Original disclosure @ IFC website
Updated in EWS May 3, 2021
Disclosed by Bank Apr 28, 2021
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The proposed project consists of an US$80 million green loan to Latin American Agribusiness Development Corporation S.A., an existing IFC client, to support its expansion to finance green Latin American SME agribusinesses. The Loan is composed of an up to US$50 million A loan and an up to US$30 million B Loan mobilization. The use of proceeds will be exclusively focused on financing green eligible agribusinesses, with qualifying underlying projects likely to include renewable energy generation, energy efficiency improvement, water use and efficiency, and sustainable agricultural practices.
|Private Actor 1||Private Actor 1 Role||Private Actor 1 Sector||Relation||Private Actor 2||Private Actor 2 Role||Private Actor 2 Sector|
|-||-||-||-||Latin American Agribusiness Development Corporation S.A. (LAAD)||Contractor||Agriculture and Forestry|
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