devinitorg/iati-policy-markers huggingface dataset:
AEF-I-P10004323-001 The objective of the investment is to allow the company to continue its expansion in the Kenyan market specifically. The proceeds of the loan will primarily be used to fund working capital needs.
MASSIF-P10003338-003 After a first loan provided to Babban Gona in 2017, the new facility (up to USD 15 million – consisting of a committed and an uncommitted facility) will allow Babban Gona to further expand its innovative farmer service model which is estimated to increase smallholders’ yields to up to 2 times the national average.
Building Prospects-P10001077-004 Development funding pre-financial close towards the realization of a 60MW highly efficient wind power farm. FMO will provide 20% of the total development funding required alongside AFC, CIO and GHIH. Post-financial close FMO intends to become a minority shareholder and senior debt financier/arranger along with its development partners, investors AFC, CIO, and GHIH.
MASSIF-P10004736-001 The loan facility to Fin’ELLE will support on-lending to women micro-entrepreneurs and SMEs, which is fully aligned with FMO’s strategic goal of reducing inequalities and promoting gender equality.
MASSIF-P10003193-003 As a greenfield NBFI, AFC has made progress in introducing products and processes to support its cocoa farmer client-base with appropriate financial services. With these operations up and running, the next challenge is to position AFC for the future and to (a) make operations more sustainable by diversification into different sectors, and through development of alternative products in order to minimize concentration risks; and (b) to contribute to the success of their clients’ businesses and livelihoods, with the aim of reducing credit risk, by offering deposit products and insurance services.  The aim of this project is to do so by deepening AFC’s organizational strategy.
MASSIF-P10000205-008 KrK has a clear rural focus with a large agricultural portfolio (>50 percent). Loans are predominately provided in economically disadvantaged communities to small farmers and entrepreneurs and the portfolio is devoted to micro-financing activities. KrK provides high quality services and loans for productive purposes, the institution contributes to the economic development of the country, especially considering the high unemployment rate.
MASSIF-P10003350-001 FMO will be investing up to EUR 9 million along with Investec Africa Private Equity Fund 2, Investec Asset Management's second fund, to provide the company with the necessary capital to strengthen the company's financial sustainability and make it a significant player in the market.
MASSIF-P10003433-001 EAV is a pioneer in the off grid / access to energy sector and has to date built up an initial portfolio of six companies, including: three Solar Home Systems companies, a ‘gas for-cooking’ start-up and two ‘energy for agriculture’ businesses (solar irrigation and solar-based cold storage). EAV targets somewhere between 15-20 investees in order to secure sufficient diversification. FMO’s commitment will be deployed both in new investments as well as in (follow-on) investments in existing portfolio companies.
Building Prospects-P10002251-001 FMO’s financing will support DanPer through its growth phase by enabling a better match between the maturity profile of its assets and funding lines. USD 5 million of the USD 30 million facility, will be provided by the Infrastructure Development Fund (IDF) which FMO manages on behalf of the Dutch Ministry of Development Cooperation. To assist the company in dealing with weather related effects, such as the El Niño effect of 2015, FMO has established a capacity development plan to assist them with an Integrated Water Management Plan to manage the water risks, which is aligned with the Alliance for Water Stewardship Standard. DanPer has adopted IFC Performance Standards and completed Environmental Impact Assessments for all their operations; they already adhere to international certifications (ISO 14001, SA8000, OHSAS 18001 and Global/US GAP). All farms make use of drip irrigation and have reservoirs to store water; waste water is treated and reused and therefore limited amounts are discharged.
MASSIF-P10003345-003 The objective of this project is to test and scale electric motorbikes (e-bikes) as a new M-KOPA product line. This will be done through i) consultancy support on battery analytics and ii) piloting the ‘2nd Life Battery Buy Back’ scheme’, a facility that will be used by M-KOPA to re-purchase batteries, helping drive adoption of the-bikes.
MASSIF-P10000947-002 The risk of over-indebtedness is increasing. This project is focused on designing a set of responsible lending guidelines for the Cambodian microfinance sector.
MASSIF-P10004195-001 The objective of the funding is to support the entrepreneurial microfinance program for ASOCHIVIDA members managed by Nitlapan on its path to sustainability. The program provides loans and technical assistance to promote livelihood opportunities for families, whose main income earner has fallen ill to CKD. CKD is an epidemic affecting manual workers in Central America.
AEF-I-P10004507-001 PEII has the goal to provide early stage investments in companies providing clean, affordable, renewable off-grid energy solutions. In April 2019, the Dutch Ministry of Foreign Affairs (“MoFA”) approved a commitment of EUR 2.5 mil (USD 2.8 mil) to PEII from the special AEF Non-Revolving Grant Budget, specifically from the EUR 5.9 mil envelope for Early Stage Investment Grants.
MASSIF-P10000884-001 FMO provided an unsecured senior debt facility of USD 5 mln with a tenor of 4 years. The funds will be utilized to finance the growth of the microfinance portfolio in rural areas of Java.
MASSIF-P10003867-002 FMO’s contribution aims at increasing the dialogue between Smart Campaign and Apollo, supporting the adaptation of Smart Campaign’s standards for digital credit to Apollo’s smallholder finance business model, and in the future, to similar digital credit providers in the region.
MASSIF-P10003974-002 To increase access to improved and appropriate finance to Myanmar’s farmers through the implementation of a solution developed by AgFintech Harvesting. The project will scale Maha’s farmer lending operations, through implementation of a digital field application, building credit risk scores using alternative datasets, including geodata, provision of loan approval and monitoring dashboard.
MASSIF-P10002467-001 The capacity development grant to LFS will enable the development of AccessCampus, a training academy for middle and senior managers in the organization's Access Microfinance Holding network banks, many of which are FMO clients. The campus has been developed in order to better enable the network to cope with the pressure to hire, retain and develop skilled people to manage the growing banks. The campus, based in Berlin, complements existing training (local courses, on the job training and short/long term expat consultancy missions) and aims to train the staff that are identified as high potential and support their development into the managers of the network banks. The campus is based on job and soft-skills training, and uses modern techniques for adult education (peer learning, discussion, experience interchange). Aa key benefit of this approach is that people from Access banks around the world learn from each other's experiences.
MASSIF-P10000046-006 The basic rationale for this project is for Intellecap to replicate the success of the Sankalp Forum, a proven approach from India, in Africa. They will support early stage enterprises to grow, improve their business models and make them investment ready.
MASSIF-P10003410-001 Fmo is providing a 5-year ZAR equivalent senior loan of USD 3.5 mln to Spartan to support their recent strategic change towards full SME dedication with a focus on specialised SME finance.
Building Prospects-P10001968-005 The objective is to support Sucafina with the Farmer Hub Activation phase, which is the extension of the initial Farmer Hub Initiative that was finalized in June 2019 with the support of Capacity Development (CD).
Building Prospects-P10001968-004 The objective is to support Sucafina to develop ‘Farmer Hubs’. These are whole-farm, year-round engagements with smallholder farmers in six countries in East Africa. Farmer Hubs are both physical and digital businesses that create economically successful farmers through business models being tailored to the different origins and types of farmers. The project is designed in three phases, from i) incubation to ii) piloting to iii) scaling.
MASSIF-P10001887-001 FMO will invest US$5 mln in Class B equity, and due to the fund's 50/50 debt/equity structure, FMO's equity will catalyze US$5 mln in debt from other investors. The transaction will reach a large number of smallholders by providing finance to producer organizations (cooperatives). The initial focus of the fund is on Latin America and the Caribbean, one of the main Fairtrade markets, with later expansion to Africa and Asia.
MASSIF-P10001285-001 MicroKing will receive a USD 5 million senior loan with a 3 year tenor and will use this funding to provide loans to small enterprises that have a USD income (common in Zimbabwe).
AEF-I-P10004011-001 FMO is investing up to EUR 10 million along with Swedfund and Norfund and lead-investor Evolution II Fund, Inspired Evolution Investment Management's second fund. Funding is to provide the company with the necessary capital to allow the company’s further growth and further consolidate its position as market leader.
MASSIF-P00018142-010 FAMA will use the new facility to continue funding clients in underserved areas of Nicaragua. The objective of these funds is to extend access to finance for micro-, small- and medium-sized enterprises.
MASSIF-P10001660-004 Development of an environmental and social (E&S) process to become an integral part of ACL’s credit decision-making process with the aim to assess the E&S risks, understand the potential reputational risk and make a well-informed and weighted decision whether to continue a transaction with the prospective client.
Building Prospects-P10004406-001 The objective of FMO’s financing is to fund the development, construction, and operation of a portfolio of run-of-river hydroelectric projects in Madagascar.
MASSIF-P10003629-001 FMO provides a 3-year convertible facility through the MASSIF financial inclusion fund. The purpose of the facility is to support the early-stage loan portfolio growth.
MASSIF-P10003690-001 The objective of the project is to support African Microfinance Week in developing and sharing content focused on the benefits and opportunities provided by FinTech for MSME customers.
AEF-I-P10001077-003 The project is the development of a renewable ROR hydro project in Côte d’Ivoire, to meet pressing energy demand in the country. The project was started by three experienced Ivorian entrepreneurs.The development costs include technical consultancy (incl. ESIA), legal consultancy, financial and tax advisory, due diligence of the lenders, and contingency. At financial close Project investment cost is estimated US$ 120 million.
AEF-I-P10003433-001 EAV is a pioneer in the off grid / access to energy sector and has to date built up an initial portfolio of six companies, including: three Solar Home Systems companies, a ‘gas for-cooking’ start-up and two ‘energy for agriculture’ businesses (solar irrigation and solar-based cold storage). EAV targets somewhere between 15-20 investees in order to secure sufficient diversification. FMO’s commitment will be deployed both in new investments as well as in (follow-on) investments in existing portfolio companies.
Building Prospects-P10004407-001 The objective of our funding is to finance (i) the construction of collection centres for warehousing and transport of produce, (ii) distribution centres with cold storage and a fleet of refrigerated trucks for managing logistics and transport, (iii) the rollout of retail stores in urban areas of Mumbai, Pune and Nashik and (iv) the expansion of the existing production plant.
MASSIF-P10001624-002 Vistaar has significant expansion plans. In order to improve its customer assessment method, customer service quality and to help maintaining good controls on the systems and processes, Vistaar is working on migrating to a more robust and scalable IT platform. Social metrics are integrated in the system to enable Vistaar to more evidently assess this in their strategy forward.
MASSIF-P10001921-006 To support Kompanion Bank’s implementation of individual lending with the support of international consultants.
MASSIF-P10002749-002 The goal of this project is to support SEF in designing and launching a Total Quality Management system that will ensure quality and compliance, accompanied by a set of tools to measure this on an ongoing basis.
MASSIF-P10001503-001 In April 2013, FMO invested USD 4.9 million in NMBZ, acquiring an equity stake of 9%. The new capital will contribute to strengthening NMB’s capital base, supporting the growth of the bank and helping it comply with recently-increased minimum capital criteria. The investment is part of a total package of capital injections that also included AfricInvest and Norfund. In addition to their financial contribution, the investors plan to contribute to the bank’s development by nominating experienced board members and by providing technical assistance in areas requiring further strengthening.
Building Prospects-P10000732-001 This project was partially financed through the Infrastructure Development Fund. The financing was provided to support the design, construction, operation and maintenance of the 6.7 km toll bridge and access roads in Abidjan.
MASSIF-P10003053-001 To introduce a Business Skills Excellence Program (BSEP) in Ghana. To achieve this IIA will link SMEs on the programme with global consultants to embed the right strategies to make them locally, regionally and internationally competitive. To do so, IIA is has partnered with EY to provide expert consultants with SME advisory experience to develop bespoke systems and structures to support SME management teams as they grow their business.
Building Prospects-P10003123-001 Funds from IDF will be used for capex, refinancing existing shorter term debt, working capital and includes a USD5 million contingency facility. New Forests Company Holdings (NFCH) will provide an additional USD2 million funding if the contingency facility is triggered.
MASSIF-P10003768-001 Support access to finance for women microentrepreneurs active in the clean energy sector by setting up a working capital fund managed by FM.
