P. EN R. HOLDING BV (FMO-49682)

Regions
  • East Asia and Pacific
Where the impacts of the investment may be experienced.
Financial Institutions
  • Netherlands Development Finance Company (FMO)
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.
Voting Date
May 31, 2016
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Borrower
P&R Holding
The holder of the loan, grant, or other investment.
Sectors
  • Finance
  • Water and Sanitation
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)
$ 0.08 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Currency conversion note:
Bank reported EUR 0.07 MLN
Converted using 2016-05-31 exchange rate.
Primary Source

Original disclosure @ FMO website

Updated in EWS Jul 9, 2020


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Project Description

According to the bank's website, "P&R Holding produces advanced technology substrates and rooting systems and has pioneered using coco peat for substrates." The objective of the project is "P&R Holing is not satisfied with the present state of the (waste) water management that leaves room for improvement. Internationally known practices for managing (waste) water need to be evaluated to select appropriate strategy and technology to improve corporate performance by using water in a more sustainable way."

Investment Description
  • Netherlands Development Finance Company (FMO)
Private Actors
  • P&R Holding -- Implementing Company
Contact Information

No contact information provided at time of disclosure.

ACCOUNTABILITY MECHANISM OF FMO

Communities who believe they will be negatively affected by a project funded by the Dutch Development Bank (FMO) may be able to file a complaint with the Independent Complaints Mechanism, which is the joint independent accountability mechanism of the Dutch Development Bank (FMO) and the German Investment Corporation (KfW) . A complaint can be filed in writing, by email, post, or online. The complaint can be filed in English or any other language of the complainant. The Independent Complaints Mechanism is comprised of a three-member Independent Expert Panel and it can provide either problem-solving, compliance review or both, in either order. Additional information about this accountability mechanism, including a guide and template for filing a complaint, can be found at: https://www.fmo.nl/independent-complaints-mechanism