investment will be structured by splitting the facility as US$30mn towards Kerala and $45mn to be utilized in Low Income States (LIS). The proposed project relates to supporting MFL in extending finance to the most vulnerable sections of Kerala after the state witnessed one of its worst floods and for utilization in LIS of India. (i)	Rehabilitation for Kerala Flood victims & Financial Inclusion in LIS: The recent Kerala floods affected small farmers and micro, small and medium enterprises (MSMEs) the most since their housing and livelihoods got impacted significantly. The Project will provide finance to these low-income borrowers in Kerala with critical funds needed for them to rebuild their lives and their livelihoods. 

The funding to LIS will enable greater financial inclusion in these states which are the poorest states in the country with significantly low penetration of financial services, especially in the gold loan segments.  

(ii)	Integration: The firms offering gold loans, including MFL, are now expanding into northern territories where gold loan is not traditionally as common as the southern regions of India.
Exim India II Export-Import Bank of India (Exim Bank) was formed in 1981 under the Export-Import Bank of India Act, and is a financial institution whose capital has been wholly subscribed by the Government of India. Exim Bank provides financial assistance to exporters and importers and also aims to develop relationships with export-oriented companies by assisting them in various capacities such as identifying overseas markets, providing loans and guarantees and export credit. Its non-institutional clients include mainly private sector entities. 

The proposed investment involves a long term loan to Exim Bank. The proceeds of the IFC loan component will be used to finance exports to Africa from private sector exports clients of Exim Bank. The development impact of the project is expected to be: 

supporting international trade between India and Africa; 
providing access to finance to the underserved small and medium enterprise sector as they would be able to secure financing to execute export orders in the current weak market conditions; and
providing access to long-term import finance to African importers.
Sunteck Realty The proposed Project involves a total investment of up to US$40 million (in equivalent INR) to Sunteck Realty Limited (Sunteck or the Company) and/or its subsidiaries for developing housing projects.   The IFC financing will be used for expansion of the Companys operations, including for part-financing 4-6 housing projects to be mutually identified by the Company and IFC primarily in the Mumbai Metropolitan Region (MMR) in India (altogether the Project). The housing projects are expected to be green housing projects in the suburbs of Mumbai and will help develop these micro-markets and strengthen the Companys presence in these locations. The most significant, expected Project-level outcomes are (i) increased access to good quality housing in underserved micro-markets and (ii) environmental effects through improved energy and water efficiency. Beyond the Project, IFC anticipates that the investment will enhance competitiveness in the market through (i) competitive pressures on developers already operating in the target micro-markets to improve the price and quality of their projects and (ii) demonstration effects to other developers that will be incentivized to expand in smaller micro-markets, adapt their business model to achieve economies of scale.
Profectus Green Bond The proposed investment envisages an Indian Rupee (INR) denominated investment of up to US$25 million equivalent in Profectus Capital Private Limited (PCPL, or the Company). The investment will be made by subscribing to green bonds issued by PCPL with a tenor of up to five years and the proceeds will be used for financing energy efficient (EE) machinery for micro, small and medium enterprises (MSMEs) (the Project). Stakeholder Effects- Increased access to climate finance for Energy Efficient (EE) equipment by MSMEs: Through the Project, IFC will support PCPL in increasing access to climate finance for EE equipment by MSMEs. Most MSMEs in India are traditional and small and deploy inefficient technologies. The sizeable quantum of energy consumed by the MSME sector combined with the use of conventional and less efficient technologies offers a significant potential for energy savings through replacement of old machines with new EE machines and even through EE retrofits in the prevailing production processes. Assessment of Contribution to Market Creation- Competitiveness: The proposed investment is expected to promote greater competitiveness in the MSME climate finance market through demonstration and replication channels. Despite the prevalence of strong and mature FIs in India that have strong liquidity, green finance is still a relatively new concept for most private sector FIs in India, especially when the target segment is MSMEs, and more so for smaller NBFCs. IFCs support through the Project will demonstrate to other banks and NBFCs that there is a scalable business opportunity in this market segment and is expected to lead to replication from other FIs in the market, promoting greater competitiveness in the market with more banks and NBFCs scaling up financing in this segment.
