PROJECT

Projects

Summary of Investment Information

Project Number

40669

Company Name

CLINICA DEL AZUCAR, S.A.P.I. DE C.V.

Date SPI Disclosed

Apr 27, 2018

Country

Mexico

Region

Latin America and the Caribbean

Projected Board Date

May 11, 2018

Environmental Category

B - Limited

Status

Active

Last Updated Date

Sep 26, 2018

Department

Disruptive Technologies and Funds

Industry

Health, Education and Life Sciences

Previous Events

Approved : May 11, 2018
Signed : Jun 22, 2018
Invested : Sep 24, 2018

Sector

Hospitals and Clinics

Project Description

Clínicas del Azúcar (the “Company”) is a chain of clinics that specialize in the treatment of diabetes and hypertension. The Company offers specialized treatment in a one-stop-shop with access to medical consultations, nutritionists, psychologists, laboratory services, and a retail store. The Company, headquartered in Monterrey, Mexico was founded in 2011 by Javier Lozano. The proposed IFC investment (“Project”) consists of up to US$4 million in equity for a minority stake to support the Company’s expansion plan for the next two years to include approximately ten new clinics in Mexico and the implementation of its digital strategy.

 

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation