Original disclosure @ IDBI website
Updated in EWS Oct 13, 2022
Disclosed by Bank Aug 5, 2022
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This transaction consists of an equity investment (the "Transaction" or the "Project") in Wonder Brands (the "Company" or "WB"), an e-commerce aggregator that acquires and optimizes small- and medium-sized enterprises ("e-SMEs") that sell their products through digital channels in Latin America. The Transaction funds will be used to cover the Company's operating expenses and the acquisition of new brands and to fund the working capital of its subsidiaries engaged in the purchase and sale of manufactured products.
|Private Actor 1||Private Actor 1 Role||Private Actor 1 Sector||Relation||Private Actor 2||Private Actor 2 Role||Private Actor 2 Sector|
|IDB Invest||Buyer||Finance||invests in||Wonder Brands Intermediate LLC||Client||Industry and Trade|
ADDRESS: 1350 New York Ave NW, Washington, DC 20005
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You can submit a request for information disclosure at: https://www.iadb.org/en/access-information/information-request
ACCOUNTABILITY MECHANISM OF IDB / IDB INVEST
The Independent Consultation and Investigation Mechanism (MICI) is the independent complaint mechanism and fact-finding body for people who have been or are likely to be adversely affected by an Inter-American Development Bank (IDB) or Inter-American Investment Corporation (IDB Invest)-funded project. If you submit a complaint to MICI, they may assist you in addressing the problems you raised through a dispute-resolution process with those implementing the project and/or through an investigation to assess whether the IDB or IDB Invest is following its own policies for preventing or mitigating harm to people or the environment. You can submit a complaint by sending an email to MICI@iadb.org. You can learn more about the MICI and how to file a complaint at http://www.iadb.org/en/mici/mici,1752.html (in English) or http://www.iadb.org/es/mici/mici,1752.html (Spanish).