Projected date at which a project will be put forward for the Board of Executive Directors’ approval.
Projected board date
USD $ 5,000,000
Project scope and objective
Agrofértil S.A. imports agricultural inputs and sells them in the Paraguayan market; it also purchases grain locally for export and provides its clients with agricultural technical assistance. The company also grows grain on land owned by its sponsors and holds a share of one of Paraguay’s largest manufacturers of agrochemicals.
The purpose of the project is to partially finance: (i) recent capital investments and (ii) Agrofértil’s operating fund requirements, thereby improving the company’s debt profile.
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