Banagro SME Green Financing Partnership (IDBI-12276-02)

Countries
  • Chile
Where the impacts of the investment may be experienced.
Financial Institutions
  • IDB Invest
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Proposed
Bank Risk Rating
FI
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Voting Date
Sep 25, 2018
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Borrower
Banagro S.A.
The holder of the loan, grant, or other investment.
Sectors
  • Finance
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Loan
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 3.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Project Cost (USD)
$ 3.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Primary Source

Original disclosure @ IDBI website

Updated in EWS Nov 23, 2018

Disclosed by Bank Aug 22, 2018


Contribute Information
Can you contribute information about this project?
Contact the EWS Team

Project Description

According to the bank, the proposed operation contemplates a Senior Loan of up to US$3 million (the "Loan") to be financed by IDB Invest. The term of the Loan is five years. Loan funds will be used to finance Small and Medium Sized Enterprises ("SMEs") of the productive sector in Chile.

Investment Description
  • IDB Invest
Private Actors
Contact Information

Client Contact name: Jose Francisco Larrain Cruzat
Title: General Manager
Phone number: (56 72) 2202 545
Email address:
josefrancisco.larrain@banagro.cl

  1. Contact Information For project inquiries, including environmental and social questions related to an IDB Invest transaction please contact the client (see Investment Summary tab), or IDB Invest using the email divulgacionpublica@iadb.org. As a last resort, affected communities have access to the IDB Invest Independent Consultation and Investigation Mechanism by writing to mecanismo@iadb.org or  MICI@iadb.org, or calling +1(202) 623-3952.