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LAAD expansion

Sector: Raw Materials • Location: Latin America and the Caribbean Region

Source: International Finance Corporation (IFC)

Project
Active

The project consists of an IFC investment of up to $20 million to the Latin American Agribusiness Development Corporation S.A. (“LAAD” or the “Company”), an existing IFC client, to be on-lent to small and medium (SMEs) exporting private agribusiness enterprises in Latin American countries. The IFC investment will directly support the Company’s portfolio growth. LAAD is financial intermediary speci

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Project Information

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The project “LAAD expansion” is an infrastructure initiative in the Raw Materials sector, located in Latin America and the Caribbean Region. Taiyo aggregates data on it from International Finance Corporation (IFC).

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Participants

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active

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Description

Description

The project consists of an IFC investment of up to $20 million to the Latin American Agribusiness Development Corporation S.A. (“LAAD” or the “Company”), an existing IFC client, to be on-lent to small and medium (SMEs) exporting private agribusiness enterprises in Latin American countries. The IFC investment will directly support the Company’s portfolio growth. LAAD is financial intermediary specialized in lending to agribusiness SMEs, which are the economic engine of rural Latin America and earn hard currencies to their home countries. LAAD operates in 15 Latin American countries. LAAD supports farmers producing a variety of products, ranging from soybean and grains to livestock, fruits & vegetables and flowers and ornamental plants for exports. LAAD supports local, in many cases family-owned, businesses and long term investments in agribusiness. LAAD offers medium to long term financing. In turn, LAAD’s main longest term funds providers are IFC, Rabobank and Bank of America.

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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