National Collateral Management Services Limited Incorporated in 2004, National Collateral Management Services Limited (NCMSL or the Company) is an independent provider of integrated supply chain solutions as well as risk management services for producers, traders and end users of agricultural and non-agricultural commodities. Its main services are warehousing and storage, procurement and collateral management for banks providing agri-commodity financing. The Project involves setting up of owned warehouses across the country for storing agri-commodities. The Company currently operates around 400 warehouses taken on short / medium term lease contracts across the country in over 80 locations. Due to the nature of these lease contracts, the Company is exposed to the risks of lease price volatility as well as non-renewal of the contracts. The Company believes that the only way to improve overall services levels (across procurement, warehousing and collateral management), operating efficiencies and long term-profitability in this business is by moving from a 100% lease-based model to a more balanced mix of owned and leased warehouses. The project will have a strong development impact by helping build efficient agriculture supply chain solutions and promoting inclusive growth as several of the proposed warehouses are in low income states. Around 50% of NCMSLs current (leased) warehousing capacity by volume is located in the low income states of UP, MP and Rajasthan while 33% of the new (owned) warehousing capacity is proposed to be established in these states.

Additionally, most of the procurement activities of the Company are in LIS; for example in the case of Suguna, procurement is being carried out largely in Rajasthan while in the case of FCI, procurement was carried out in Orissa, Bihar, MP, Rajasthan and UP.
DARP SPV IndiaRF The proposed project envisages an equity investment of US$100 million in India Resurgence Fund, L.P. (the Fund), a Cayman Islands limited partnership. The Fund seeks to resolve corporate distressed assets (DA) in India (India or the Country) by primarily making distressed to control investments. The Funds final size is expected to be US$1 billion. - Shareholders impact: The project is expected to revitalize a number of distressed companies, and provide capital relief to banks, helping resolve NPLs in India. IndiaRF's ability to turn around these situations will help preserve jobs.
- Market Impact: The project will support the implementation of the new regulatory framework and contribute to a more robust DA market, allowing banks to increase lending.
Au Fin Debt Au FINANCIERS (INDIA) LIMITED (Au or the Company) is a regional non-banking finance company (NBFC), operating in the low income state of Rajasthan and other states such as Maharashtra, Gujarat, Madhya Pradesh, Punjab, Goa, Chhattisgarh, Delhi, Himachal Pradesh and Haryana. It primarily originates loans which are classified under priority sector and agriculture lending as per Reserve Bank of India (RBI) guidelines. These loans are targeted at segments that find it challenging to access bank financing.   Au originates vehicle loans, small business loans against collateral mainly in semi-urban and rural areas. Au offers MSME loan with a ticket size of INR0.2-5.0 million and tenor of 5-10 years, for income generating activities of micro and small manufacturers and service enterprises, and agriculture based SMEs. The clientele include truck/ tractor body manufacturer, auto ancillary units, brick making units, carpenters, general provision stores, fabrication units, schools and other educational institutions, etc.   The Reserve Bank of India (RBI) on 16th September, 2015 granted in principle approval to Au to set up as a Small Finance Bank (SFB) aimed at overall Financial inclusion in the country by channeling credit to unreached, small marginal farmers and small business units in Rural India.   The proposed investment is consistent with the World Bank Groups India Country Partnership Strategy (CPS) as it aligns with the engagement areas of (i) Inclusion  by enhancing private investment in the low income states (ii) Transformation  through job creation by supporting the labor intensive MSME segment and (iii) Integration  giving increased access to financial services in Tier II and Tier III cities 1.	Demonstration effect:  The project would demonstrate IFC''s continued support to an NBFC / SFB focused towards serving an underserved market and targeting underserved customers in the low income states.  2.	Job creation: The MSME and CV industry is one of the largest employers of labour in India. The potential of growth in these industries will spur the production in the country with positive impacts on employment and growth.  3.	Frontier Market Development: Au is among the largest NBFCs operating in Rajasthan and catering to the underserved segments of the population. IFC''s support would help in scaling-up operations of Au in semi-urban and rural areas of Rajasthan, Maharashtra, Gujarat, Madhya Pradesh, Chhattisgarh, Punjab, Goa, Himachal Pradesh and Haryana.
