AR-L1096 : Cooperativa La Riojana

Project Status
Completed

This project aims to strengthen the competitiveness of small-scale producers who are members of La Riojana Cooperativa Vitivinifrutícola de La Rioja Limitada (¿La Riojana¿ or ¿the cooperative¿) by increasing their production capacities and improving their access to financing, which currently is very limited. Specifically, the project will modernize production and increase valueadded sales by these producers, who are at the base of the socioeconomic pyramid, enabling them to engage in regional and global wine markets in which they cannot compete on their own. The project will also have a positive effect on the local community in general, since the activities of La Riojana have a major impact on the economy of the region and involve roughly 2,000 rural families in the area.

PROJECT DETAIL

Project Number AR-L1096
Operation Number 2423/OC-AR
Country Argentina
Sector AGRICULTURE AND RURAL DEVELOPMENT
Subsector AGRICULTURE AND RURAL DEVELOPMENT-AGRICULTURAL RESEARCH AND INNOVATION
Project Type Loan Operation
Project Status Completed
Approval Date OCT 13, 2010
Contract Signature Date APR 18, 2011
Completion Date MAY 2, 2013
IDB Financing * 2.90

PROJECT INFORMATION

Total Cost H USD 5,800,000
Country Counterpart Financing USD 2,900,000
Financing Type Private Sector Loan
Fund Ordinary Capital
Reporting currency USD - United States Dollar
Reporting Date SEP 30, 2017
PORTFOLIO DETAILS
Key Value
H Historical
R Revalued

*For active and closed projects, the IDB financing at Board approval is shown in US$ millions. This does not reflect any cancellations. For projects in Preparation the amount shown is the Estimated IDB Financing. Approved projects shows either Estimated IDB Financing or Historic Approved amount. The IDB financing for projects in the pipeline is indicative and may be modified during the project preparatio

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