devinitorg/iati-policy-markers huggingface dataset:
PC CAPITAL DEVELOPMENT II, LP The project entails an IFC equity commitment of up to US$20 million, not to exceed 20% of total commitments, in PC Capital Development Fund II, L.P. (The Fund), a 10-year closed-end generalist fund raising $100 million to make growth equity and buyout investments in 6-8 Small and Medium Enterprises (SMEs) located in Mexico. Project Outcomes 
Stakeholders - Improved Access to Capital for SMEs in the Mexican PE market: The Fund will provide access to growth capital with an average ticket size of US$5 to 10 million in 6 to 8 Mexico SMEs, with total commitments expected to be up to US$20 million including follow-on investments for platform building and M&A.

Stakeholders - Increased Investee Growth: The Fund is expected to add value to its investee companies by employing similar value creation strategies as Fund I through four key value-add approaches; (i) DD and Structuring; (ii) Operation; (iii) Governance; and (iv) Financial optimization.

Contribution to Market Creation 
Competitiveness: The project is expected to strengthen the SME segment of the PE market by demonstrating proof of concept of this business model and contributing to attract further funding into the underserved SME PE space. This is expected to result in the crowding in of new funds in the SME segment of the markets, which could occur via emerging new fund managers or existing fund managers targeting this segment.
GSCF HSBC Mexico The proposed investment is a risk-sharing facility with HSBC Mexico S.A., Institución de Banca Múltiple, Grupo Financiero (HSBC Mexico) in a portfolio of supply chain finance-related assets for up to US$200 million with IFC investment of up to US$100 million (the Project).      The Project falls under the Global Supply Chain Finance (GSCF) Program, a supply chain finance program launched by the International Finance Corporation (IFC) in December 2022. The GSCF supports open account trade in the emerging markets by providing direct loan, funded or unfunded risk participation in partner banks facilities. Project Outcome:
Stakeholder effects - Increased access to finance for suppliers in Mexico: the Project is expected to promote sustainable supply chains and enable access to finance for local suppliers and SME suppliers in Mexico, including the last mile of the supply chain, which is second-tier or deep-tier SME suppliers, at an accelerated pace via participation structure with HSBC. A couple of practical constraints have discouraged the financing of the SCF gaps in EMs: (i) inability to address receivables financing needs from suppliers of non-investment grade buyers; and (ii) manual and fragmented processes, leading to inefficiencies. Approximately 31% of SMEs in Mexico cite a lack of access to funding as a major obstacle to growth. The lack of access to finance in Mexico is even worse for women-owned SMEs, with 35% of them reporting being financially constrained, compared to 28% for men-owned SMEs. To address these gaps, the Project will (i) provide sustainable financial inclusion by covering buyers with climate targets to support their suppliers in EMs to enhance the connectivity to value chains globally; and (ii) facilitate and undertake more SCF and therefore enhance market integration and efficiencies for intraregional trade.Project Outcome:
Stakeholder effects - Increased access to finance for suppliers in Mexico: the Project is expected to promote sustainable supply chains and enable access to finance for local suppliers and SME suppliers in Mexico, including the last mile of the supply chain, which is second-tier or deep-tier SME suppliers, at an accelerated pace via participation structure with HSBC. A couple of practical constraints have discouraged the financing of the SCF gaps in EMs: (i) inability to address receivables financing needs from suppliers of non-investment grade buyers; and (ii) manual and fragmented processes, leading to inefficiencies. Approximately 31% of SMEs in Mexico cite a lack of access to funding as a major obstacle to growth
Hipotecaria Su Casita, S.A. de C.V. - SOFOL - Warehousing Line Hipotecaria Su Casita, S.A. de C.V. (HSC or Su Casita) is Mexicos second largest Sofol (specialized mortgage lending institution) by market share.  Its main function is to extend mortgage loans to low-income individuals under the auspices of SHF (Sociedad Hipotecaria Federal) financing programs, and to provide construction financing to developers of low-income housing.  It controls approximately 18% of the mortgage market served by Sofoles, based on total loan portfolio.  It has 107 offices in Mexico.  Su Casita was established in 1994.  As of December 2004, it had total assets of $1.85 billion equivalent and shareholders equity of $127 million equivalent.  It is rated A3.mx (national scale issuer rating), and Ba3 (global scale local currency issuer rating) by Moodys, and A-.mx by Standard and Poors.  

