Quick Facts

Where the impacts of the investment may be experienced.
  • India
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
  • Netherlands Development Finance Company (FMO)
Bank Risk Rating: U
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Board Decision Date: 2015-12-15
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Borrower or Client: Lok Foundation
The holder of the loan, grant, or other investment.
The service or industry focus of the investment. A project can have several sectors.
  • Finance
Investment Amount (USD): $ 32.74 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.

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Primary Source

Original disclosure @ FMO website
Updated in EWS: 2017-12-12

Project Description
This project finances Lok Foundation, a non-profit that provides grant funding to local and long-term technical assistance to Lok Capital II and Lok Capital III portfolio companies. The technical assistance projects focus on improvements of operations, governance, and social or bottom of the pyramid missions of portfolio companies.
Investment Description