CENTRAL AMERICA SMALL
Status: Completed investmentWhy disclosure?
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In case of questions
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Disclaimer
The information as disclosed is indicative and provided on an "as-is/as available" basis for general informational purposes only and should not be construed as financial, legal or investment advice, nor as a commitment or an offer to arrange or provide any financing. The final decision to provide financing is subject to the terms and conditions of FMO in its sole and absolute discretion. When providing links to other sites, FMO bears no responsibility for the accuracy, legality or content of the external site or for that of subsequent links. The information on proposed investment for high-risk investments is made available in the language relevant to the country or region where the bulk of operations take place. Translations of any information into languages other than English are intended as a convenience for local stakeholders. In case of any discrepancy, the information provided in English will prevail.
Who is our customer
The third Central American Small Enterprise Investment Fund (CASEIF III) is a fund managed by Lafise Investment Management. It is an SME fund investing in Central American firms and has a diversified sector mandate. Its primary investees are export-oriented firms in a variety of sectors such as agro-industrial products with differentiation, ethnic products, packaged or canned foods, tourism, technology, software development, medical instruments and energy.
What is our funding objective?
FMO will provide capacity development funding to enable CASEIF III to set up an accompanying technical assistance fund (TAF) to support investee SMEs. SMEs in this region lack both access to appropriate finance and access to skills and knowledge, and the fund and its TAF will address both aspects. The focus is upon development of necessary monitoring and reporting tools, the improving of accountancy, the entering into export markets and the enhancing of environmental and social standards.
Why do we fund this investment?
FMO supports this project because it aims to improve access to finance and knowledge for SMEs in Central America. The growth and development of small businesses are key drivers of employment and broader economic and social development.
More investments
| Date | Total FMO financing |
|---|---|
| 8/14/2014 | USD 8.33 MLN |
- Region
- Latin America & The Caribbean
- Country
- Latin America & The Caribbean
- Sector
- Infrastructure, Manufacturing and Services
- Effective date
- 12/16/2014
- End date
- 6/8/2022
- Total FMO financing
- EUR 0.08 MLN
- Funding
- FMO NV
-
Risk categorization on environmental and social impacts, A = high risk, B+ = medium high risk, B = medium risk, C = low risk
Environmental & Social Category
(A, B+, B or C) - A