Company name

Agrícola Millahue Ltda. and Agrícola Trallay Ltda.

Project number

CH1093A-01

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E&S category
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N/A

Country

Chile

Sector

Agribusiness

Status

Completed

Disclosed date

08/22/2003

Projected date at which a project will be put forward for the Board of Executive Directors’ approval.

Projected board date
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09/24/2003

Approval date

09/24/2003

Signed date

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Sponsoring entity

N/A

Team leader

Barsantini, Javier

Investment type

Syndicated amount

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Financing amount

N/A

Currency

USD

Project scope and objective

The Project involves refinancing the plantings of several types of fruit trees carried out by Millahue and Trallay during the period from 1996 to 2002; financing interest during the grace period; financing new plantings, quality control and nursery development programs; providing pre- and post-harvest permanent working capital; and setting up an offshore escrow account.

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Environmental and social review

IDB Invest conducts an environmental and social due diligence (ESDD) commensurate with the nature, scale, and stage of the project, and with its level of environmental and social risks and impacts. The ESDD will confirm the project E&S categorization and assess the project with respect to the client requirements in IDB Invest Environmental and Social Sustainability Policy. The results of the ESDD, including any identified gaps are described in the Environmental and Social Review Summary (ESRS) provided below. For projects approved as of 2016, any gaps with respect to IDB Invest's Environmental and Social Sustainability Policy at the time of the ESDD are addressed in the Environmental and Social Action Plan (ESAP) presented below, to comply with the date mentioned above.

ENVIRONMENTAL AND SOCIAL REVIEW

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Contact information

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Client Contact

CONTACT NAME

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POSITION

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PHONE NUMBER

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EMAIL

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IDB Invest Contact

EMAIL

requestinformation@idbinvest.org

PHONE

+1(202)-566-4566

ADDRESS

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COUNTRY OFFICES

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