HSC has grown at a rapid pace since its inception a decade ago, given the high demand for low-income housing in Mexico.  To enable it to continue to grow in step with the market and to diversify its funding source from the SHF, its strategy is to maintain its ongoing securitization program, thus enabling it to free up its balance sheet of assets so securitized.  The purpose of IFCs loan is to support HSC in this securitization program.  IFCs loan will be collateralized by a pool of mortgages that will satisfy IFC-stated criteria and be held in a Security Trust.  This loan will thus readily enable Su Casita to support its securitization from a pool of high-quality assets that will already be in the Trust.
Nexxus Capital Private Equity Fund III LP Nexxus Capital Private Equity Fund III (Nexxus Capital III or the Fund) is a $200 million private equity fund that will target investments in middle-market Mexican companies.  The Fund is designed to achieve superior returns by acquiring control or influential minority ownership positions in undervalued Mexican companies.  The portfolio is expected to comprise companies in sectors such as finance and lending; home building; distribution and logistics; telecom and communications, business services, media and retail stores.  

Nexxus Capital III is a follow-on fund to Zephyr-Nexxus Mexico I (ZNM I), a $76.5 million fund of vintage 1999, and Zephyr-Nexxus Mexico II (ZNM II), a $119.5 million fund of vintage 2002.  IFC invested $15.3 million in ZNM I and $10 million in ZNM II.  The prior two funds were established and managed by a joint venture set up by a local investment team (the Nexxus team) and Zephyr Management (Zephyr).  The local team is now spinning off and seeking to raise a third fund on its own to take advantage of opportunities offered by Mexicos sustained economic expansion and positive demographic trends.  The IFC project team proposes to support the local team in its evolution into the first Mexican-run private equity firm.
Tuxpan Project Riveras Del Pantepec, S.A. de C.V. (the Company) is developing a new container terminal (the Terminal) on Mexicos Atlantic coast in the Municipality of Tuxpan, State of Veracruz. The Project primarily consists of (i) the construction of a 560 meter quay; (ii) the installation of four Super Post-Panamax Ship-to-Shore gantry cranes, eight Automatic Stacking Cranes (ASCs) and other terminal handling equipment; and (iii) the construction of a 13 hectare container yard.  The Terminal is estimated to have an initial annual capacity of 576,000 twenty foot equivalent container units (TEUs) per annum. The Project will create a new gateway to help accommodate Mexico''s growing container trade and add 576,000 TEUs of modern container handling capacity to Mexico''s Atlantic coast.  The Terminal will provide competition to the port sector and encourage existing operators to increase their efficiency.  Located approximately 150 kilometer close to major production and consumption areas of Greater Mexico City, the Terminal would also reduce in-land transportation time and cost for shippers and consumers. The Project will also generate public revenues, jobs and a boost to economic activity in Tuxpan and in the State of Veracruz.
Grupo Industrial Bimbo, S.A. de C.V. Summary Of Project Information (SPI)       Project Name    Mexico-GIBSA III              Region    Latin America and Caribbean        Sector       Project No007053   Projected Board DateSeptember 28, 1995   Company NameGrupo Industrial Bimbo, S.A. de C.V.   Technical Partner and/or Major Shareholders    	Servitje, Sendra and Mata Roman families.    Project Cost Including proposed IFC investment    	US$200.4   	Proposed IFC investment: A Loan of US$20 million   					 Asset backed certificate:  US$5 million   					 C Loan of US$30 million    Location of project and Description of site    	Mexico.  Project sites include various locations in different parts of Mexico.    Description of Company and Purpose of Project    	The company produces, markets and distributes prepackaged bread and bakery products.  The purpose of the project is to assist the Company in financing the modernization and expansion of its production and distribution facilities.    Environmental Category and Issues    	This is a category B project according to IFCs environmental review procedure.  Environmental, health and safety issues include air emissions, liquid effluents, solid wastes, and general employee training, and health and safety.     	IFC will ensure that (i)GIBSA designs and operates this project in compliance with all pertinent Government of Mexico and local standards as well as the World Bank guidelines; (ii) by evaluating monitoring  reports submitted annually to IFC by GIBSA; and (iii) by conducting periodic supervision.     The  is  from the Public Information Center.       Date SPI sent to PIC     September 11, 1995      For Additional Information contact:  Corporate Relations Unit -   telephone: (202) 473-7711   facsimile: (202) 676-0365  Environmental documents for this project are available at http://www.ifc.org and from the World Bank InfoShop (http://www.worldbank.org/html/pic/aboutinfo.html).
URBI Verde I Urbi Desarollos Urbanos SAB de CV (Urbi or the Company) has requested IFC to support its Low Income Housing (LIH) construction and development efforts and in particular the macro projects, through an investment of up to US$50mm either in US$ or equivalent Mexican Pesos (the Project). IFC is also considering providing a US$20 million loan from the Canada Climate Change Program to support eligible green building projects in addition to mobilizing up to US$35mm equivalent in local currency through syndication. The Project''s strong development impact includes: (i) job creation; (ii) addressing the housing deficit; (iii) integrated and sustainable urban developments; (iv) transfer of knowledge and best practices on green building in Mexico, and E&S sustainability; and (v) contribution to equitable economic growth and community development.
Contigo I Project table, .k-table{ border-collapse:collapse; width:100%; table-layout:fixed; margin-bottom: 15px;} .k-table, .k-table td, table, table td {outline: 0;border: 1px solid #000; } .k-table td, table td { padding: 5px; }     The project is to extend a Mexican Peso (MXN) line of credit to continue supporting the loan portfolio growth in CEGE Capital S.A.P.I. de C.V., SOFOM, E.N.R. (Contigo or the Company). The proposed project will reach women micro-entrepreneurs in Mexico and will enhance micro lending competitiveness of the private sector and help deepening the financial sector since a high portion of the sub-borrowers served are outside the formal financial sector. Increase access to finance: Contigo provides financial services to low income segments of the Mexican population living in sub-urban and rural areas with limited credit opportunities. The Project will support the availability and growth of financing to this underserved segment.

