Farinter (IFC-47507)

Regions
  • Latin America and Caribbean
Geographic location where the impacts of the investment may be experienced.
Countries
  • Honduras
Geographic location where the impacts of the investment may be experienced.
Specific Location
Tegucigalpa
Whenever identified, the area within countries where the impacts of the investment may be experienced. Exact locations of projects may not be identified fully or at all in project documents. Please review updated project documents and community-led assessments.
Financial Institutions
  • International Finance Corporation (IFC)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Proposed
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
B
Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."
Borrower
GRUPO FARINTER INTERNATIONAL, S.R.L.
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Industry and Trade
The service or industry focus of the investment. A project can have several sectors.
Investment Amount (USD)
Not Disclosed
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Primary Source

Original disclosure @ IFC website

Updated in EWS Mar 2, 2025

Disclosed by Bank Jan 23, 2025

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Project Description
If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.

Farinter es una empresa privada de propiedad familiar con sede en Honduras dedicada a la distribución y venta minorista de productos farmacéuticos y de consumo. Farinter tiene presencia en toda la región con centros de distribución y farmacias en Guatemala, Honduras, El Salvador, Nicaragua, Costa Rica y Panamá. La IFC propone proporcionar un préstamo a largo plazo para financiar su plan estratégico que incluye (i) la adquisición de empresas del sector farmacéutico en América Central; y (ii) la construcción de dos nuevos centros de distribución (CD) en Honduras y Nicaragua. Se espera que la construcción del CD en Honduras comience en el cuarto trimestre de 2024, mientras que la ubicación en Nicaragua aún no está finalizada.                                                  

Investment Description
Here you can find a list of individual development financial institutions that finance the project.
Private Actors Description
A Private Actor is a non-governmental body or entity that is the borrower or client of a development project, which can include corporations, private equity and banks. This describes the private actors and their roles in relation to the project, when private actor information is disclosed or has been further researched.

GRUPO FARINTER INTERNATIONAL, S.R.L.

distribution and retail of pharmaceutical and consumer products. Farinter has presence across the region with distribution centers and pharmacy stores in Honduras, Nicaragua, Guatemala, El Salvador, Costa Rica, and Panama.


Contact Information
This section aims to support the local communities and local CSO to get to know which stakeholders are involved in a project with their roles and responsibilities. If available, there may be a complaint office for the respective bank which operates independently to receive and determine violations in policy and practice. Independent Accountability Mechanisms receive and respond to complaints. Most Independent Accountability Mechanisms offer two functions for addressing complaints: dispute resolution and compliance review.

ACCESO A LA INFORMACIÓN

Puede enviar una solicitud de divulgación de información en: https://disclosures.ifc.org/#/inquiries

Si cree que su solicitud de información a IFC ha sido denegada injustificadamente o que esta Política ha sido interpretada incorrectamente, puede presentar una queja en el enlace de arriba al Asesor de Política de Acceso a la Información de IFC, quien reporta directamente al Vicepresidente Ejecutivo de IFC.

MECANISMO DE RENDICIÓN DE CUENTAS DE LA CFI/MIGA

El Defensor del Pueblo (CAO) es el mecanismo de denuncia independiente y el órgano de investigación de hechos para las personas que creen que es probable que se vean, o se hayan visto, afectadas negativamente por un proyecto financiado por la IFC o el MIGA. Si presenta una denuncia ante el CAO, es posible que lo ayuden a resolver una disputa con la empresa y/o investiguen para evaluar si la IFC está siguiendo sus propias políticas y procedimientos para prevenir daños a las personas o al medio ambiente. Si desea presentar una denuncia electrónicamente, puede enviar un correo electrónico al CAO a CAO@worldbankgroup.org. Puede obtener más información sobre el CAO y cómo presentar una denuncia en http://www.cao-ombudsman.org

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