MASSIF-P00015350-005 Through AfricInvest, FMO's grant will support three specific areas of Microcred Mali's business: operations, product development and the improvement of a Management Information System.
MASSIF-P10001428-001 While aid and donor contributions were pledged quickly, mobilizing commercial funding to grow the Haitian economy remained a challenge. FMO’s USD 8.5 million commitment ensured LHF would meet the minimum required fund size of USD 20 million and could immediately become an active investor in the Haitian market. LHF will provide Haitian small and medium enterprises (SME) with much-needed risk capital, focusing on the food processing, tourism, affordable housing and renewable energy sectors.
Building Prospects-P10005684-001 FMO’s equity investment of EUR10.9m will be used towards their proportional acquisition of 60% of the equity rights in Senergy 2, 100% of Kodeni Solar and 90% Walo Storage. This financing will further facilitate the development, construction and operations of these projects, with total project costs up to EUR 77m. In addition, FMO will provide an additional EUR 2m to the Africa REN Development Company, which will be used to finance new development projects. This is a co-investment with FMO investee Metier Sustainable Capital International Fund II LP, who will become a shareholder in Africa REN AssetCo alongside FMO.
Building Prospects-P10005685-001 FMO’s equity investment of EUR10.9m will be used towards their proportional acquisition of 60% of the equity rights in Senergy 2, 100% of Kodeni Solar and 90% Walo Storage. This financing will further facilitate the development, construction and operations of these projects, with total project costs up to EUR 77m. In addition, FMO will provide an additional EUR 2m to the Africa REN Development Company, which will be used to finance new development projects. This is a co-investment with FMO investee Metier Sustainable Capital International Fund II LP, who will become a shareholder in Africa REN AssetCo alongside FMO.
MASSIF-P10002896-001 To allow Dolma Fund Management to hire an international consultant to guide them with Environmental & Social risk management policies.
Building Prospects-P10004482-001 With FMO’s financing, &Green will further expand its portfolio of investments and mobilize funds from private and public institutions.
MASSIF-P10004068-003 The funding objective is to perform a Client Protection Principles assessment and outline an action plan for AMZ to achieve Bronze CPP certification in the coming years.
MASSIF-P10001448-002 FMO's funding will support the company's growth plans by strengthening its funding base with longer tenors. Additionally, 20% of FMO's funds will be earmarked to green vehicle finance, thereby supporting the company's expansion into this field.
MASSIF-P10004604-001 FMO will provide a grant to One To Watch to support two accelerator programs for local entrepreneurs/small and medium enterprises in Myanmar and Nepal to support capacity building and make them investment-ready.
MASSIF-P10004480-001 The objective is to support Mercon Coffee Group’s Seeds for Progress Foundation with the establishment and replication of two so-called Escuela y Café (“School and Coffee”) Colombian pilot projects in two different coffee communities in Nicaragua, to incentivize rural youth to remain in the coffee industry to ensure the continued supply of coffee.
Building Prospects-P10004011-001 FMO is investing up to EUR 10 million along with Swedfund and Norfund and lead-investor Evolution II Fund, Inspired Evolution Investment Management's second fund. Funding is to provide the company with the necessary capital to allow the company’s further growth and further consolidate its position as market leader.
MASSIF-P10003997-001 FMO is extending a USD 450,000 convertible grant to Kenyan-based FinTech platform Lendable providing a ‘first loss’ backstop that is expected to unlock an additional funding from commercial investors. This will fund loans from Lendable’s alternative lender clients across Africa to small and micro enterprises and low-income consumer borrowers.
AEF-I-P10004258-001 FMO’s funding will be solely used to develop, construct and operate solar energy projects in the Ukraine, one of the core markets of Scatec Solar. The first tranche of FMO’s investment has been used to (indirectly) fund a 30MW solar PV project in the Cherkasy region in Ukraine. Subsequent tranches of FMO funding will be deployed on another solar PV project under development by Scatec Solar in Ukraine.
Building Prospects-P10001968-003 The project focusses on the development and implementation of an Environmental and Social action plan on the Sucafina holding level (company wide), the implementation of a farmer support programme and in-house knowledge & skills development.
