Ramex
Sector: Raw Materials • Location: Madagascar
Source: International Finance Corporation (IFC)
The proposed investment is a US$ 10.5mn loan to Ramanandraibe Exportation (“Ramex”) for a short-term (1 year, renewable 2 times) export pre-financing backed by vanilla offtake contracts with reputable offtakers. Funds will be used to purchase and process vanilla. IFC will disburse against offtake contracts. To ensure sustainability and traceability of its supply, Ramex is sourcing vanilla from 2 c
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | active |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
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Phone | 0000000000 |
ObfuscatedData@email.com | |
Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | The proposed investment is a US$ 10.5mn loan to Ramanandraibe Exportation (“Ramex”) for a short-term (1 year, renewable 2 times) export pre-financing backed by vanilla offtake contracts with reputable offtakers. Funds will be used to purchase and process vanilla. IFC will disburse against offtake contracts. To ensure sustainability and traceability of its supply, Ramex is sourcing vanilla from 2 cooperatives it contributed to set up, one that is Rainforest Alliance certified and the other one, which is to be certified within a year. However, majority of total supply is provided by collectors who buy vanilla in 7 agricultural zones (Manakara, Ambanja, Mananara, Maroantsetra, Antalaha, Sambava, and Andapa) covering about 23 villages. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
Region | Obfuscated |
Country | Obfuscated |
State | Obfuscated Data |
County | Obfuscated |
Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
Project Type | Obfuscated Data |
Article Published Date | Obfuscated Data |
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