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Agripac LP

Sector: Raw Materials • Location: Ecuador

Source: Inter-American Development Bank (IADB)

Project
In Implementation

The proposed financing consists of a senior loan for up to US$16 million and a maximum term of 8 years, including 18 months of grace period, secured by mortgage and pledge on fixed assets. The transaction will also feature performance-based incentives and advisory services from We-Fi to support Agripac grow its client base for women-led or women-owned SMEs ("Women SME").The funds will be used to i

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The project “Agripac LP” is an infrastructure initiative in the Raw Materials sector, located in Ecuador. Taiyo aggregates data on it from Inter-American Development Bank (IADB).

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Participants

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in implementation

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Description

Description

The proposed financing consists of a senior loan for up to US$16 million and a maximum term of 8 years, including 18 months of grace period, secured by mortgage and pledge on fixed assets. The transaction will also feature performance-based incentives and advisory services from We-Fi to support Agripac grow its client base for women-led or women-owned SMEs ("Women SME").The funds will be used to incorporate a new animal feed production line, to be used in two of the divisions with the highest growth projection for Agripac, which are pet food and shrimp, in addition to the 2021 investment plan, which includes the updating of machinery, robotization of industrial processes, improvements in fire prevention, new warehouses, among others. Through this transaction, IDB Invest seeks to strengthen the value chain and industrialization of agricultural production in Ecuador.

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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