According to the FMO's website, this project provides financing to Kischenzi to improve the quality of its IFRS reporting function while improving its planning/budgeting function by preparing a detailed LT cash flow model for banks and potential investors. The funding will be used to hire an experienced former banker and CFO of top-tier agri company in Ukraine – Ton Huls, who will help to bring the company’s accounting and risk management practices up to international standards.
This project has been given a B+ environmental and social risk rating.
Kischenzi Ltd. (“Kischenzi”) is an integrated farm consisting of agricultural, dairy, vegetable and pig activities and located in the Central part of Ukraine. Kischenzi has been an FMO client since 2009.
No project-specific contact information available at time of writing.