PROJECT

Projects

Summary of Investment Information

Project Number

45324

Company Name

QUONA ACCION INCLUSION FUND III, L.P.

Date SPI Disclosed

Nov 17, 2021

Country

World Region

Region

Global

Projected Board Date

Dec 17, 2021

Environmental Category

FI-2 - Limited

Status

Active

Last Updated Date

Apr 8, 2022

Department

Disruptive Tech, Service & Funds

Industry

Funds

Previous Events

Approved : Feb 28, 2022
Signed : Mar 4, 2022
Invested : Apr 6, 2022

Sector

Venture Capital Fund

Project Description

IFC is considering an equity commitment in Quona Accion Inclusion Fund III (“Fund III” or the Fund), a venture capital fund that seeks to make equity or equity-equivalent investments in early- and growth-stage companies that develop and/or provide products, services and technology to expand financial inclusion in emerging markets.

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation