LOCFUND NEXT, L.P.
Latin America
Region
93.0
Commitment (MNOK)
Active
Status
Locfund Next will be set up as a permanent Microfinance Investment Vehicle (MIV) to provide a permanent offer of a large range of products to the MFIs, and the proposed equity investment of USD 6 million will support funding for MFIs in Latin America and the Caribbean (LAC).
Key information
- Sector:
- Financial Inclusion
- Commitment (MNOK):
- 93.0
- Year:
- 2020
- Region:
- Latin America
- Country:
- Regional
- Domicile:
- Canada
- Instrument:
- Funds
- Status:
- Active
- Mandate:
- Development
LOCFUND NEXT, L.P. investments
| Investee | Sector | Country |
|---|---|---|
| FONDECO | Bolivia | |
| FUBODE | Bolivia | |
| IDEPRO | Bolivia | |
| Pro Mujer Bolivia | Bolivia | |
| ACORDE | Costa Rica | |
| Interactuar | Colombia | |
| FinAmiga | Colombia | |
| CONTACTAR (II) | Colombia | |
| Vision Fund Republica Dominicana | Dominican Republic | |
| Vision Fund Ecuador | Ecuador | |
| INSOTEC | Ecuador | |
| FUNDACION ESPOIR | Ecuador | |
| FACES | Ecuador | |
| BANCO D-MIRO | Ecuador | |
| IDH | Honduras | |
| AHSETFIN | Honduras | |
| ADICLA | Guatemala | |
| ADIGUA | Guatemala | |
| ADISA | Guatemala | |
| FAFIDES | Guatemala | |
| Genesis | Guatemala | |
| Vision Fund Guatemala | Guatemala | |
| SHARE | Guatemala | |
| ADEPES | Honduras | |
| EquipaT | Mexico | |
| SOFIPA | Mexico | |
| VisionF Mexico | Mexico | |
| Mas Kapital | Mexico | |
| MiCredito | Nicaragua | |
| PRO MUJER | Nicaragua | |
| PRODESA | Nicaragua | |
| SERFIGSA | Nicaragua | |
| Fundenuse | Nicaragua | |
| FUNDESER | Nicaragua | |
| FAMA | Nicaragua | |
| FDL | Nicaragua | |
| Procaja | Panama | |
| ARARIWA | Peru | |
| Edpyme Alternativa | Peru | |
| FUNDACION PARAGUAYA | Paraguay | |
| Avanza Solido | Other | |
| ASEI | El Salvador | |
| ENLACE | El Salvador | |
| Credicampo | El Salvador | |
| AMC El Salvador | El Salvador | |
| FOMENTA | El Salvador | |
| Optima | El Salvador | |
| Padecomsmcrédito | El Salvador |
Additionality for LOCFUND NEXT, L.P.
This investment is particularly additional on the following ambitions:
- Investing in capital constrained markets
- Investing in difficult business environments
- Investing in high risk instruments
- Mobilising private investors
- Taking an active role in investments
- Supporting enterprise improvements