WASHINGTON – IDB Invest will expand its committed credit line with LAR Paraguay, increasing the amount from $10 million to $20 million to boost access to agricultural inputs and financing for small and medium-sized producers, promoting productivity and economic integration in the country.

The project will help increase grain purchases from domestic agricultural producers, foster local and foreign grain trade, and generate employment. LAR Paraguay is expected to continue providing technical assistance and comprehensive solutions to more than 1,700 producers, strengthening the sector’s resilience to climate challenges.

The financial structure consists of a committed credit line of $20 million. The operation is backed by a corporate guarantee from LAR Cooperativa Agroindustrial (Brazil), one of the largest agribusiness groups in the region.
Agriculture accounts for about 6.9% of Paraguay’s real GDP and generates more than $4 billion in exports, mainly soybeans. However, the sector faces vulnerability to environmental events and productivity challenges. This financing reinforces the stability and competitiveness of the agribusiness value chain in a context of sustained growth and investment needs.

In addition to financial support, IDB Invest will assist LAR Paraguay in implementing the Environmental and Social Action Plan (ESAP) to promote improvements in sustainability and environmental standards, strengthening the company’s capacity for responsible management.

With this operation, IDB Invest reaffirms its commitment to sustainable development and economic growth in Paraguay.

About IDB Invest 

IDB Invest, a member of the IDB Group, is a multilateral development bank committed to promoting the economic development of its member countries in Latin America and the Caribbean through the private sector. IDB Invest finances sustainable companies and projects to achieve financial results and maximize economic, social, and environmental development in the region. With a portfolio of $22 billion in assets under management and more than 440 clients in 25 countries, IDB Invest provides innovative financial solutions and advisory services that meet the needs of its clients in a variety of industries. Visit our website: www.idbinvest.org/en.

About LAR Paraguay

With nearly 30 years of experience in the country, we drive the growth of Paraguayan producers through knowledge, innovation, and technical assistance in the field. Today, we have 24 business units and a team of more than 85 agronomists dedicated to providing solutions that enhance productivity and sustainability for our 1,700 clients. Thanks to this joint effort, we have already supported more than 677,000 hectares across the national territory, consolidating a trusted network that continues to expand year after year.