Norfund

Norfund is a Norwegian government organization founded in 1997, based in Oslo, that focuses on reducing poverty and enhancing economic development in low-income countries. It serves as an active, strategic minority investor, providing risk capital, equity, and loans to businesses in regions where access to financing is limited. Primarily operating in Sub-Saharan Africa, as well as selected areas in Southeast Asia and Central America, Norfund aims to foster sustainable business growth in environments where the private sector is underdeveloped. The organization also invests in small and medium-sized enterprises (SMEs) to further support local economic initiatives. Through its investments, Norfund seeks to create a significant positive impact on the economies of the countries it targets.

Fay Chetnakarnkul

Investment Director, Head of Asia Region

Carlos Escobar

Senior Investment Manager, Financial Institutions

Finn Marum

Executive Vice President

Athivadee Panuvatvanich

Investment Associate

Kjell Roland

Managing Director and CEO

Lisa Huun Thomsen

Senior Investment Manager, Clean Energy

Tellef Thorleifsson

CEO

Past deals in Central America

SN Power

Private Equity Round in 2013
SN Power invests in clean, renewable energy on commercial basis in emerging markets. The company has operations in Southeast Asia, Africa, and Central America and the focus is to acquire, develop, construct and operate hydropower assets. SN Power has several running Hydropower plants in The Philippines, Laos, Zambia and Panama, and the company consist of a multinational team of people employed globally in its operations and projects. In addition to the operating assets, SN Power has an office in Amsterdam, Netherlands and is Head-quartered in Oslo, Norway.

FDL

Private Equity Round in 2013
FDL is a Nicaraguan nonprofit microfinance institution (MFI) that is committed to integrated service provision in rural areas where access to essential services is often limited. The organization began its activities in 1992 as part of the NITLAPAN* research institute and became its own independent entity in 1997. While the organization’s principal mission is to provide financial services to micro, small and medium entrepreneurs, it has continued to work closely with NITLAPAN to design innovative, non-financial products and services that meet the multifaceted needs of small producers.

Financiera Desyfin

Private Equity Round in 2011
Financiera Desyfin, S.A. provides financing solutions to projects and contracts with the central government, autonomous institutions, and AAA companies in Costa Rica. The company offers a range of integrated services, such as the issue of guarantees, financing purchase orders, working capital, and factoring; and international services comprising wire transfers, and foreign currency exchange and letters of credit. It also provides leasing, currency exchange, investment and savings, credit or debit cards, loans, and insurance products and services. The company was founded in 1991 is based in Sabanilla, Costa Rica.
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