PROJECT

Projects

Summary of Investment Information

Project Number

46766

Company Name

KLYM MANAGEMENT COMPANY LTD

Date SPI Disclosed

Aug 11, 2022

Country

Latin America and the Caribbean Region

Region

Latin America and the Caribbean

Projected Board Date

Sep 12, 2022

Environmental Category

FI-2 - Limited

Status

Active

Last Updated Date

Nov 24, 2022

Department

Equity Portfolio Management

Industry

Financial Markets

Previous Events

Approved : Oct 19, 2022
Signed : Nov 18, 2022
Invested : Nov 22, 2022

Sector

Trade Finance

Project Description

  The project consists of an equity investment for a minority stake in Omni Management Company, Ltd. (“Omni”, or the “Company”), a supply chain financing platform providing invoice and revenue-based financing solutions for middle-market companies and SMEs in Brazil, Chile and Colombia. IFC is proposing US$10 million in preferred equity financing to support the Company’s operations and regional expansion.

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation