A través de la ventanilla privada del BM un banco de Indonesia ha recibido más de 22 millones para ayudar a PYMES a tener un mayor acceso a financiación y una clínica de la India 5,5 millones para aumentar el acceso a servicios oftalmológicos de calidad.
IFC, a member of the World Bank Group, has made an equity investment of over 290 billion Indonesian rupiah (more than $22 million) in PT Bank Mayora, a member of leading Indonesian food manufacturing company Mayora Group, to provide greater access to finance to micro, small and medium enterprises in Indonesia.
There are about 55 million micro, small, and medium businesses in Indonesia, providing 97 percent of all jobs and contributing close to 60 percent to the country’s gross domestic product. Yet, many of them struggle to obtain loans to expand their businesses. IFC’s investment will help Bank Mayora increase lending to address this financing gap and strengthen its market presence in the food and consumer goods industry.
“IFC’s investment will increase our total capital to more than 1 trillion Indonesian rupiah, enabling us to provide a greater variety of banking services and enhancing our competitiveness in the banking industry,” said PT Bank Mayora’s President Director Irfanto Oeij. “We look forward to rolling out our expansion plan into the small and medium enterprise sector and microfinance, with IFC as our partner.”
The bank’s growth strategy is to increase its reach among Mayora Group’s extensive value-chain network of food suppliers and sub-distributors, who provide access to 11,500 modern sales channels for mini markets and supermarkets, more than 250,000 wholesalers and retailers, and around two million traditional small shops and kiosks.
“Bank Mayora is our partner in widening access to financial products for micro and small enterprises to increase rural incomes and promote sustainable urbanization in Indonesia,” said IFC Country Manager in Indonesia Sarvesh Suri. “IFC’s participation as a minority shareholder will open up the bank’s family-held capital base to include institutional investors.
PT Bank Mayora is a fully licensed forex commercial bank that focuses on SME portfolio and has been operating for over 22 years and owned by the Atmadja family, the shareholder of Mayora Group. During the 1997 Asia financial crisis, the bank was one of the few entities that did not require any government assistance and, today, is the only bank in Indonesia with a strong food & beverage (F&B) consumer goods player as its sponsor. Mayora Group is a leading Indonesian producer of F&B products with 50 years of track record in the food manufacturing business. During 2012, the sponsor took the strategic decision to position the bank as a key player within the group’s value-chain and has taken steps to leverage its strong consumer goods franchise and market position to extend its banking business.About Mayora Group
Mayora Group is the largest locally owned group of companies in F&B manufacturing and distribution in Indonesia with a market capitalization of $2.2 billion and annual sales of $1 billion as of June 2014. The group’s value-chain network comprises production lines, which includes fifteen factories and involves a group of local and international suppliers, and distribution channels. The group is founded and owned by the Atmadja family who also own PT Bank Mayora.
Helen Lumban Gaol
Phone: (+62) 212-994-8090
IFC has invested $5.5 million in eye-hospital chain Eye-Q Vision. The investment will help expand access to high-quality and affordable eye-care services to Indian non-metro cities. This equity investment is part of a $10 million financing round raised by Eye-Q. Nexus Venture Partners and Helion Venture Partners have also invested in this round.
This is IFC’s second healthcare venture capital investment in South Asia. Eye-Q will use this equity investment to expand its network of super-specialty eye-care clinics. An estimated 200 million Indians suffer from some form of vision problems, but only a minority has access to quality treatment. Specialized eye-care hospital chains such as Eye-Q help bridge this access gap, improve quality of patient lives, and increase their productivity.
“IFC’s global healthcare industry knowledge, expertise and long-term financing are valuable to our current expansion plans,” said Rajat Goel, co-founder and CEO, Eye-Q Vision. “Eye-Q will benefit from IFC’s broad network of healthcare clients across emerging markets as we expand our quality-driven yet affordable eye-care model in India.” These views were also echoed by Dr. Ajay Sharma, founder and CMD, Eye-Q Vision.
Eye-Q currently provides eye-care services to nearly 350,000 patients a year, and plans to more than double patient reach over the next four years. The company plans to create skilled health-care jobs, a third of which are expected to be for women. The company already operates 28 clinics across the states of Delhi, Uttar Pradesh, Gujarat, Haryana, and Uttarakhand.
“IFC’s investment in Eye-Q will help increase and improve access to affordable health services,” said Pravan Malhotra, IFC’s venture capital lead for south and southeast Asia. “Eye-Q’s focus on emerging cities will help expand access to quality eye-care services while creating skilled healthcare jobs, especially for women.” Around one-fourth of Eye-Q’s hospitals are already located in the low-income state of Uttar Pradesh.
IFC is the world’s largest multilateral investor in the private health-care sector in emerging markets. Our role includes direct and indirect investment in health care and life sciences companies, sharing industry knowledge, raising management and clinical standards, informing government policy, and supporting public-private collaboration in health. The venture capital division provides equity financing to early and growth-stage companies across sectors including consumer internet, technology, and health-care.
In New Delhi:
Phone: +91 11 4111 1000
Phone: +91 11 4111 1000