PROJECT

Projects

Summary of Investment Information

Project Number

42191

Company Name

ACCION QUONA INCLUSION FUND, LP

Date SPI Disclosed

May 20, 2019

Country

World Region

Region

Global

Projected Board Date

Jun 20, 2019

Environmental Category

FI-2 - Limited

Status

Active

Last Updated Date

Jul 2, 2021

Department

Equity Portfolio Management

Industry

Funds

Previous Events

Approved : Aug 27, 2019
Signed : Sep 5, 2019
Invested : Oct 17, 2019

Sector

Venture Capital Fund

Project Description

The project entails an equity commitment of up to US$12 million in Accion Quona Inclusion Fund (the Fund) a private equity fund that seeks to make equity or equity-equivalent investments in early- and growth-stage companies that develop or provide products, services or technology to expand financial inclusion in Africa, Asia and Latin America.

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation