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Estimated Total Budget Pending (Project budget includes all project-funded activities)
Last Updated Date
Feb 11, 2026
Project Estimated Start Date
Jul 15, 2019
Project Estimated End Date
Sep 30, 2023
Project Description
Capria Fund LLC is a fund of funds targeting to make (i) catalytic investments into fund managers in the SME space; (ii) commitments into emerging market SME investments funds as a Limited Partner; and (iii) direct investments into the entrepreneur-led local businesses invested into by these funds. IFC is supporting Capria with advisory resources to build the capacity of emerging market fund managers.
Development Results
Capria is targeting to invest primarily in geographies that have limited options for early stage and early-growth risk capital, including FCS and IDA-PSW eligible countries. The Capria Fund is expected to accelerate the growth of financially-sustainable impact funds in low-income emerging markets by (i) helping launch, mentor and support local impact funds and fund managers in developing markets; (ii) catalyzing the inflow of global early-stage risk capital; (iii) improving investment outcomes with advisory services; and (iv) positively impacting the lives of people in these regions by mobilizing investor capital to support SMEs.
Development Results Pending
E&S Risks / Impacts and Mitigation
Performance Standard
Description and Potential Impact
Mitigation
PS 1. Assessment and Management of Environmental and Social Risks and Impacts
As part of its Due Diligence, and as mandated by IFC's Sustainability Policy, IFC team has screened this project to assess consistency with IFC's Performance Standards.
The principles of the relevant Performance Standards have been applied to the project design. Environmental and social risks will continue to be reviewed throughout the life-cycle of the project
IFC's advice will be provided in a manner consistent with the principles of the relevant Performance Standards. The IFC team will assist the client, as the final decision maker, in gaining a good understanding of IFC's Performance Standards.
IFC will provide recommendations for appropriate mitigation measures whenever warranted
Press-Release
Additional Documents
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