Eco-Business Fund S.A., SICAV-SIF (DFC-2019-ECOBUSINESSFU)

Regions
  • Latin America and Caribbean
Where the impacts of the investment may be experienced.
Financial Institutions
  • Netherlands Development Finance Company (FMO)
  • 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
C
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
Eco-Business Fund S.A.
The holder of the loan, grant, or other investment.
Sectors
  • Agriculture and Forestry
  • Finance
  • Industry and Trade
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)
$ 42.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Primary Source

Original disclosure @ DFC website

Updated in EWS Jul 31, 2020


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Project Description

The Borrower seeks to promote business and consumption practices that contribute to the sustainable use of natural resources and biodiversity conservation in Latin America through providing financing and technical assistance to financial institutions (and to a limited extent to businesses) that have a demonstration effect. The Borrower’s focus will be in the follow four areas.

o Sustainable agriculture and agribusiness

o Sustainable fishery and aquaculture

o Sustainable forestry

o Sustainable tourism

Through providing financing to financial institutions that on-lend to businesses in these sectors, the Borrower seeks to support the financing of sustainable businesses models that avoid further degradation of the environment. Finance in Motion GmbH manages the Borrower’s financing and technical assistance.

Investment Description
  • Netherlands Development Finance Company (FMO)
  • US International Development Finance Corporation (DFC)

Other financiers involved are:

Federal Ministry of Economic Cooperation and Development (BMZ)

Department for Environment, Food and Rural Affairs (DEFRA)

KfW Development Bank (KfW Entwicklungsbank)

Netherlands Development Finance Company (FMO)

European Commission Austrian Development Bank (OeEB)

Finance in Motion GmBH

Contact Information

Not available