Latin America & the Caribbean
In FY20, our long-term investments in Latin America and the Caribbean totaled about $7.1 billion, including $4.0 billion mobilized from other investors. Our clients provided 7.6 million loans to micro, small, and medium-sized enterprises, totaling about $80 billion.
Project Financing and Portfolio, by Region
| Latin America & the Caribbean | |
|---|---|
| $ millions, for the year ending June 30 | FY20 |
| Long-term investment commitments | 3,165 |
| Loans | 2,715 |
| Equity | 235 |
| Guarantees and risk management | 215 |
| Core mobilization1 | 3,969 |
| Total commitments | 7,134 |
| Portfolio Exposure2 for IFC’s account | 12,085 |
| Committed portfolio for loan syndications3 | 4,950 |
| Total Portfolio Exposure | 17,035 |
- Including Loan Syndications (B-Loans, Parallel Loans, and MCPP Loans), IFC Initiatives, AMC Funds, Advisory Mobilization, as applicable for this region.
- Portfolio exposure is defined as the sum of the (i) committed exposure for IFC’s debt investments, (ii) fair market value of IFC’s equity investments, and (iii) total undisbursed equity commitments.
- Including B-Loans, Agented Parallel Loans, MCPP Loans, Unfunded Risk Participations (URPs), and Credit Insurance Policies (CIPs). Amounts include regional shares of investments that are officially classified as global projects.
Development Outcome Reach
| Latin America & the Caribbean | Portfolio | ||
|---|---|---|---|
| CY18 | CY19 | ||
| MSME loans (# of loans)1 | 14,031,649 | 7,598,575 | |
| MSME loans (amount in $ millions)1 | 98,809 | 76,950 | |
| Power generation (millions of people) | 9.9 | 7.1 | |
| Gas distribution (millions of people) | 0.0 | 0.0 | |
| Water distribution (millions of people) | 6.7 | 0.0 | |
| Power distribution (millions of people)2 | 2.6 | 2.7 | |
| Phone connections (millions of people)3 | 24.0 | 21.4 | |
| Farmers reached | 148,344 | 155,035 | |
| Patients served | 5,270,659 | 3,889,856 | |
| Students reached | 585,240 | 482,446 | |
| Employment | 302,151 | 342,552 | |
| Domestic purchase of goods and services ($ millions) | 13,802 | 12,783 | |
| Payments to governments ($ millions) | 5,033 | 6,250 | |
- Portfolio reach figures represent the micro, small, and medium enterprise outstanding loan portfolio of IFC’s financial institution clients with MSME-oriented finance.
- One client in Latin America & the Caribbean contributed 2.7 million to power distribution customers reached.
- One client in Latin America & the Caribbean contributed 19.1 million to phone connection customers reached.
Largest Country Exposures1
| Latin America & the Caribbean | Portfolio Exposure2 ($ millions) | ||
|---|---|---|---|
| Rank within Region | Country | FY19 | FY20 |
| 1 | Brazil | 2,860 | 2,828 |
| 2 | Colombia | 1,503 | 1,706 |
| 3 | Mexico | 1,574 | 1,555 |
Based on IFC's account, as of June 30
- Excludes individual country shares of regional and global projects.
- Portfolio exposure is defined as the sum of the (i) committed exposure for IFC’s debt investments, (ii) fair market value of IFC’s equity investments, and (iii) total undisbursed equity commitments.
