Development of Associative and Community Platforms for Access to Financing
The objective of this operation is to support the development of small agricultural producers at the base of the pyramid, who are grouped into producer communities and cooperatives. It will achieve this through the provision of long-term financing to Paraguay's first cooperatively owned bank. Small farmer cooperatives face major obstacles in obtaining long-term financing from local banks, and this limits their ability to boost production and achieve better economic returns.

To meet this objective, the Opportunities for the Majority Sector (OMJ) will provide a senior secured loan of up to US$6 million to BANCOP, the first cooperatively owned financial entity in Paraguay. IDB loan proceeds will be used to expand BANCOP's agricultural and intermediation portfolio. BANCOP is responsible for providing long-term financing in support of the working and investment capital9 needs of small-scale producers at the base of the pyramid. The transfer of resources to these producers may be made directly or through producer cooperatives. This will support linkages between small-scale producers and cooperatives so that the latter can act as an anchor for the development of rural businesses belonging to small-scale producers.

Project Detail

Country

Paraguay

Project Number

PR-L1072

Approval Date

November 8, 2012

Project Status

Closed

Project Type

Loan Operation

Sector

AGRICULTURE AND RURAL DEVELOPMENT

Subsector

SUSTAINABLE AGRICULTURAL DEVELOPMENT

Lending Instrument

BID Invest

Lending Instrument Code

IIC

Modality

PSL (Private Sector Loan)

Facility Type

-

Environmental and Social Impact Category (ESIC)

-

Total Cost

USD 6,000,000.00

Country Counterpart Financing

USD 0.00

Original Amount Approved

USD 6,000,000.00
Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
2836/OC-PR-1 Non-Sovereign Guaranteed USD - United States Dollar Ordinary Capital Private Sector Financing
2836/OC-PR-2 Non-Sovereign Guaranteed USD - United States Dollar Ordinary Capital Private Sector Financing
Operation Number 2836/OC-PR-1
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Ordinary Capital
  • Financial Instrument: Private Sector Financing
Operation Number 2836/OC-PR-2
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Ordinary Capital
  • Financial Instrument: Private Sector Financing

Can’t find a document? Request information

 Other Documents
https://www.iadb.org/document.cfm?id=EZSHARE-1553765812-880
Legal Administration of Operations
Desarrollo de Plataformas Asociativas y Comunitarias para el Acceso a Financiamiento en el Sector Rural [37203600].PDF
Jul. 30, 2014
Spanish
https://www.iadb.org/document.cfm?id=EZSHARE-1553765812-881
Legal Administration of Operations
Development of Associative and Community Platforms for Access to Rural Financing [37203457].PDF
Jul. 30, 2014
English
 Preparation Phase
https://www.iadb.org/document.cfm?id=EZSHARE-1553765812-882
Environmental and Social Strategies
ESTRATEGIA AMBIENTAL Y SOCIAL [37219299].PDF
Oct. 25, 2012
Spanish
https://www.iadb.org/document.cfm?id=EZSHARE-939247023-2
Project Abstract
Abstracto de Proyecto [37219287].PDF
Oct. 25, 2012
Spanish

Have an Environmental or Social issue related to IDB projects? File a Complaint