Company name

Agrovision Corp.

Project number

14022-01

Category B projects have potential environmental and/or social impacts and risks that are less adverse than those of a Category A and which are generally limited to the project site, largely reversible and can be mitigated via measures that are readily available and feasible to implement in the context of the operation.

E&S category
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B

Country

Regional

Sector

Agribusiness

Status

In implementation

Disclosed date

09/21/2022

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

Projected board date
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11/15/2022

Approval date

11/15/2022

Signed date

11/16/2022

Sponsoring entity

N/A

Team leader

Garcia Garcia, Victor

Investment type

Syndicated amount

N/A

Financing amount

USD $ 20,000,000

Currency

USD

Project scope and objective

La transacción propuesta consiste en una línea de crédito regional, revolvente y no comprometida por un monto de hasta US$20 millones, bajo la cual BID Invest efectuaría desembolsos en plazos diferenciados destinada a comprar insumos agrícolas a proveedor(es) elegible(s) (la “Facilidad”) de Agrovision Corp. (“Agrovision” o la “Compañía”), especialmente estructurada para cubrir el ciclo de conversión de caja de la producción y comercialización del arándano en México y Perú.

 

El objetivo de la transacción es el fortalecimiento de los eslabonamientos de su cadena de valor, lo cual permitirá a la Compañía aumentar las exportaciones de arándanos. 

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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.

AGROVISION RESUMEN DE LA REVISIÓN AMBIENTAL Y SOCIAL (RRAS)

409.6 Kb

AGROVISION PLAN DE ACCION AMBIENTAL Y SOCIAL (PAAS)

163.8 Kb

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Contact information

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Alternatively, you may also use the following contact information:

Client Contact

CONTACT NAME

Bertha Gonzalez

POSITION

Gerente de Finanzas y Control de Gestión

PHONE NUMBER

+51(01)2111267

EMAIL

bertha.gonzalez@agrovisioncorp.com

IDB Invest Contact

EMAIL

requestinformation@idbinvest.org

PHONE

+1(202)-566-4566

ADDRESS

1350 New York Ave NW, Washington, DC 20005

COUNTRY OFFICES

IDB Invest Country Offices

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