Dimagi, Inc. (All OPIC Countries) (BNDES-DIMAGIINC)

Regions
  • World
Where the impacts of the investment may be experienced.
Financial Institutions
  • Brazil National Development Bank (BNDES)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Approved
Bank Risk Rating
C
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.
Borrower
Dimagi Inc
The holder of the loan, grant, or other investment.
Sectors
  • Communications
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Loan
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 10.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Project Cost (USD)
$ 20.84 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Primary Source

Original disclosure @ BNDES website

Updated in EWS Aug 13, 2019

Disclosed by Bank Mar 9, 2018


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Project Description

According to the Agency's document, this project finances the expansion of Dimagi with three new country offices, an integrated, global marketing programme that will better support software as a service (SaaS) customers and new capacity for implementation of large-scale projects around the world. 

Investment Description
  • Brazil National Development Bank (BNDES)
Private Actors

Dimagi products provide support to organizations working with front-line workers in the health, relief, education and agriculture fields through a mobile application that provides data collection, data tracking and educational tools.