devinitorg/iati-policy-markers huggingface dataset:
KUMTOR GOLD Commercial development of the Kumtor gold deposit through open-pit mining, construction of a conventional carbon-in-leach (CIL) cyanide treatment plant and associated infrastructure facilities.
ATF Kyrgyzstan The proposed transaction is a loan of up to $15 million to ATFBank-Kyrgyzstan (the Bank) to support the Banks lending to small and medium-sized enterprises (SMEs) by replacing funding which is being withdrawn.     The Bank was established in 1992 as Energobank and renamed as ATFBank-Kyrgyzstan in 2006 after ATF Bank of Kazakhstan became the Banks major shareholder.    As of end-2008, ATF Kyrgyzstan was the second largest bank in the country with total assets of $156 million. The Bank had the largest loan portfolio among the banks in the country with a share of 18% in total bank credits. Its loan portfolio consisted of 22% corporate, 29% retail, 49% SME exposure. The proposed investment in ATFBank-Kyrgyzstan will support the SME lending activities of the Bank in the country.  Kyrgyz Republic is a frontier market for IFC, a primary focus area. Banking penetration is very low in the country, and banking activities are focused on large corporates as well as large cities. SMEs access to finance, especially medium and long-term finance, is very limited.    This loan will:    Enhance the Banks ability to access medium-term funding and on-lend funds to underserved sectors.  Through increased access to finance, Kyrgyz entrepreneurs would be able to access to finance for continuing their activity. Also, SME sector is critical to support job creation where unemployment rate is increasing, and  support the efforts of one of the leading banks in Kyrgyzstan to diversify and increase the volume of its funding, and to better manage its asset and liability position at the time of limited funding opportunities in the country.
BOP Kompanion SL The proposed Project consists of a up to US$6 million equivalent in Kyrgyzstani soms straight senior loan to Closed Joint-Stock Company Kompanion Bank (Kompanion or the Bank)  a private bank in the Kyrgyz Republic, an IDA country, with a strong focus on lending to micro and small enterprises (MSEs). The proceeds from the loan will be used to provide access to affordable local currency funding to a larger number of underserved MSEs operating in remote areas. Up to 40 percent of the loan proceeds will be allocated to women-owned MSEs on-lending (WMSEs) and up to 10 percent of the loan proceeds will be allocated to green financing of MSEs. The IFCs loan is expected to have a tenor of up to three years. The Project will be processed under IFCs Base of the Pyramid (BOP) COVID-19 Crisis-Response Program (Project #44915) and will be supported by IDA Private Sector Window (PSW) Blended Finance Facility and IDA-PSW Local Currency Facility. The development impact of the Project is expected to be: (i) at the project outcomes level - stakeholder effect: assist MSEs with a particular focus on women, in overcoming liquidity constraints and sustaining their income generating capacity, (ii) at the market creation level - resilience: support resilience amongst microfinance and BOP finance providers by helping the market deal with the growing uncertainty and catalyzing investor response.
FINCA Kyrgyz 2 The proposed project is to provide a $4 million senior loan (or local currency equivalent) to CJSC FINCA MicroCredit Company (FMCC or the Company), a leading microfinance company in Kyrgyz Republic. Proceeds of the loan will be used to finance the expansion of their lending to micro and small entrepreneurs (the Project or Finca Kyrgyz 2). The Company currently seeks long-term funding to continue its dynamic growth and offer new products to its target clientele. The developmental impact is expected to be high:

- 	The Project would provide funding for the underserved segments of the society in an IDA country, more specifically women entrepreneurs, and would help create jobs and reduce poverty in Kyrgyz Republic.

- 	The Project would support the efforts of FMCC to diversify and increase the volume of their funding and to better manage their assets and liabilities at a time of limited funding opportunities.

- 	In Kyrgyz Republic, the provision of term funding in the local financial market would have a very strong demonstration effect and build market confidence. This is extremely relevant in a post-conflict environment.
KICB-FY24 Project The proposed Project consists of IFCs investment in a $15mn unsecured bond denominated in Kyrgyz Som (KGS or LCY) to be issued by CJSC Kyrgyz Investment and Credit Bank (KICB or the Bank), a long-standing IFC client,  to increase access to finance for underserved individuals and micro-enterprises (MEs), including women-owned MEs (WMEs) in the Kyrgyz Republic, as the  economy is recovering from the COVID-19 crisis, further exacerbated by Russias invasion of Ukraine (the Project). KICB will use the IFCs loan proceeds to provide financing to its own clients (70%) and channel via local microfinance institutions (MFIs) (30%). 50% of the financing will be used to finance micro-housing projects for low-income individuals and 50% for micro-enterprises including WMEs. Expected project-level outcome:
Stakeholder effects: Improved access to MSME finance. The Project will support KICB, one of the largest commercial banks in the country, to provide much-needed financing to assist microentrepreneurs and individuals in overcoming liquidity constraints and sustaining their income generating capacity. The income streams of MSMEs and low- income individuals have been severely affected by the increased uncertainty, and a slow-down in economic activity in the wake of the pandemic and the geopolitical developments. In the context of growing macroeconomic uncertainty, this sector needs access to capital to finance investments in inventory and inputs to sustain economic activity, and to adjust business models to the current crisis economic environment. However, those that were most affected by the crisis, MSMEs and low-income individuals` access to financing is limited
Expected market-level outcome:
Resilience: IFC anticipates that the Project will support resilience amongst microfinance providers by helping the market deal with the growing uncertainty and catalyzing investor response, as part of the investment proceeds will be used by the Bank to provide financing to local MFIs for on-lending to micro-enterprises and have a replication effect on investors financing to MSMEs.
Central Asia Facility - Ineximbank This project - Joint-Stock Company Investment Export-Import Bank (Ineximbank, the bank, or the company) is part of IFC's Central Asia Micro and Small Enterprise Facility, comprising individual credit lines to selected partner banks for on-lending to micro and small enterprises (MSEs) through specialized micro and small business finance windows created at the partner banks level for this purpose.  Within the framework of the facility, IFC will, in close collaboration with EBRD, make available up to $45 million for lending (in the form of credit lines) to selected local banks for onlending to micro and small enterprises (MSEs) in Kazakhstan, The Kyrgyz Republic, Uzbekistan, and later Tajikistan.

Ineximbank, a Kyrgyz commercial bank with approximately 13% of loans and 2% of deposits of the Kyrgyz banking system, has been selected as a partner bank for the facility.  The bank was (under its former name - Eirdan Joint Stock Commercial Bank) created in 1996 by Eridan Holding and became one of the first privately owned banks in the Kyrgyz Republic.  The objective of this project is to expand the frontier of finance by extending downward the range of market segments served by Ineximbank.  Thus, the IFC credit line will increase the availability of sustained credit to creditworthy MSEs, while at the same time building up the lending capacity and skill base of Ineximbank.
ElCat Project With a domestic fiber network of approximately 3,500 km, ElCat LLC ("ElCat" or the "Company") is the largest privately owned, wholesale broadband operator in the Kyrgyz Republic.  Using the latest technologies, ElCat has been able to develop a quality network in line with industry standards. It is now seeking $3.0 million from IFC to extend the reach of this network and expand its service offerings (the "Project"). Project Outcomes: The Project Outcomes rating is Very Strong with Medium Likelihood of achievement.  The most significant expected Project-level Outcomes are derived from increased access to high-speed broadband networks by enabling the connection of a significant number of mobile broadband users to antennas with fiber optic transmission lines, and directly connecting additional households to fiber broadband internet at home, including subscribers in underserved areas with no access to fixed broadband, thereby enabling digital inclusion and improving the quality of internet access for individuals. This network expansion has the potential to drive higher usage of digital connectivity and services by individuals, businesses and government as data-intensive contents like video streaming, conferencing and calls are becoming increasingly central to online interactions.

Market Creation: The Contribution to Market Creation rating is Moderate with Medium Likelihood of achievement. The Contribution to Market Creation is derived from increased competitiveness of the broadband sector, as the investment will support a company in a market with a limited number of large private sector providers and significantly deepen the high-speed internet access segment via competition channels.

The Project has an Anticipated Impact Measurement and Monitoring (AIMM) rating of Good.
BOP KICB-FY23 The proposed project consists of a 4-year senior unsecured loan of up to US$15 million denominated in Kyrgyz Som (KGS) to Closed Joint-Stock Company Kyrgyz Investment and Credit Bank (KICB or Bank), a long-standing IFC client, to be used to increase access to finance for underserved individuals and micro-enterprises (MEs) in the Kyrgyz Republic, including via microfinance institutions (MFIs), with a particular focus on sustaining affordable housing finance for low-income individuals and financing to women-owned MEs (WMEs) during a challenging economic environment caused by the COVID-19 crisis and further exacerbated by the Russian invasion of Ukraine (the Project). KICB will use IFCs loan proceeds to provide financing to its clients (70%) and channel the rest (30%) via local MFIs. Furthermore, 50% of the financing will be used to finance housing projects to low-income individuals and 50% to WMEs. The Project will be processed under IFCs COVID Base of the Pyramid Facility (#44915) and is expected to benefit from IDA-PSW Pooled First Loss Guarantee (PFLG) to help de-risk the Project and IDA-PSW Local Currency Facility (LCF) to support the local currency financing. Expected project-level outcome:
Stakeholder effects: Increased access to finance for micro-housing finance and WMEs.
Expected market-level outcome:
Resilience: The Project will support resilience amongst microfinance and BOP finance providers by helping the market deal with the growing uncertainty and catalyzing investor response.
Bai Tushum Bank Bai Tushum & Partners Bank (BT or the Bank) is the first MFI in Kyrgyzstan and Central Asia that has transformed into a bank. It was established as a non-profit microcredit agency in 2000 with a social mission to service vulnerable groups and currently became a leading microfinance institution in Kyrgyzstan. The proposed project will be IFCs third deal with BT and aims to strengthen IFCs investment relationship with the Bank and to support the Banks strategy to scale up its lending activities towards SMEs, including women-owned enterprises. 1.	Secure access to finance for underserved segments of the society in an IDA country, more specifically for women entrepreneurs and SMEs in rural areas. 2.	Create a demonstration effect for other MFIs in Central Asia to seek efficiency and economy of scale through a transformation into a bank using Bai Tushum''s success as a role model. 3.	Develop a positive economic impact by propping up economic growth, improving access to finance in economically and geographically excluded regions, generating new jobs and improving quality of life at the base of the pyramid. 4.	Help the Company to reduce its foreign currency exposure, better manage assets and liabilities, and improve its risk profile at a time of limited currency options.
Bai Tushum Project The project involves the extension of a convertible loan of up to US$1.2 million to Micro Credit Agency Bai Tushum Financial Fund (Bai Tushum), one of Kyrgyzstans leading licensed micro lending institutions.  The purpose of the investment is to support the establishment of a regulated deposit taking microfinance company.  IFC would seek an option to convert part of the loan into equity equivalent to 15% of the equity of the new regulated deposit taking institution to be established by Bai Tushum. At December 31, 2004, Bai Tushum had total assets of US$4.8 million equivalent, including a loan portfolio of US$3.3 million equivalent.  Total equity was US$3.6 million equivalent at December 31, 2004.
KICB MSME2 Project Kyrgyz Investment and Credit Bank (KICB or the Bank) is a closed joint-stock company, which was incorporated in the Kyrgyz Republic in 2001. Since the Bank was established, the Bank has gradually developed as one of the leading providers of financial services to private sector in the country. KICB is currently the second largest bank in terms of total assets and loan portfolio and the first largest bank in terms of total capital in the country. KICB runs its operations through 10 branches and 19 sub-branches, mainly located in the regions, and the Head Office located in Bishkek.  The project involves a potential senior loan of up to US$10 million and a trade finance guarantee facility of US$2 million to Kyrgyz Investment and Credit Bank (KICB or the Bank), an existing IFC client, one of the most active providers of financial services to private sector of the Kyrgyz Republic.  IFC would play an important developmental role by providing KICB with additional longer term resources for on-lending to Small and Medium Enterprises (SMEs), which have limited access to long-term funding. In addition, IFCs trade finance guarantee facility will support access to trade finance for local exporters and importers and address the counterparty risk that is slowing down the growth of trade business in the country. (i)    Increase access to finance for SMEs in the country through longer tenor products and trade finance instruments. (ii)	Stimulate growth in underdeveloped markets, support economic recovery through job creation by SMEs in an IDA country. (iii)	Support KICB''s efforts to diversify and increase the volume of their funding base and to better manage their assets and liabilities. (iv)	Support the development of trade finance sector in Kyrgyz Republic.
SEF JSC Akun Ltd. Akun is a leading high-quality flour producer in the country. It has two flour mills: one with 60 tons/day capacity and the other one with 150 tons/day capacity. Akun''s superior milling technology and the resulting high quality baking flour has proven to be well received by the local market.      The new investment project is to establish a pasta/macaroni plant in the Kyrgyz Republic which will be integrated into the existing and profitable flour/semolina plant.  At full capacity, yearly production output is expected to be 19,000 tons per year (60 tons per day) of which 70% will be dry short-cut pasta and 30% long-cut pasta.    The project has a strong developmental impact. First of all, it will produce high quality pasta at lower prices, thus reducing the need of imports. The much needed hard currency will therefore remain in the country. Second, about 30 new jobs will be created. Also the increasing use of wheat will allow local farmers to stabilize their operations by having a strong and continuous  buyer. Finally, state of the art pasta production technology will be introduced to the country and therefore, over time the skill level of local employees will increase substantially. For the refurbishment of the building and site local constructing firms will be used.    IFC has a strong role to play since it will provide long-term lending, which is otherwise almost unavailable. Moreover, IFC will ensure that the project is implemented in an environmentally sound manner. It is anticipated that IFC will arrange technical assistance for the company in areas such as management information systems.
BOP Elet Capital The proposed Project consists of ? straight senior loan of up to US$2.5mn, denominated in local currency, to Microfinance company Elet Capital CJSC (Elet Capital or the Company). The proposed investment will be ? new FIG Investment engagement with the existing FIG Advisory client. The Project will enable Elet Capital to increase access to finance for micro enterprises (MEs) and underserved individuals in rural areas of the KR on sustaining affordable housing finance for low-income individuals and/or financing to women owned MEs. As IFC expands its work in KR, the proposed investment adds another dimension by providing direct funding to the Company. The project will be processed under IFCs Base of the Pyramid (???) COVID-l9 Crisis-Response Program (project #44915) and will be supported by IDA-PSW Blended Finance Facility and IDA-PSW Local Currency Facility. Stakeholder Effect: The most significant project-level outcome is derived from increased access to finance for MEs and underserved individuals with a focus on women enterprises and micro-housing, particularly in rural areas.

Resilience: IFC anticipates that the Project will promote increased resilience, achieved though supporting access to finance for MEs to withstand financials and economic shocks caused by the COVID-19 pandemic. IFC will also support the private sector in the economic recovery process after the crisis, shortening the time for the most vulnerable to return to their previous income generating capacities.
KICB Micro Project The proposed Project consists of a senior loan of up to US$10 million, denominated in local currency, to Kyrgyz Investment and Credit Bank (KICB or the Bank), a long-standing IFC client and a systemically important bank in the Kyrgyz Republic.  The tenor of the loan is 4-year with 18-month grace period. Local currency financing at a commercially viable rate will be provided via The International Development Associations Private Sector Window Local Currency Facility (IDA PSW LCF).  Investment proceeds will be used to increase access to finance for micro finance institutions (MFIs), underserved individuals and micro enterprises (MEs) in the Kyrgyz Republic, with a particular focus on sustaining affordable housing finance for low-income individuals and financing to women-owned MEs. 1.	Increased access to finance for MEs: IFC anticipates that the Project will increase access to finance for MFIs and MEs, with a focus on women entrepreneurs and micro-housing finance;
2.	Market creation: The Project is expected to increase the inclusiveness of microfinance through demonstrating that there is a business case for implementing new products that could expand their reach to currently underserved market segments, and that they can be commercially viable, despite the perception of high risk;
3.	Incisiveness via gender finance: IFC anticipates that the Project will increase access to finance for women entrepreneurs who own and/or manage micro enterprises, with 50% of IFC's proceeds earmarked for these purposes;
4.	Inclusiveness via micro-housing finance: IFC anticipates that the Project will sustain affordable housing finance for the low-income segment, mostly in rural areas.
