According to DFC, the Fund is expected to have a highly developmental impact through its deployment of up-to $100 million of capital into 20 to 25 equity investments in small- and medium-sized enterprises operating in the digital health,
fin-tech, and digital micro-insurance markets located in Southeast and South Asia.
The COVID-19 pandemic has ended a decade-long economic expansion by plunging the Southeast Asian and South Asian regional economies into recessions. The Fund will make investments in SMEs, which support social infrastructure providing critical services and goods in the healthcare, insurance, and financial inclusion sectors. In the regions of the Fund’s focus, there are an estimated 650 million people unbanked and healthcare and insurance coverage are below
global averages. In addition, the collective SME finance gap for the regions stand at over $560 billion.
The Project has been reviewed against DFC's 2020 Environmental and Social Policy Procedures ("ESPP") and has been determined to be categorically eligible. Equity investments into funds are screened as a Category D activity for the purposes of environmental and social assessment
Integra Partners Fund II L.P. invests in impact-focused early-stage companies across fintech, healthtech, and insurtech in Southeast Asia and opportunistically in South Asia
No contact information provided at the time of disclosure.
ACCESS TO INFORMATION
Unlike many other development finance institutions, DFC does not currently have an access to information policy.
Under the United States Freedom of Information Act (FOIA), DFC is obliged to respond to reasonably formulated requests for Agency records. However, DFC may apply exemptions from release to certain types of information and may charge fees in responding to requests. DFC has a designated FOIA officer who is trained in how to respond to requests and implement the law. You can learn more about filing a FOIA request at: https://www.dfc.gov/foia
ACCOUNTABILITY MECHANISM OF THE UNITED STATES INTERNATIONAL DEVELOPMENT FINANCE CORPORATION (DFC)
The Office of Accountability is an independent office that addresses complaints about environmental or social issues related to DFC-supported projects. The office provides communities an opportunity to have concerns independently reviewed and addressed. If you submit a complaint to the Office of Accountability, it may assist you by either seeking to address your problems by facilitating a problem solving dialogue between you and those implementing the project and/or investigating whether the DFC complied with its policies to prevent environmental, social, human rights, and labor harms.
You can find more information about the Office of Accountability at: https://www.dfc.gov/who-we-are/office-accountability