devinitorg/iati-policy-markers huggingface dataset:
Grupo Financiero Banorte, S.A. de C.V. Grupo Financiero Banorte is a Mexican financial services holding company formed in 1993 and headquartered in Monterrey, Mexico. GFNorte, through its consolidated subsidiaries, while principally engaged in commercial and retail banking, is also engaged in brokerage, factoring, leasing, warehousing, pension funds management, insurance and annuities.  As of December 31, 2000 GFNorte on a consolidated basis had total assets of US$11.0 billion equivalent and shareholders'' equity of US$880 million.    The proposed project consists of an up to US$50 million A Loan and up to US$100 million B Loan to Banco Mercantil del Norte, a subsidiary of Grupo Financiero Banorte.  The proceeds would be used to finance long-term leases of industrial complexes and related community infrastructure built and maintained by local development companies.  These industrial complexes are normally leased by export-oriented companies as well as suppliers of export-oriented companies.  By providing long-term funds that are currently not available to Banorte for this purpose, IFC will indirectly support Mexico''s most dynamic economic sector.  The project complements Banorte''s strategic presence in and knowledge of this market, and will have a strong development impact in Mexico.
BANSEFI AFORE The proposed project is to invest in a start-up pension administration company (AFORE) being set-up by Banco del Ahorro Nacional y Servicios Financieros (BANSEFI), a development finance institution in Mexico and the Mexican Savings and Loan Sector.  The AFOREs initial capitalization is estimated at up to MXN160 million ($15 million equivalent).  IFCs participation is expected to be up to 18% of total equity, or up to $3 million equivalent approximately.  Other international and domestic investors have also been invited to participate in the equity.
DCM CRT Santander The proposed project (the Project) consists of a Synthetic Risk Transfer (SRT) transaction in which IFC will take up to MXN 2.4 billion of unfunded mezzanine risk exposure towards a MXN 34.3 billion portfolio of SME and mid-sized corporate loans originated by Santander Mexico.  The capital relief Santander Mexico obtains from the SRT will enable it to significantly increase its SME lending. The project will enable Santander Mexico to increase the amount of its SME and mid-market lending. The project will also contribute to creating a market for SRTs in Latin America by promoting integration of the region into the global SRT market through eventual replication of this transaction by others.
Calidra International The Project consists of Calidras investment plan in Mexico and South America to be implemented over the 2012-2014 period, geared primarily towards: (i) equipment purchases for the modernization of existing plants and acquisitions/JVs within Mexico, (ii) construction of one-two production sites in Peru and (iii) construction of one-two production sites in Colombia together with Cementos Argos (joint venture partner with Calidra). The following summary development impacts are expected to be achieved: maintaining profitability, achieving cost-energy efficiency, using alternative fuels and raising environmental, health and safety standards.
Hospitaria Project The proposed investment consists in the construction of a greenfield integrated medical complex (Binaria) in northern Monterrey that focuses on addressing the need for quality medical infrastructure in northern Monterrey through the construction of a secondary care hospital (Hospitaria) and ancillary services. The area of northern Monterrey significantly lacks quality health care services although the area has been growing substantially. The integrated medical complex includes the construction of (i) a 50 bed hospital, (ii) a consultation tower, and (iii) adjacent commercial space for specialty clinics, medical services and other related services. IFC proposed investment consists in financing the construction of Hospitaria, its medical equipment, and the pre-operating expenses related to the opening of the hospital. Provision of quality health care services to an underserved area: Both Ambar Capital and Ginequito are committed to providing quality health care services to an area which continues to grow substantially, without access to quality healthcare. The hospital will represent the first secondary care hospital in the area, thus improving the quality of health care to the local population.   

Demonstration effect: The envisioned Project is innovative in comprising a fully integrated medical complex and designed with energy efficient systems. This is expected to have a demonstration effect for further health care projects in Mexico. IFC will assist in implementing and encouraging further "green" construction. 

Strong social commitment: Ginequito has historically shown a strong commitment towards the community. The expansion will allow for Ginequito to continue its contribution to the community.

Urban frontier: The hospital will be constructed in an area of Monterrey, which does not have quality medical services readily available. The local population living in the northern part of Monterrey will benefit significantly from the planned hospital building and adjacent medical facilities.
