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).

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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
INSOTECEcuador
FUNDACION ESPOIREcuador
FACESEcuador
BANCO D-MIROEcuador
IDHHonduras
AHSETFINHonduras
ADICLAGuatemala
ADIGUAGuatemala
ADISAGuatemala
FAFIDESGuatemala
GenesisGuatemala
Vision Fund GuatemalaGuatemala
SHAREGuatemala
ADEPESHonduras
EquipaTMexico
SOFIPAMexico
VisionF MexicoMexico
Mas KapitalMexico
MiCreditoNicaragua
PRO MUJERNicaragua
PRODESANicaragua
SERFIGSANicaragua
FundenuseNicaragua
FUNDESERNicaragua
FAMANicaragua
FDLNicaragua
ProcajaPanama
ARARIWAPeru
Edpyme AlternativaPeru
FUNDACION PARAGUAYAParaguay
Avanza SolidoOther
ASEIEl Salvador
ENLACEEl Salvador
CredicampoEl Salvador
AMC El SalvadorEl 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