Belagricola

completed

Belagricola is a leading agriculture inputs distributor and grains originator with operations in the Parana and southern Sao Paulo states. The Company sells fertilizer, agro-chemicals and produce and sell grain seeds. The Company purchases licensed certified seeds from large life-science companies and relies on a network of farmers to plant and multiply it under contract. Once ready, Belagricola receives the seeds at its processing facility where seeds are industrialized before being delivered to the market. Belagricola also originates grains from the farmers they sell agriculture inputs and trade it in the market. It’s headquarters is located in Londrina PR. Belagrícola has one seed processing unit, a total of 55 retail stores and 38 grain storage units spread throughout the west of Parana and south of São Paulo States.The proposed IFC investment consists of an A-Loan and B-Loan to further consolidate Belagricola’s position in the market and support the Company’s growth plans. Identified applicable Performance Standards:While all Performance Standards (PS) are applicable to this investment, IFC’s environmental and social review of project information indicates that the investment will have impacts which must be managed in a manner consistent with the following Performance Standards: