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).

detail_image

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
FONDECOBolivia
FUBODEBolivia
IDEPROBolivia
Pro Mujer BoliviaBolivia
ACORDECosta Rica
InteractuarColombia
FinAmigaColombia
CONTACTAR (II)Colombia
Vision Fund Republica DominicanaDominican Republic
Vision Fund EcuadorEcuador
BANCO D-MIROEcuador
FACESEcuador
FUNDACION ESPOIREcuador
INSOTECEcuador
IDHHonduras
AHSETFINHonduras
ADEPESHonduras
ADICLAGuatemala
ADIGUAGuatemala
ADISAGuatemala
GenesisGuatemala
FAFIDESGuatemala
Vision Fund GuatemalaGuatemala
SHAREGuatemala
EquipaTMexico
Mas KapitalMexico
VisionF MexicoMexico
SOFIPAMexico
MiCreditoNicaragua
FundenuseNicaragua
FUNDESERNicaragua
PRO MUJERNicaragua
PRODESANicaragua
SERFIGSANicaragua
FAMANicaragua
FDLNicaragua
ProcajaPanama
Edpyme AlternativaPeru
ARARIWAPeru
FUNDACION PARAGUAYAParaguay
Avanza SolidoOther
ASEIEl Salvador
AMC El SalvadorEl Salvador
CredicampoEl Salvador
ENLACEEl Salvador
FOMENTAEl Salvador
OptimaEl Salvador
PadecomsmcréditoEl 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