According to FMO's website, this project provides funding to Bancop S.A. for financing local small and medium-sized enterprises (SMEs), mainly active in the agriculture and cattle value chains.
Banco Para la Comercialización y la Producción, Bancop S.A. (Bancop) is a private universal bank in Paraguay. It is owned by a group of 28 productive cooperatives tied to the country’s agriculture, cattle and agro-industrial sectors. Bancop started operations in 2012 and has been growing rapidly - by the end of 2019, it had USD 444mln in total assets. Its loan portfolio is dedicated to corporates and SMEs mainly active in the agriculture and cattle value chains.
PROJECT CONTACT INFORMATION
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: email@example.com
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