Equity Investment in the AgroDesarrollo Fund
The general objective of the project is to support the establishment of a VC industry in Chile as well as local fund management capacity in a sector that is relevant for the country¿s economy, by showcasing the impact that VC has on the growth and competitiveness of SMEs. The specific objective of this project is to transform initiatives of entrepreneurs from the agriculture sectors into profitable businesses, generating sustainable employment and economic development, by providing equity, quasi-equity and debt financing, as well as value added governance to 9 to 14 small agribusinesses.

Project Detail

Country

Chile

Project Number

CH-Q0001

Approval Date

November 18, 2009

Project Status

Implementation

Project Type

Equity

Sector

PRIVATE FIRMS AND SME DEVELOPMENT

Subsector

SMALL AND MEDIUM ENTERPRISE

Lending Instrument

Instrumento del Fondo Multilateral de Inversiones

Lending Instrument Code

MIF

Modality

-

Facility Type

-

Environmental and Social Impact Category (ESIC)

-

Total Cost

USD 28,000,000.00

Country Counterpart Financing

USD 24,500,000.00

Original Amount Approved

USD 3,500,000.00
Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
EQU/MS-12034-CH Non-Sovereign Guaranteed USD - United States Dollar MIF-Small Enterprise Investment Fund Equity Financing
Operation Number EQU/MS-12034-CH
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: MIF-Small Enterprise Investment Fund
  • Financial Instrument: Equity Financing