CASE STUDY Grupo Conclina ABOUT IFC IFC—a member of the World Bank Group—is the largest global development institution focused on the private sector in emerging markets. We work in more than 100 countries, using our capital, expertise, and influence to create markets and opportunities in developing countries. In fiscal year 2020, we invested $22 billion in private companies and financial institutions in developing countries, leveraging the power of the private sector to end extreme poverty and boost shared prosperity. For more information, visit www.ifc.org. WRITTEN BY The case study was authored by Juliette Powell and Art Kleiner of Kleiner Powell International (KPI). ACKNOWLEDGMENTS The case study was supported by the IFC communications team: Aliza Marcus, Brian Beary, and Irina

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