Competitiveness and Financing of Coffee Growing in Guatemala (IADB-GU-M1059)

Countries
  • Guatemala
Where the impacts of the investment may be experienced.
Financial Institutions
  • Inter-American Development Bank (IADB)
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
C
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
Oct 12, 2016
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
  • Technical Cooperation
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Grant
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 1.97 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)
$ 12.32 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 @ IADB website

Updated in EWS Apr 13, 2018


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Project Description

From the IDB: "The solution raised by the project is creating coordination between strategically positioned partners at public and private sector to set a new paradigm in the industry competence model of coffee sector in Guatemala. The project will allow strengthening four partners. ANACAFE having strong technical and market access capabilities. Federation of Financial Coops. MiCoope whom owns strong expertise. Columna Insurer providing Ag. insurances. GuateInvierte a public partial guarantee fund that will be strengthen to improve their methods and service. By joining capabilities and services of the partners, the project aims to structure and manage risk of coffee sector in an integral way. De-risking will allow unlock finance, needed to access improved sustainable / climate resilient technologies, and new markets."

Investment Description
  • Inter-American Development Bank (IADB)
Contact Information

ACCOUNTABILITY MECHANISM OF IADB

The Independent Consultation and Investigation Mechanism (MICI) is the independent complaint mechanism and fact-finding body for people who have been or are likely to be adversely affected by an Inter-American Development Bank (IDB) or Inter-American Investment Corporation (IIC)-funded project. If you submit a complaint to MICI, they may assist you in addressing the problems you raised through a dispute-resolution process with those implementing the project and/or through an investigation to assess whether the IDB or IIC is following its own policies for preventing or mitigating harm to people or the environment. You can submit a complaint by sending an email to MICI@iadb.org. You can learn more about the MICI and how to file a complaint at http://www.iadb.org/en/mici/mici,1752.html (in English) or http://www.iadb.org/es/mici/mici,1752.html (Spanish).