Ukraine Dairy SC (IFC-602031)

Countries
  • Ukraine
Where the impacts of the investment may be experienced.
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
Active
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
Jan 29, 2019
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.
Sectors
  • Agriculture and Forestry
  • Industry and Trade
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Advisory Services
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 2.60 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Primary Source

Original disclosure @ IFC website

Updated in EWS Jul 5, 2019

Disclosed by Bank Apr 23, 2019


Contribute Information
Can you contribute information about this project?
Contact the EWS Team

Project Description

According to the Bank's website, this project provides financing to improve the operational efficiency and productivity of dairy producers throughout Ukraine, to improve their access to inputs, services and financing and to improve the capacity of milk processors to export their products. 

People Affected By This Project

The Project`s main goal is to facilitate the growth of the Ukrainian dairy industry by improving the operational efficiency and the productivity of dairy producers, by improving farmer access to inputs, services and financing and by supporting the modernization of the dairy processors.
The Project will build up the expertise, skills and infrastructure needed for positioning Ukraine in export markets, predominantly on the growing markets of East Asia and the Middle East.
During the Project Pilot Phase (Phase 1) IFC will design, test and verify the tools, approaches and partnerships which would enable the Project to support the development of more than 600 of dairy cooperatives in Ukraine which are uniting and/or servicing more than 40,000 smallholder milk producers and reach more than 30,000 dairy farmers during the Project Scale-up Phase (Phase 2).

Investment Description
  • International Finance Corporation (IFC)
Contact Information

No contact information available at time of writing. 

ACCOUNTABILITY MECHANISM OF IFC

The Compliance Advisor Ombudsman (CAO) is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an IFC or MIGA- financed project. If you submit a complaint to the CAO, they may assist you in resolving a dispute with the company and/or investigate to assess whether the IFC is following its own policies and procedures for preventing harm to people or the environment. If you want to submit a complaint electronically, you can email the CAO at CAO@worldbankgroup.org. You can learn more about the CAO and how to file a complaint at http://www.cao-ombudsman.org/