Sala Uno Project The proposed investment consists of an approximate US$2.2 million straight equity for a minority stake in SalaUno (the Company) in order to finance the expansion of specialized eye care (cataract surgeries) in Mexico.  The purpose of the project is to provide specialized eye-care procedures to a large and underserved market in Mexico.  As such, it has exceptionally high development impact and a strong strategic fit for IFC.  The Company is expanding in a region with rising incidence of eye cataracts where the current supply has insufficient capacity to treat conditions that cause needless blindness.  The Project will also reduce geographic, economic and information barriers that prevent patients from restoring their sight. Company expanding in a region with rising incidence of eye cataracts:  the current supply fails to deliver a complete and adequate solution at affordable prices.  Reducing impact of blindness in the economy:  blindness is the second cause of impairment in Mexico and cataract accounts for 50% of blindness cases.  Eye conditions affect 40% of Mexican adults; SalaUno's potential for social impact is significant. By restoring the sight, people recover, through a relatively simple and inexpensive surgery, their capacity to produce economic value.  Reducing geographic and information barriers that prevent patients from restoring their sight.  Currently, 85% of patients treated are from the C and D income groups.   Strong demonstration effect in other players of the health sector, by generating competitive pressure to reduce prices, which will ultimately increase social impact.
Genomma Lab II Founded more than 20 years ago, Genomma Lab (Genomma or the Company) is a Mexico-based, pharmaceutical company listed in the Mexican Stock Exchange with a presence in 18 countries across Latin America, and in the U.S.. It is focused on the development, manufacturing, distribution and sales of over the-counter (OTC) or non-prescription medicines and personal care (PC) products for the private market.   The purpose of IFCs proposed financing is to support Genommas approximately US$60 million expansion plan in Latin America over the next two years (the Project). Project-level   : (i) increase access to
     quality and affordable medicines; and (ii) create
     employment opportunities and economic linkages with additional gross value
     added.     
    Market creation   : enhance resilience of
     supply chains for over-the-counter medical supplies.
Qualita Project Qualita is a large Mexican IT company founded in 1983 by Antonio Fajer,  who grew the business to its current size of over US$100 million in sales.  The company focuses on the large and medium size Mexican corporate market, and its clients include some of the largest companies and government agencies in the country.    The  project consists of financing: i) Qualitas expansion in the Solutions space; ii) improvement of the companys internal information systems; iii) construction of two new support centers; and iv) working capital needs.    The project will have significant developmental impact by potentially creating hundreds of IT related jobs in Mexico.  Qualita will also contribute to the training of skilled technology workers in Mexico by exposing them to international best practices.  Qualita can also contribute to improving the efficiency of business and government institutions in Mexico through providing state-of-the-art technology and services.  In a rapidly changing technology environment, Qualita can use its expertise to help large and medium sized Mexican companies and government agencies unfamiliar with technological solutions increase their technology utilization, in turn supporting economic growth and development.    An IFC investment would support a local technology company that has successfully grown to become a leading IT company in Mexico, professionally managed, and with strong corporate governance procedures.  The economic turndown and the decline of appetite for technology investments by private equity investors have made it extremely difficult for companies such as Qualita to raise capital.  In addition to providing capital, IFC would also be playing an important role in attracting other investors.  In addition, IFC will be able to bring its global knowledge of IT services to help Qualita in its growth strategy.  IFC could also provide assistance to the company on setting up a more proactive approach to the companys foreign exchange risk management.
Artha Capital Artha Capital S de RL de DV (Artha or the Sponsor) a Mexican real estate fund, focused on the development of affordable housing, retail, industrial and tourism projects in Mexico. Artha finances land and infrastructure investments consisting of the acquisition and development of land, the implementation of planned and sustainable urban projects and the implementation of basis infrastructure and sale of land for the purposes of housing, tourism, industrial and commercial development.
 
The Company completed the raising of $200 million and has already built up a solid project pipeline. In its efforts to diversify its portfolio and complete the execution of its targeted projects Artha has invited IFC to invest up to $25 million equivalent in Mexican pesos in equity to finance the individual sub-projects. It is estimated that Artha will raise additional financing of $75 million. The development impact of this project includes: 
(i) housing supply - alleviate the current housing shortage in Mexico; 
ii) community development - development of states and municipalities facilitating the efficient provision of municipal services; 
(iii) economic growth - contribution to the economic growth in the regions where investments will be made as a result of public private participation; and 
(iv) job creation - the project will create job opportunities both during construction and operation of the communities; 
(v) enhanced local supply linkages - increase demand for construction and building materials in the country.
