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Mekong Capital
By investing USD 15m in the Mekong Enterprise Fund IV, Proparco is supporting SMEs and midcap companies operating in the health, education and financial inclusion sectors in Vietnam
Client presentation

MEF IV is Mekong Capital’s fifth investment vehicle, which demonstrates the team’s experience and knowledge of current needs and opportunities in Vietnam. As it has often worked with other development finance institutions, such as the International Finance Corporation (IFC), Mekong Capital also benefits from extensive experience in promoting high environmental, social and governance standards in the investee companies.

Project description

Proparco has signed a USD 15m investment in the Mekong Enterprise Fund IV to support growth in Vietnam’s private sector. 
This USD 246m fund will invest in SMEs and midcap companies that meet strong local demand in sectors such as health, education, access to consumer goods and services, financial inclusion and logistics.    

Project impact

Based on the performance of the III fund, the expected impacts of MEF IV are:

  • Support for some 15,000 jobs over the next 5 years in the 12 companies invested in by the fund, including 50% for women; 
  • The development of access to essential goods and services in the health, education and financial inclusion sectors, with 200,000 people expected to benefit from a microfinance service over the next 5 years; 

The project should thereby contribute to the Sustainable Development Goals (SDGs) n° 8 (“Decent work and economic growth”) and n° 10 (“Reduced inequalities”).

09/30/2020
Date of signature of the project
Vietnam
Location
Financing tool
12 800 000 Euros
Amount of funding
USD 15m Equity Investment
Financing details
MEF IV
Client
CES