Quick Facts

Countries:
Where the impacts of the investment may be experienced.
  • Paraguay
Banks:
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
  • Netherlands Development Finance Company (FMO)
Status: Signed
Bank Risk Rating: B
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Investment Amount (USD): $ 10.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.

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Primary Source

Original disclosure @ FMO website
Updated in EWS: 2017-11-03
AGROFERTIL S.A
FMO-49753

Project Description
WHO IS OUR CLIENT Agrofertil, founded in 1993, is the leading distributor of fertilizers, crop protection products and seeds and agronomic services company in Paraguay, with its headquarters in Ciudad del Este. Through their extensive network of 20 distribution centers of which 14 have storage silos located in industrial zones or rural centers near the major crop regions in Paraguay, the company assists more than 1.800 farmers. FUNDING OBJECTIVE FMO has provided a USD 10 million medium-term facility to finance Agrofertil S.A.'s structural working capital needs and increase their capacity to provide pre-harvest financing to farmers in Paraguay. WHY WE FUND THIS PROJECT Agrofertil plays a key role in the agri value chain in Paraguay, supporting small and medium sized farmers and cooperatives. Agribusiness is considered to be the engine of the Paraguayan economy and is the sixth largest producer and fourth largest exporter of soybeans worldwide which contributes to some 23 percent of the country's GDP. Through this project, FMO will be enhancing Agrofertil's capacity to provide pre-harvest financing to farmers and will contribute to the further development of agriculture sector, a key pillar of Paraguay's economy. Thanks to the pre-harvest financing and agronomic advice provided by Agrofertil, farmers are able to increase their productivity and profitability.
Investment Description
Contact Information
FMO The Netherlands +31 70 314 96 96 info@fmo.nl Anna van Saksenlaan 71 2593 HW, The Hague The Netherlands FMO South Africa +27 11 507 2500 joburg-office@fmo.nl Regent Place, 2nd Floor Cradock Ave, Rosebank 2196 Johannesburg South Africa