Promote Competition: Mexico has higher lending rates for the microfinance space compared to other regions. This project will foster competition.
Alta Growth II Alta Growth Capital Mexico Fund II, L.Ps (the Fund) investment strategy is to invest equity and to provide technical and management expertise to Mexican SMEs poised for growth, specifically in primary sectors: Health, Education, Financial Services and Logistics. It is proposed that IFC invests the lesser of $15 million and 20% of the total committed capital in the Fund.  The Fund is targeting $150 million in equity commitments from investors. The Fund will target investments ranging from $10-15 million in several funding rounds.  Investments will be equity or equity-like structures and may be minority or along with like-minded investors secure a majority ownership interest. The Fund may generate co-investment opportunities for investors. The Fund is launched as a follow-on fund to Alta Growth Capital, Mexico Fund, L.P. Fund I, (Project No. 25352), a $75 million private equity fund of vintage 2007, and in which IFC committed $18.7 million. Alta Growth Capital Mexico Fund II, L.P. is targeting equity investments in 10-15 SMEs that will be supplemented with environmental, managerial and technical value addition.  Private equity-sponsored companies often adopt management practices (in environment and social, financial control, cost accounting, quality control, corporate governance, legal structure and tax reporting) that are better than those used by their local peers. If Alta Growth is successful and delivers developmental and financial results for its investors, it may be able to launch successor funds. Examples of successful, well-run private enterprises will contribute to encourage foreign investment in Mexico. The Fund is expected to contribute to a vibrant and sustainable private sector that will improve employment, trade balance, and public finances in Mexico. Finally, by attracting new investors to the private equity asset class âlocal pension funds, insurers and investment companies, the Fund will help these companies to achieve higher risk adjusted returns as well as the implied benefits that private equity brings into their overall portfolio. The IFC team will measure and report on the following developmental impact indicators: 1) percentage of funding disbursed, 2) net/gross financial return, 3) number of jobs created, 4) annual growth sales, 5) annual growth EBITDA, 6) launching of follow-on funds, 7) tax paid to local governments, among other indicators.
FINEM SME Project Financiera Educativa de Mexico SA de CV (Finem or the Company) 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, aimed at providing peso denominated loans to privately-owned schools and higher education institutions to 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. In addition, IFC provided Finem with an additional loan facility aimed at supporting Finems student loan business, which started in 2007. Finems main purpose is to originate loans at the university level.

