According to the Bank’s website, the proposed financing for CMI Alimentos, one of the main food and agribusiness groups in Central America, consists of: (i) a revolving loan committed to the Borrowers for up to US$40 million, to ensure their liquidity in the short and medium term, financing their needs working capital; and (ii) an uncommitted revolving line of imports to the Borrowers for up to US$10 million, for the purchase of grains considering the growth of their operations and the increase in the price of grains. The development objectives of the Financing include: (i) increasing food production, protecting the food supply in domestic markets; (ii) strengthen market links with the regional supply chain; and (iii) support employment, including in areas of high poverty.
|Private Actor 1||Private Actor 1 Role||Private Actor 1 Sector||Relation||Private Actor 2||Private Actor 2 Role||Private Actor 2 Sector|
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CONTACT NAME: Alvaro Carrera
POSITION: Tesoreria Corporativa
PHONE NUMBER: +502 2377-0200
IDB Invest Contact
ADDRESS: 1350 New York Ave NW, Washington, DC 20005
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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).