According to the EBRD, the project consists in the provision of a EUR 2.5 million senior secured loan to Tajikistan-based flour and animal feed producer Farovon Group.
The project will allow the Company to (i) purchase new equipment that will introduce two new products to the local market: feed grade cake and husk; (ii) achieve FSSC 22000 and ISO 22000 certifications.
As stated by the EBRD, Farovon Group [is] a group of private companies organised in Tajikistan and Kazakhstan, [and] the leading flour, animal feed and edible oil producer in Tajikistan.
|Private Actor 1
|Private Actor 1 Role
|Private Actor 1 Sector
|Private Actor 2
|Private Actor 2 Role
|Private Actor 2 Sector
|Farovon Group LLC
|Agriculture and Forestry
Client - Farovon Group LLC:
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ACCOUNTABILITY MECHANISM OF EBRD
The Project Complaint Mechanism (PCM) is the independent complaint mechanism and fact-finding body for people who have been or are likely to be adversely affected by an European Bank for Reconstruction and Development (EBRD)-financed project. If you submit a complaint to the PCM, it may assess compliance with EBRD's own policies and procedures to prevent harm to the environment or communities or it may assist you in resolving the problem that led to the complaint through a dialogue with those implementing the project. Additionally, the PCM has the authority to recommend a project be suspended in the event that harm is imminent.
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You can learn more about the PCM and how to file a complaint at: http://www.ebrd.com/work-with-us/project-finance/project-complaint-mechanism.html