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NI-L1045 : Agricorp

Project Status: Closed

Achieve a debt structure more consistent with the Company¿s asset profile and growth potential and improve its liquidity, better insulating it against volatility in commodity prices, and will allow it to invest in replicating the efficiencies obtained in the rice supply chain to other products such as salt and beans. OMJ component of the Project will enable the Company to construct a new bean processing plant, to serve as a more stable outlet for the purchase and storage of beans from small farmers. The Project will also provide working capital finance and technical training to help improve the production yields and economic earning potential of small bean producers in Nicaragua.

Project Detail

Project Number
NI-L1045
Project Country
Nicaragua
Project Sector
AGRICULTURE AND RURAL DEVELOPMENT
Project Subsector
AGRIBUSINESS
Project Type
Loan Operation
Project Lending Type
NSG
Project Modality
PSL (Private Sector Loan)
Project Facility Type
Project Status
Closed
Operation Number
2237A/OC-NI-2

Financial Information

Project Number
NI-L1045
Project Status
Closed

IDB Financing

Financing type
PSL
Fund
Ordinary Capital
Reporting currency
USD - United States Dollar
Reporting date
Jun/30/2023

Roles & Responsibilities

Contract signature date
Jun/08/2010
Operation Number
2237A/OC-NI-1

Financial Information

Project Number
NI-L1045
Project Status
Closed

IDB Financing

Financing type
PSL
Fund
Ordinary Capital
Reporting currency
USD - United States Dollar
Reporting date
Jun/30/2023

Roles & Responsibilities

Contract signature date
Jun/08/2010
Operation Number
2237A/OC-NI-3

Financial Information

Project Number
NI-L1045
Project Status
Closed

IDB Financing

Financing type
PSL
Fund
Ordinary Capital
Reporting currency
USD - United States Dollar
Reporting date
Jun/30/2023

Roles & Responsibilities

Contract signature date
Jun/08/2010

Project Information

Total Cost
USD 10,600,000
Country counterpart financing
USD 0
Amount
USD 10,600,000

Preparation

Title
Type
Project Number
Date Published
Environmental & Social Strategies
NI-L1045
July 08, 2009
Project Abstract
NI-L1045
July 08, 2009