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Company name

AMPO Limitada

Project number

CR3887A-01

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E&S category
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N/A

Country

Costa Rica

Sector

Manufacturing

Status

In implementation

Disclosed date

03/19/2008

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

Projected board date
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04/22/2008

Approval date

04/29/2008

Signed date

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Sponsoring entity

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Investment Operations Department Contact

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Investment type

Syndicated amount

USD $ 150,000

Financing amount

USD $ 1,200,000

Currency

USD

Project scope and objective

AMPO Limitada is a company that produces manual filing supplies for office use, including hanging file folders, file folders, and a wide range of other items. The company has been operating since 1965; it exports some 65% of its production to Central America and the Caribbean. AMPO has production plants in Costa Rica, Nicaragua, and Panama.


The IIC loan to AMPO entails two significant benefits. First, the long-term loan will provide the company with financing for permanent working capital it needs as its sales grow rapidly, for expanding its warehouses and main production facility in Costa Rica, and for opening a new plant in Panama.


Second, the IIC will be providing technical assistance for the company to implement quality management processes, especially those needed to become international quality standard ISO 9001 certified. This will enable AMPO to become more competitive over the medium term and tap new markets in North and South America.



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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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Alternatively, you may also use the following contact information :

Client Contact

EMAIL

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PHONE NUMBER

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POST OFFICE ADDRESS

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IDB Invest Contact

EMAIL

requestinformation@idbinvest.org

PHONE

+1(202)-566-4566

ADDRESS

1350 New York Ave NW, Washington, DC 20005

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Learn more about how we provide private-sector solutions in the region .