Project detail - FUNDACION SARTAWI

FUNDACION SARTAWI

Status: Completed investment
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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

Fundacion Sartawi is a nonprofit foundation that provides agricultural and rural microfinance in Bolivia. Sartawi not only creates access to finance, but also provides technical assistance to farmers to help improve crop yields and improve market access for small farmers.

What is our funding objective?

FMO provided equity and debt to Sartawi, which will go towards funding growth the and expansion of Sartawi's longer-term agricultural investment loan portfolio.

Why do we fund this investment?

FMO's financing will allow Sartawi to grow its activities and create access to finance for a larger body of agricultural and rural borrowers. It will also help to support the development of a sustainable agriculture capacity in Bolivia.

More investments

Date Total FMO financing
3/11/2021 USD 4.00 MLN
3/4/2021 USD 2.00 MLN
Website customer/investment
http://www.sembrarsartawi.org
Region
Latin America & The Caribbean
Country
Bolivia, Plurinational State of
Sector
Financial Institutions
Effective date
7/31/2013
End date
3/3/2021
Total FMO financing
USD 3.00 MLN
Funding
MASSIF
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)
C