Project detail - LAAD AMERICAS N.V.

LAAD AMERICAS N.V.

Status: Approved investment
Back to map

Why disclosure?

FMO is committed to making publicly available relevant investment information that informs stakeholders and enables them to engage directly with FMO on its investments which, in turn, enhances our investment decisions, the design and implementation of projects and policies, and strengthens development outcomes. Learn more

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 45-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 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
1/19/2021 USD 25.00 MLN
Website customer/investment
http://www.laadsa.com
Region
Latin America & The Caribbean
Country
Latin America & The Caribbean
Sector
Financial Institutions
Effective date
3/18/2016
Total FMO financing
USD 22.00 MLN
Funding
FMO NV
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