SEF Altyn-Ajydar III Altyn-Ajydar, located in Bishkek, was set up in 1995 and has been a long-term IFC client since the late 1990s. IFC provided loans in 1999 to finance the modernization and expansion of the companys cardboard packaging facility and in 2005 to set up a new corrugated packaging line.  Altyn-Ajydars management has currently identified strong demand for construction materials in Kyrgyzstan and Kazakhstan due to the long-term growth potential of the construction industry in both countries. The company has approached IFC to assist in the financing of a $3.0 million project to diversify its activity into aluminum.  The purpose of the project is to establish production lines for aluminum composite panels and tempered glass/double-glazed window/PVC window frame and stained glass units. The proposed project will:   - help expand and diversify the companys product range in a high value-added area and improve its export potential,  - introduce high quality products through the employment of modern equipment and technology that is not available in the sector,  - help promote import substitution for construction materials, and - enhance energy savings and efficiency in the construction sector.  Altyn-Ajydars project will also create additional employment; more than 100 additional employees including 20 women will be hired to work on the new production lines. The project is expected to improve and strengthen local production capabilities of the building materials industry and construction sector as a whole in Kyrgyzstan.
Bai Tushum II Micro Credit Company Bai Tushum (Bai Tushum, or BT) is an existing IFC client and one of Kyrgyzstans leading licensed micro lending institutions. Originally, Bai Tushum was created as a noncommercial, not-for-profit organization whose main goal was to contribute to the social and economic development of rural and urban areas of the Kyrgyz Republic. Since its inception, BT has become one of the leading and sound microfinance institutions in Kyrgyzstan and overcome financial dependence on grant resources and has transformed itself into a sustainable microfinance entity. It provides microlending services to develop and support agricultural, small and medium enterprises, and farmers. BT is expected to become a deposit taking financial institution by end-2009.   The purpose of the project is:  - To support Bai Tushum''s loan portfolio growth (as it expands its lending activities throughout the country); - To support Bai Tushums establishment of a sustainable microfinance company which will have deposit taking activities. The developmental impact of Bai Tushum is expected to be high and far reaching in terms of its economic support for productive micro enterprises, stimulus for employment generation and confidence building for the financial sector.  Bai Tushums main objective is the provision of financial services to underserved rural communities for poverty alleviation and employment creation and financing of agribusiness entrepreneurs and farmers. Bai Tushum also assists entrepreneurship development and social mobilization. As a result, this project is expected to reach an estimated 10,000 new microentrepreneurs during the tenor of the credit line through Bai Tushums seven branch offices located all over the republic.
KICB II Project The project consists of a credit line facility of up to $2.5 million to Kyrgyz Investment and Credit Bank (KICB, the bank or the company), an IFC existing portfolio commercial bank specialized in small- and medium-sized (SME) enterprise finance. KICB is looking to raise debt financing to meet loan demands from eligible clients in the Kyrgyz Republic. The facility would broaden the Banks funding base, and support the growth of the Bank and the financing of SMEs. As of end 2004, KICB had total assets of $21.1 million, shareholders equity of $6.9 million, and net income of $423 thousands.
Global Train and Equip Program - Domain Control To conduct or support programs providing training and equipment to national security forces of foreign countries for the purpose of building capacity of partner nations. The Defense Security Cooperation Agency (DSCA) provides program management. Country teams work through DoD geographic Combatant Commands (COCOMs).