AGRIPLACE HOLDING B.V. (FMO-59371)

Regions
  • World
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
Approved
Bank Risk Rating
U
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
Dec 15, 2020
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
AgriPlace B.V.
The holder of the loan, grant, or other investment.
Sectors
  • Agriculture and Forestry
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)
$ 0.16 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 0.13 MLN
Converted using 2020-12-15 exchange rate.
Primary Source

Original disclosure @ FMO website

Updated in EWS Jan 6, 2021


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Project Description

AgriPlace B.V. is a cloud platform organization enabling effective compliance program management and communication between all actors in the supply chain. It aims at supporting smallholder farmers in emerging markets with certification requirements and compliance needed to sell their produce to European importers of organic products. At the same time, AgriPlace offers traders a solution for a transparent supply chain from field to retailer.

AgriPlace is one of the five winners of the Finture Solutions Challenge 2020. They won a repayable development contribution of EUR 125,000 and are using it to develop a remote auditing module for their platform and a network functionality to enable smallholder visibility.

 

 

Investment Description
  • Netherlands Development Finance Company (FMO)
Private Actors
Contact Information

Project contacts were not available at the time of disclosure.

 

ACCESS TO INFORMATION

As part of FMO's ex-ante disclosure (disclosure of transactions before contracting), you can send requests or questions for additional information to: disclosure@fmo.nl

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