AGROFERTIL S.A
Status: Approved investmentWhy disclosure?
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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
Agrofertil S.A is an agricultural inputs distributor covering the entire soybean producing area of Paraguay.
What is our funding objective?
The project attends to three key aspects of the fight against COVID-19: (i) strengthening care in health centres, Agrofertil branch offices and silos, as well as in more remote areas through cooperation on inputs and biosafety elements, (ii) the implementation of an awareness campaign on preventive measures against COVID-19, and (iii) technical assistance for 90 families and their orchards for food self-sustenance.
Why do we fund this investment?
With this COVID-19 Emergency Grant Facility the expected impact is the decrease in the risks related to the spread of the virus through higher awareness of employees and the community. In addition, FMO will support food security for the most vulnerable sectors through the production of food in a sustainable way.
More investments
| Date | Total FMO financing |
|---|---|
| 6/26/2020 | EUR 15.00 MLN |
| 6/26/2020 | EUR 18.00 MLN |
| 11/9/2021 | EUR 0.06 MLN |
| 5/12/2022 | USD 10.00 MLN |
- Region
- Latin America & The Caribbean
- Country
- Paraguay
- Sector
- Agribusiness, Food & Water
- Effective date
- 10/22/2020
- Total FMO financing
- EUR 0.07 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+