Bandhan Sub Debt The proposed project envisages a subordinated debt investment in Bandhan Financial Services Private Limited (Bandhan or the Company) which is Indias largest microfinance institution in terms of number of borrowers and portfolio outstanding. Bandhan is registered as an NBFC-MFI and is headquartered in Kolkata, West Bengal with a borrower base of more than 5 million women borrowers and a loan portfolio of approximately INR54,000 million (US$870 million equivalent).   Bandhan has predominantly rural operations in 22 Indian states including some of the eastern and north eastern states and has emerged as amongst the key players in the area of provision of formal credit services to low income households.  IFCs proposed investment will manifest its support for an existing portfolio investee and help Bandhan in its plan to become a comprehensive financial services provider for low income households, to diversify its sources of funding by providing subordinated debt which will enable it to increase its regulatory capital and to expand the outreach of access to microfinance to borrowers who have little or no access to formal sources of financing. 1. Access to Microfinance: This Project will help in expanding the outreach of access to microfinance to borrowers who have little or no access to formal sources of financing to women borrowers, including in low income states of India which have amongst the highest  population densities and poverty rates in the country.  2. Balanced growth of Microfinance: This Project will promote a more balanced growth of microfinance in India. Bandhan''s operations are expanding in rural / semi-urban parts of India where access to finance has historically been low.
Ruchi Soya Project Ruchi Soya Industries Limited (RSIL or the company) is the premier company of the Ruchi Group.  It is the largest oilseed crusher, importer of edible oils, exporter of oilseed meals and producer of textured soya protein (TSP) in India.  It entered the edible oil business in 1986, with primary focus on the sale of refined edible oil in the Indian market.  The project aims to take advantage of the increasingly growing demand of edible oil in India, especially the trend toward the packaged edible oil.  The proposed IFC financing will be used in two main areas:  The first is to finance two new facilities: a port based refinery at Patalganga near Mumbai (Bombay) and a crushing plant and associated refinery at Butibori near Nagpur both in the state of Maharashtra.  The second part is to finance the companys maintenance capex and permanent working capital, and upgrade edible oil plants and refineries that may be acquired.  The Patalganga refinery will rely on imported crude oils and will benefit from a logistical advantage over its competition by being located close to the JNPT/Mumbai ports as well as being close to the major regional market of Mumbai.  The Butibori crushing and refining facility will take advantage of the local production of soybeans.
SEI Solar Power Pvt. Ltd The project is to develop, construct, own and operate a 24MWp greenfield solar PV power plant (the Project). The Project is being executed as a joint venture between SunEdison Energy Holding (Singapore) Pte. Ltd (SingCo) an IFC investee and Astronergy Solar Korea Co. Ltd. (ASK) a subsidiary of Chint Solar (Zhejiang) Co., Ltd, a CHINT Group company. The Project was competitively awarded under the second batch of first phase of Indias Jawaharlal Nehru National Solar Mission (JNNSM).  The total output of the Project will be sold to the state owned power trading company, NTPC Vidyut Vyapar Nigam Ltd, (NVVN or the Offtaker), under a year 25 PPA signed on January 2012. NVVN is a wholly owned subsidiary of NTPC Ltd - the largest Indian state-owned generator of thermal power based in New Delhi. The deadline for commissioning is February 2013. The project will: (i) increase generation of renewable power; (ii) the project will help a Chinese private Company expand its business in India; and (iii) create job.
Greenlam South Limited Greenlam Industries Limited (Greenlam) is one of the leading decorative laminates brands in Asia. Greenlam is also Indias leading decorative-veneer brand and the only manufacturer of engineered wooden flooring and doors. It currently has two laminates manufacturing plants in Northern India (Rajasthan & Himachal Pradesh) with a total capacity of 15.6 million sheets/boards per annum. The proposed expansion involves setting up of greenfield manufacturing facilities for high-pressure laminates and particleboard to be housed in a wholly owned subsidiary of Greenlam - Greenlam South Ltd (GSL or the Company). The Project involves providing an IFC A Loan to GSL of up to US$ 25 million (INR 2,000 million) for setting up greenfield plant for new laminates lines with an operating capacity of 3.5 million sheets/boards per annum and the particleboard lines will have a capacity of 231,000 CMB per annum The expected project-level outcomes are stakeholder effects, through contribution to employment and value-added to GDP in India. IFC anticipates that the Project will create significant jobs with the new upcoming capacity, including direct and indirect jobs. Contribution to market effects are to improve sector competitiveness through demonstration effects. The Project supports a market leader in laminate manufacturing to enter the particle board market, and expects to contribute to strengthening the competitiveness of the wood panels sector.
MyUniverseAB Grp MyUniverse is an internet based personal financial services platform providing aggregation, analysis, rule based recommendations and transactions to help individuals manage their personal finances. Users can link their bank accounts, savings account, credit cards, insurance, investment accounts etc. on a single platform with a dashboard to manage assets, liabilities, expenses and income.  The platform opens up the possibility of large scale participation in personal financial management - something which has largely been available only to high net worth individuals. In addition, the Indian market is characterized by a low level of financial literacy, high level of savings that generate limited returns and lack of transparency available to the general population on appropriate investment products. MyUniverse aims to empower individuals to make informed decisions about savings and investing for the long term. MyUniverse is targeting all age groups with special focus on 25 to 45 year olds, many of whom are getting their first opportunity, through this portal, to manage finances and implement structured investments.  IFC is considering an equity investment in the company to support the expansion of the existing business in India. 1.	Driving financial inclusion by increasing accessibility, financial literacy and lowering distribution costs: MyUniverse is providing online personal financial management services to individuals who do not have access to these services. MyUniverse''s initiatives in the area will help improve awareness about personal financial management and help ensure that consumers are able to access the most appropriate financial products for their needs in a cost effective manner. This has the potential to positively impact over 10 million users over the next five years.  2.	Improved transparency in the financial investment: MyUniverse is expected to have a significant impact on first time salaried professionals, especially in lower income brackets, who do not have access to sophisticated financial advisers. By providing transparent, rule based, system driven recommendations, MyUniverse allows individuals to choose products that are most appropriate for their financial profiles and not based on commissions that agents receive for selling these products. This is expected to improve the rate and quality of savings, investment activity and overall wealth creation for this under served segment of the population.  3.	Demonstration Effect: While online personal financial management  has evolved in developed markets, this concept is new to India. IFC''s investment will help in the viability and scaling up of this business and lead to other companies targeting this sector, resulting in further adoption of financial services management in the market.
DCM Shriram Limited Bharuch II DCM Shriram Limited (the Company) is an Indian company with presence in multiple states in India including Uttar Pradesh, Rajasthan, Gujarat, Telangana and Tamil Nadu. It has two main business lines: Agribusiness (fertilizer, seeds - including international operations under 100% subsidiaries, sugar and trading of agricultural inputs), and Chloro Vinyl (caustic soda, chlorine, carbide and polyvinyl chloride or PVC).  It also has other smaller businesses such as Fenesta Building Solutions (value-added PVC products) and cement to complement its main products and a joint venture with Axiall Inc. for PVC Compounding.  The Company is embarking on brownfield expansion at a number of its facilities including: (a) technology improvement of existing cogen power plant in Ajbapur Sugar factory in Uttar Pradesh leading to higher power generation to the extent of 16.4 MW; (b) expansion of its chlor-alkali facility located in Bharuch, Gujarat from 450 TPD to 915 TPD capacity; (c) routine annual maintenance capex across its four sugar plants in Uttar Pradesh, its Chemical Complex in Kota (Rajasthan) and its existing chlor-alkali plant in Bharuch; (d) modernization of technology of its existing chlor-alkali facility located in Bharuch, Gujarat and Kota, Rajasthan; and (e) expansion of captive power plant by 55 MW to support expansion of chlor-alkali capacity. Including interest during construction, pre-operational expenses and contingencies, the total capital expenditure for the above brownfield expansion is estimated to be US$122 million*, to be funded upto a max of 49% through the proposed IFC A-loan, with the rest funded through loans from other banks / financial institutions and internal accruals.  *Exchange rate of US$1 = INR68.00 1. Job creation: The Project is expected to create nearly 100 permanent jobs and 70 contract jobs on an ongoing basis. In addition, there will be 800 additional temporary jobs created during construction phase.  2. Use in various industries including agrochemicals and pharmaceuticals: The Project supports the expansion of the chlorine and caustic soda as chemicals, which find downstream uses such as manufacture of aluminium, paper, detergents, agro-chemicals, pharmaceuticals and water purification. 3. Demonstration effect: The Project will demonstrate E&S best practices and energy efficient production norms amongst the Indian chemical industry. 4. Tax revenues: The Project will add significant tax revenues to the local government, including excise duties, VAT and sales tax.
HIKAL III Project Hikal Limited (the Company or Hikal) is a leading manufacturer of active intermediates and ingredients offering products to global pharmaceutical, crop protection, animal health and specialty chemical companies. The Company also provides discovery research and development support to companies in pharmaceuticals and crop protection. The Company is undertaking a multi-year capital expenditure plan across its facilities for product and capacity expansion (Project). Climate Change and Resource Efficiency: This Project is expected to contribute to climate change mitigation by net reduction of GHG emissions through installations of rooftop solar panels, biomass briquette based boilers, and more efficient production processes that result in reduction of waste and lower consumption of water, electricity, and materials. 
Competitiveness: This Project is expected to contribute to increased competitiveness in the pharmaceutical and agrochemicals sectors as the Company works on innovation and expanding its product offering in the market.