GIFF-INCL-Isik Tarim D/B/A Isik Organik (DFC-2017-GIFFINCLISIK)

Countries
  • Turkey
Where the impacts of the investment may be experienced.
Financial Institutions
  • US International Development Finance Corporation (DFC)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Active
Bank Risk Rating
B
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.
Borrower
Isik Tarim
The holder of the loan, grant, or other investment.
Sectors
  • Agriculture and Forestry
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)
$ 3.50 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Loan Amount (USD)
$ 3.50 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)
$ 5.00 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 @ DFC website

Updated in EWS Jun 26, 2020


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Project Description

According to the bank website, the project will finance the Isik Tarim company to fund its operations of purchasing organic raw agricultural inputs from smallholder farmers and producing and packaging a wide range of dried fruits, nuts and other food products. 

Investment Description
  • US International Development Finance Corporation (DFC)
Private Actors

Isik Agricultural Products Industry. ve Tic. AS provides food products. The Company focuses on growing, processing and exporting dried and frozen fruits. Isik Agricultural Products Industry. ve Tic. serves customers worldwide.

 

 
Contact Information

Contact information is not disclosed