AGRICOLA PAMPA BAJA S.A.C.
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
Agricola Pampa Baja, established in 1999, is a family owned company engaged in the production of fresh fruits & vegetables and also holds dairy operations for the production of milk.
What is our funding objective?
FMO’s funds will mainly be used to geographically expand the agricultural activities of Pampa Baja through its participation in the Olmos Irrigation Project in Northern Peru.
Why do we fund this investment?
Supporting the geographical expansion will enable the company to enhance its counter-seasonal production window. The Olmos Irrigation Project, initiated by the Peruvian government, transforms desert land into agricultural land through irrigation by water diverted from the Atlantic basin. Before the Olmos Irrigation Project, the area was a desert. The land has become suitable for year-round production of fruits and vegetables. Impact will be realized through the additional food produced, the economic development on previously unused land as well as an improvement of living standards in the Lambayeque region, which is a remote and under-developed region in the northern part of Peru. The Olmos operations of Pampa Baja will generate substantial employment opportunities for the local community.
More investments
| Date | Total FMO financing |
|---|---|
| 9/18/2018 | USD 1.00 MLN |
| 9/18/2018 | USD 24.00 MLN |
- Website customer/investment
- http://www.pampabaja.com
- Region
- Latin America & The Caribbean
- Country
- Peru
- Sector
- Agribusiness, Food & Water
- Effective date
- 6/30/2016
- End date
- 3/27/2020
- Total FMO financing
- USD 15.00 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+