New Models for Financing Early Stage Agribusiness

The objective of this project is to strengthen the ecosystem of early stage agricultural enterprises and agricultural innovation, through the provision of critical financing and technical assistance in financial management. The project is focused on agricultural SMEs which are underserved by the banking sector and too large for traditional microfinance organizations.

Project Detail

Country

Regional

Project Number

RG-G1018

Approval Date

November 20, 2018

Project Status

Closed

Project Type

Investment Grants

Sector

AGRICULTURE AND RURAL DEVELOPMENT

Subsector

AGRIBUSINESS

Lending Instrument

Programa de Empresariado Social & Pequeños Proyectos

Lending Instrument Code

SMP

Modality

Facility Type

Environmental and Social Impact Category (ESIC)

Category B13: Uncategorized Directive B.13

Total Cost

USD 12,500,000.00

Country Counterpart Financing

USD 12,000,000.00

Original Amount Approved

USD 500,000.00