The objective of the Project is to support the Borrower to achieve its growth strategy and extend its operations. The Borrower is the first company to grow this native species at a commercial scale. The existing plantation contributes to cash inflows already. The new plantations will start to generate returns beginning in year four of the Project.
|Sector||AGRICULTURE AND RURAL DEVELOPMENT|
|Subsector||AGRICULTURE AND RURAL DEVELOPMENT-AGRIBUSINESS|
|Project Type||Loan Operation|
|Approval Date||DEC 17, 2015|
|IDB Financing *||1.50|
|Total Cost H||USD 7,390,000|
|Country Counterpart Financing||USD 5,890,000|
|Financing Type||Private Sector Loan|
|Fund||IDB/Global Environment Facility|
|Reporting currency||USD - United States Dollar|
|Reporting Date||SEP 30, 2017|
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