Fibra MQ SLL FIBRA Macquarie Mexico (FIBRA MQ) is a publicly listed Mexican real estate investment trust with a US$1.3 billion market capitalization, headquartered in Mexico City that primarily focuses on the acquisition, development, leasing, and management of industrial real estate assets.    The proposed project entails an up to US$150 million sustainability linked A loan with a tenor of up to seven years to FIBRA MQ to develop its 20232025 investment program in industrial parks. This includes the development of new green industrial assets in markets such as Mexico City Metropolitan Area, Monterrey, Ciudad Juarez, Reynosa, and Tijuana for a total of 2 million square footage in gross leasing area (GLA). It also includes energy efficiency upgrades in existing properties through IFCs Green Pathways for Real Estate Institutional Portfolios (GRIP) decarbonization program (both capital expenditure and advisory initiatives together are defined as the Project). The most significant expected Project-level outcomes are (i) stakeholder effects on customers through increased access to high-quality industrial assets; and (ii) environmental effects through improved resource efficiency of green buildings. Beyond the Project, IFC anticipates that the investment will promote greater sustainability in Mexico's property sector. As one the largest industrial asset-focused FIBRAs, the potential portfolio-wide greening of Fibra MQ will provide a highly visible demonstration case and spur further competition among other institutional real estate players, which could have a catalytic impact on the industrial real estate market in the country.
FINEM Edu Loans Financiera Educativa de Mexico SA de CV (Finem) is a specialized non-bank financial institution that focuses on financing the education sector in Mexico. IFC previously committed financing facilities to support the initiation of Finems business, which is aimed at providing peso denominated loans to privately-owned schools and higher education institutions, to help fund their expansion and modernization programs. In addition, Finem also provides advisory services or technical assistance in a wide range of managerial or technical disciplines, to help qualifying clients reinforce the quality of their management and become more viable and competitive firms.

The Project presented herein is a $15 million equivalent loan facility aimed at supporting Finems new student loan business. Finems goal at this stage is to finance loans originated at the university level. This will enable Finem to gain expertise in the business without initially having to build full servicing capabilities, which could be developed at a later stage. The project will enhance access to higher education in Mexico by supporting the development of the private sector student loan market. Improved access to student financing will be critical in realizing the enrollment expansion rates that both Government and private sector analysts expect to take place in the medium term. 

In addition to this, a well developed student loan market could help to improve equality in access to education in Mexico, by enabling mid and lower income students to finance their post-secondary education with long term loans. Finally, developing the student loan market deepens financial markets by adding a new asset class for financial institutions and investors.
CalidraArgentina The Project consists of Grupo Calidras (Calidra or the Company) investment plan to enter the Argentine market. Calidra will invest in CEFAS S.A., an important player in lime production in Argentina and realize subsequent investments for capacity expansion and operational improvements. This in turn will enable Calidra to enter the Chilean market via exports. The following development impacts are expected to be achieved: (i) Increased competition; (ii) Sustainability; (iii) Increased productivity of local players; (iv) Efficiency in costs; and (v) Raising environmental, health, and safety standards.
Occidental MEX The project is aimed at spinning off four Occindental''s hotels in Mexico in one company (the company) that will become the main vehicle for Occidental''s future developments in Mexico and in the region. Occidental will contribute four hotels and IFC will help raise the necessary debt financing and invest a further $10 million in quasi-equity. Once the company has been properly financed, FONATUR, Mexicos tourism development agency, will consider becoming a minority shareholder in the company through the contribution of hotel assets or plot of land suitable for hotel development.  Through the proposed investment IFC will support the establishment of what is likely to become an important regional hotel company in Mexico and Central and South America, following a market downturn. IFC will provide a financing package with long maturities which the market cannot provide and will help put the company on a sound long term footing.  Also, IFCs proposed participation is key to help structure the project and raise complementary financing.  In addition, IFC has played an important role by encouraging Occidental to review its fire & safety standards for its whole hotel portfolio, and has led Occidental to a new program of developing a comprehensive and high impact corporate risk management system aimed at identifying and mitigating environmental, fire & safety and sustainability risks related to the management and development of hotel operations.  In the long term, IFCs involvement will support the efforts of the Mexican government to leverage the assets of FONATUR by entering into joint ventures with the private sector. In this context, IFC will play a honest broker role between Occidental, a foreign company, and FONATUR, a government agency.  IFCs participation will also help ensure that all properties owned by the Company will comply with IFC and WBG environmental, social and life and fire and safety policies and guidelines.
DCM ABL Consuban The investment supports a MXN2,200 million (~US$129 million equivalent), 5-year tenor, private-listed placement of a social asset-backed securitization issued by a special purpose vehicle (the Issuing Trust) serviced by Consubanco, S.A., Institucion de Banca Multiple (CSB or the Bank). IFC played an anchor investor role through the subscription of MXN1,100 million (~US$64.5 million equivalent) on an own account basis and played a catalytic role to mobilize MXN1,100  million (~US$64.5 million equivalent) from other institutional investors (the Project). The Issuing Trust acquired and will hold the loans originated by CSB, to pensioners and women, and those assets are expected to be the only source of repayment for the bond. The most significant anticipated project-level impact is increased access to finance in Mexico for pensioners, including underserved women pensioners. At a market level, IFC anticipates that the investment will have the potential to promote integration in the Mexican financial market via the demonstration and replication by other FIs of the first private and subsequently listed social asset-backed securitization in Mexico.
DCM Dimex ABL The proposed IFC investment consists of (i) a 5-year senior secured loan of up to MXN1,000 million (~US$50mn equivalent) to a special purpose vehicle (Trust or the Borrower) serviced by Dimex Capital, S.A. de C.V., SOFOM, ENR (Dimex), a non-bank financial institution (NBFI) with a proven track record of granting loans to pensioners; and (ii) up to MXN200 million (~US$10 million equivalent) to be committed in a later stage in form of a Partial Credit Guarantee (PCG) or a senior pari-passu participation in the Trusts issuance in the capital markets. The most significant, anticipated Project-level impact is increased access to finance for underserved pensioners in Mexico. Beyond the Project, IFC anticipates that the investment will contribute to promoting market competitiveness via the demonstration, innovation, and replication channels. IFCs engagement with NBFIs with unique business models to reach MSMEs aims to exert an increased competition in the market that is underserved by large banks.
North American Software S.A. de C.V. North American Software S.A. de C.V. (Nasoft or the company) was founded in 2000 as a private Mexican enterprise, providing business applications consulting services in Mexico, Central America and the United States.  Nasoft serves primarily large domestic and international private sector companies, and progressively a growing number of SMEs.  Nasoft is a top business partner of leading enterprise software application vendors.  The companys growth strategy is built on offering innovative outsourcing models in order to serve more companies in less affluent markets.  The project will help finance Nasofts growth and expansion strategy through:   - improving product packaging and promotional material,  - providing general working capital for capacity building, and  - continuing its expansion to selected markets in Mexico and Central America. Nasofts services contribute to the adoption of better business processes and accounting reporting compliance for enterprises, especially SMEs.  The typical business application consulting services implementation includes a review, and as appropriate, improvement of the clients accounting practices, internal controls and reporting requirements.  Nasofts offering makes it possible for SMEs to adopt top enterprise software applications such as SAP and Oracle, and the associated better practices at an affordable and cost effective manner, as SMEs are able to pay for the usage without major investments in expensive licenses and IT infrastructure.  The project will help catalyze the emergence of a strong regional player in the IT services segment with the potential to establish joint ventures with other IT service companies in the region, replicating many of the solutions already in place in Mexico City.  Nasofts services are being scaled up across and replicated in other cities in Mexico and Central America.  Companies similar to Nasoft contribute to the growth of and innovation in the IT sector.  The IT sector is a creator of high quality employment opportunities, due to the highly skilled labor requirements for delivering world-class, competitive products and services.  Nasoft offers college graduates an opportunity to apply their talents and knowledge to innovative technical solutions in many sectors (such as retail, banking, and manufacturing), thereby creating a domestic alternative to brain-drain foreign destinations.  Nasoft already has a Central American office in San Jose, Costa Rica, from where regional sales of business applications consulting services are coordinated.  The use of proceeds from this project includes penetrating further the Central America market.  As data communications infrastructure improves in the region, Nasoft will consider establishing regional hosting centers from where an outsourcing offering will be possible, benefiting SMEs in the region, some potentially located in IDA countries and frontier regions.
Fideicomiso Irrevocable F2061 FHipo The proposed project consists of credit facility through a financing structure with Fideicomiso Hipotecario (Fideicomiso Irrevocable F/2061 FHipo; BMV Ticker: FHIPO) (FHipo).  With this financing, FHipo will continue to provide liquidity to mortgage loan originators in Mexico, allowing them to expand the amount of mortgages granted and thus benefiting a greater number of Mexican families. IFC's support will enable FHipo to expand the scale of its investments, by increasing the amount of residential mortgage portfolios acquired by them. This in turn is expected to have a twofold impact:
i) Residential mortgages originators will be benefited by obtaining access to liquidity and funding diversification to increase their operations, and, consequently, increasing the number of families being able to get mortgage financing; and 
ii) Institutional investors will also benefit from the proposed Project, since it will contribute to a wider availability of impact investment opportunities in form of RMBS in the capital markets.