The Project presented herein is a $10 million equivalent loan and equity facility to address the currently large gap between demand and supply of long-term financing for private education institutions in Mexico, and to contribute to improving the quality of infrastructure, education, and management in the private education sector through investments and technical assistance. Finem plans to initially target upper-secondary and higher education institutions and gradually extend its services across all segments of the education market. The project will: (i) provide funding to education SMEs (schools, universities, language centers, etc.) primarily for infrastructure expansion and modernization; (ii) contribute to the improvement of financial discipline of education SMEs as result of Finem's due diligence, monitoring, and in some cases advisory functions; and (iii) create a strong demonstration effect about the viability of lending to the sector.
Carlyle Mexico Partners, L.P. A proposed IFC investment of $20 million in Carlyle Mexico Partners, L.P. (Carlyle Mexico) a private equity fund with target commitments of $250 million.  The Fund is sponsored by The Carlyle Group (Carlyle) to invest in buyout or other private equity opportunities in Mexico and in U.S. companies that have a significant Hispanic customer base or cross-border initiatives.  The Fund will target medium and large companies.  The Fund expects to make 5-8 investments of between $20-50 million, acquiring controlling or significant minority stakes.
OEH - Mexico Orient Express Hotels (OEH) is a leading hotel and leisure group that owns and operates around 50 tourism properties across 25 countries. The proposed project is to invest in the renovation and expansion of operations of Casa de Sierra Nevada, Mexico, a boutique hotel in San Miguel de Allende, Mexico from 33 rooms to 60. The project would lead to increased foreign exchange earnings, job creation, potentially higher room rates and strengthened links with tourism related SMEs (building craftsmen, art galleries, restaurants, handicrafts) in this area. Additionally, the project will play a role in strengthening international interest in Mexicos significant history and cultural assets.
UAG Univ Project Universidad Autonoma de Guadalajara, A.C. (UAG or the University) is implementing from year 2011-2013 a Project consisting of:  (i) the construction and renovation of existing facilities, with a specific focus on the Medical School, (ii) the expansion of UAGs community college network, (iii) investments in IT systems, and (iv) refinancing of short-term debt.  The Project investment amount is of around MXN 1,285 million (approximately $110 million).  The proposed IFC investment, an A Loan of MXN 585 million (approximately $50 million) will finance items (i) through (iii) of the Project. (i) Provision of quality education as the University refurbishes its existing facilities, improves its academic offerings and strengthens its balance sheet   (ii) Increase in reach to other population segments beyond those traditionally served by UAG through the expansion of its community college (UNICO)   (iii) Demonstration effect by enhancing the credibility of financing educational institutions in Mexico
Alta Ventures Mexico Fund I, L.P. Alta Ventures Mexico Fund I, L.P. is a venture fund targeting to raise up to $150 million to be invested in early-stage companies operating in Mexico, or opportunistically up to 20% of total commitments, in companies that have significant economic linkages to Mexico.  Venture in this context is not limited to investments in high-tech projects; rather it broadly encompasses investments in startup firms and small businesses with exceptional growth potential, whose business models and technologies are locally developed or have been proven in the U.S. and are adaptable to the Mexican business environment.  The Fund is expected to make at least 17 portfolio investments and intends to target sectors such as healthcare, IT, education, security, software and other sectors experiencing high growth opportunities. The Fund is expected to have a strong impact for private sector development as follows:

-- Support of SMEs:  The Fund is expected to allocate all of its commitment to SMEs.

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

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

-- Environmental practices:  The Fund Manager will adopt international best practices for environmental and social risk assessment and management, and improve transparency and corporate governance, thus transferring knowledge and skills to portfolio companies
Project Kio The proposed investment consists of a US$30 million equity commitment, to be invested in Sixsigma Networks Mexico S.A. de C.V., commercially known as Kio Networks, and related follow-on investments for growth (KIO, or the Company). Certain private investment funds (the Funds) sponsored by I Squared Capital Advisors (US) LLC or its affiliates (ISQ or Sponsor) are acquiring KIO (the Project). IFCs investment will be alongside the Funds (the Project).   KIO is the largest carrier neutral multi-tenant datacenter operator and one of the leading IT Infrastructure services companies in Mexico. Founded in 2002, KIO offers a comprehensive set of data center and IT infrastructure services and solutions with 11 core data centers and 11 EDGE data centers with an installed capacity of over 20MW in Mexcio, Panama, Guatemala, the Dominican Republic, and Spain (the target countries). Stakeholder Impact: The Project is expected to increase access to quality digital connectivity and data center capacity for individuals and businesses.

Competitiveness: The Project will support increased competitiveness for mobile connectivity or data hosting services in the target countries, via competition channels.
Solida RE Project Solida (or the Company) has invited IFC to participate in one of its main business operations: investments in lower-income housing projects.  In this line of business, Solida provides preferred equity capital to large homebuilders in Mexico for the acquisition of land.  On its own account, the Company has financed approximately 50 projects to date, equivalent to the construction of around 110,000 mostly lower-income houses.  The proposed project would entail IFC co-investing up to US$50 million, or 20% of the total financing needs, through a master trust to provide preferred equity capital for individual low-income housing subprojects.  Solida and possibly another investor will provide the remaining funds. Key development impacts of the Project include:

 - Increased Housing Supply for Low-Income Households:  This Project is expected to alleviate the current housing deficit in Mexico, including in a few frontier states and benefit over 100,000 families in the low to middle income segments with increased supply of quality and affordable entry level housing.  

- Community Development: The housing developments built by the homebuilders financed by Solida and IFC will contribute to urban infrastructure development and surrounding community development.  In addition, the Project helps support the urbanization efforts of local governments, as the housing projects include partial infrastructure works.  

- Job Creation and Financial Security:  The Project will create job opportunities both during construction and operation of the housing communities. Increased supply of low-cost housing developed by the Company will make an impact on the lives of the low income purchasers who will improve their personal security and through payment of their mortgage build up equity (often for the first time) in a significant asset.  
 
- Enhanced Local Supply Linkages: The Project will increase demand for construction and building materials in the country. Once the construction is completed, the housing units will stimulate the use of local supplies of goods and services, supporting maintenance, retailing and wholesale operations.  Moreover, the low income properties financed by the Project are often the buyers' first property title and such property rights are considered a key determinant of economic development as they promote the formal economy.