Nicaragua-Dairy (IFC-602840)

Countries
  • Nicaragua
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
Jul 12, 2018
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
Not Specified
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 Amount (USD)
$ 1.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Project Cost (USD)
$ 1.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Primary Source

Original disclosure @ IFC website

Updated in EWS May 10, 2019

Disclosed by Bank Apr 3, 2019


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Project Description

The project will work with dairy field staff (10 people) to improve their capacity to provide services to direct and association suppliers. The technical and capacity building activities will focus on improving food safety practices and managerial capacities of 10 coops (representing over 2,000 farmers) and about 15 large farmers. The climate-smart practices that will be implemented at the farm and milk collection center levels will be monitored by using FAO’s Gleam-I tool. In addition, local financial institutions will be approached to assess the possibility of structuring dairy-specific financial products.

People Affected By This Project

The objective of the project is to strengthen the technical and managerial capacities of different supply chain actors (producers, cooperatives, collection centers and a private sector company) to ensure a stable, high-quality supply of milk.

Investment Description
  • International Finance Corporation (IFC)

Investment type not specified at the time of the snapshot

Contact Information

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