AEF-I-P10003517-001 EEGF will be able to provide tailored debt financing products (as well as equity up to 30% of the fund) to a broad range of companies in the wider energy access space (incl. early stage companies to bridge the financing gap to commercial capital), while its long fund life allows investments into sectors that require patient capital (e.g. C&I sector and mini-grids but also so-called second generation SHS companies). EEGF will serve as a ‘one-stop shop’ able to potentially provide multiple rounds of funding, reducing time spent on capital raising by investee’s senior management. Next to financing, EEGF is set-up to provide hands-on support to investees.
MASSIF-P10005981-001 HCGF IV has been established to invest primarily in fast-growing, export-oriented, asset-light companies that leverage Ukraine’s competitive cost base to generate global revenues. In addition, the Fund may also seek out select domestic champions with potential to grow from local to regional market leaders. Sectors will include IT, e-commerce, innovative retail, consumer goods and fintech. The funding objective is to support the Fund in reaching its target size of USD 250mln.
MASSIF-P10003974-003 The intended USD 6mln in MMK equivalent will further support Maha in reaching out to its farmers and small business owners in rural Myanmar. With this funding Maha can further realize its growth ambitions in a challenging market where funding remain scarce.
MASSIF-P00018782-005 FMO is extending a senior secured MASSIF loan of the Moldovan Leu equivalent of maximum EUR 4 million, with a 5 year tenor and 1 year grace period. By using this local currency structure, both direct and indirect currency exchange (FX) risks will be mitigated for TL as well as for its clients. Currently, all TL’s funding and most of its leasing portfolio is denominated in or indexed to EUR/USD, effectively minimizing on-balance sheet FX mismatches. The loan is intended to support TL in expanding its MSME financing in both urban and rural areas and to foster the development of the strategic economic sectors in Moldova.
MASSIF-P10002277-001 These funds were used to acquire the assets from Save the Children. Further funds have and will be used to further grow the loan portfolio. The entire loan portfolio is focused on providing financing to the financially underserved, urban and rural women of a low income country. With these loans, economic activity will be enhanced in rural areas.
Building Prospects-P10001596-001 FMO's financing will fund new timber processing equipment, plantations and general working capital requirements. FMO's fundign complements that of fellow development finance institutions, Finnfund and Norfund (US$25 mln).
MASSIF-P10004874-001 FMO will provide a revolving unfunded (NASIRA) portfolio guarantee covering loans provided to MSMEs affected by the COVID-19 crisis (including female, young and agricultural entrepreneurs).
AEF-I-P10004232-003 FMO’s loan of EUR 9.10 million (split equally between FMO-A and Access to Energy Fund (AEF)) will catalyse another EUR 9.10 million from Proparco both with an 18-year tenor. In addition, an EUR 2.06 million loan from AEF will be provided which has a 20-year tenor. This financing will allow for the development, construction, operation and maintenance of a 24MWp solar farm  near Tenkodogo in Burkina Faso, with a total project cost of EUR 25.7 million.
MASSIF-P10000069-004 By supporting Microinvest, FMO helps facilitating access to finance for micro entrepreneurs, mainly in the agricultural sector.  By providing finance to micro clients, Microinvest promotes economic growth amongst the low-income population. These small entrepreneurs receive an average loan of USD$ 2,500. The vast majority of the clients employ less than 10 employees.
MASSIF-P10003605-001 The loan facility to COFINA Côte d’Ivoire will support on-lending to women micro-entrepreneurs, young entrepreneurs and SMEs, which is fully aligned with FMO’s strategic goal of Reducing Inequalities and SDG 8.
Building Prospects-P10014423-001 The proposed financing is earmarked for Burkina Faso, Cote d’Ivoire and Mozambique. FMO is the mandated lead arranger for a USD 50mln senior secured facility (on a best-efforts basis) composed of USD 40mln for capital expenditure (land, building warehousing facilities, machinery, and equipment) and USD 10mln for working capital. The facility will be funded by FMO-A (USD 15mln), Building Prospects (USD 10mln) and FIM funds (USD 15mln). FIM funds are funds serviced by FMO Investment Management and share an emerging market focus and the combined objective of investing for both financial returns and development impact. In addition, it is expected that a European DFI will participate for USD 10mln.