The proposed operation consists of a senior unsecured loan to Banco for an amount up to US$20 million, which is expected to be compromised as follows: (i) a Committed tranche consisting of an A Loan of up to US$10 million to be financed by IDB Invest, (ii) Tranche II: an Uncommitted tranche consisting of an A Loan of up to US$5 million, to be financed by IDB Invest; and (iii) a B Loan for an approximate amount of US5 million to be financed by institutional investors. The operation will have a term of up to five years, with a grace period of up to two years and semi-annual amortization. The funds from the operation will be used to finance small and medium-sized producers in the agricultural and livestock sectors of Paraguay, which will contribute to increasing food production in Paraguay.
ACCESS TO INFORMATION
You can submit a request for information disclosure at:
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).