LAAD AMERICAS N.V.
Status: Completed investmentWhy disclosure?
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In case of questions
In case of questions, please contact us at disclosure@fmo.nl
Disclaimer
The information as disclosed is indicative and provided on an "as-is/as available" basis for general informational purposes only and should not be construed as financial, legal or investment advice, nor as a commitment or an offer to arrange or provide any financing. The final decision to provide financing is subject to the terms and conditions of FMO in its sole and absolute discretion. When providing links to other sites, FMO bears no responsibility for the accuracy, legality or content of the external site or for that of subsequent links. The information on proposed investment for high-risk investments is made available in the language relevant to the country or region where the bulk of operations take place. Translations of any information into languages other than English are intended as a convenience for local stakeholders. In case of any discrepancy, the information provided in English will prevail.
Who is our customer
Latin American Agriculture Development Corporation (LAAD) is a dedicated agricultural small and medium enterprise (SME) bank with a 42-year positive track record in financing SME-agribusinesses throughout Latin America. LAAD finances private agribusiness projects involving all phases of production, processing, storage, services, technology and marketing in the fields of agriculture, livestock, forestry and fishing.
What is our funding objective?
FMO’s long-term financing will enable LAAD to further increase their loan portfolio while improving the maturity-profile of LAAD’s funding.
Why do we fund this investment?
FMO's loan creates access to long-term financing for agricultural SMEs that would otherwise not be able to obtain it from commercial banks. In offering these financial services, LAAD enables SMEs to create impact and to successfully compete with their larger competitors.
More investments
| Date | Total FMO financing |
|---|---|
| 8/5/2022 | USD 40.00 MLN |
| 7/16/2020 | USD 48.00 MLN |
| 7/16/2020 | USD 4.00 MLN |
| 3/18/2016 | USD 22.00 MLN |
- Website customer/investment
- http://www.laadsa.com
- Region
- Latin America & The Caribbean
- Country
- Latin America & The Caribbean
- Sector
- Financial Institutions
- Effective date
- 5/31/2013
- End date
- 1/19/2021
- Total FMO financing
- USD 25.00 MLN
- Funding
- FMO NV
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Risk categorization on environmental and social impacts, A = high risk, B+ = medium high risk, B = medium risk, C = low risk
Environmental & Social Category
(A, B+, B or C) - B