Company name
CAMSA INDUSTRIA Y COMERCIO S.A.
Project number
14036-01
Category C projects are those that are likely to result in very limited or no adverse environmental or social impacts or risks.
E&S category
C
Country
Bolivia
Sector
Manufacturing
Status
Inactive
Disclosed date
09/02/2022
Projected date at which a project will be put forward for the Board of Executive Directors’ approval.
Projected board date
09/29/2023
Approval date
N/A
Signed date
N/A
Sponsoring entity
N/A
Investment Operations Department Contact
Corporates Division
Investment type
Syndicated amount
N/A
Financing amount
USD $ 5,000,000
Currency
USD
Project scope and objective
CAMSA Industria y Comercio S.A. (“CAMSA” or the “Company”) has been in business for more than 30 years and is a major player in the Bolivian wholesale trade sector. The Company holds a diversified portfolio with four main lines of business: automotive, household appliances and electronics, pharmaceuticals, and consumer goods. It also has a significant presence across the country with nine operating centers scattered among the departments of La Paz, Cochabamba, Tarija, and Santa Cruz.
IDB Invest will structure an uncommitted revolving line of credit to finance the Company's working capital requirements for up to US$5 million, with disbursements in terms of up to 390 days. The project is intended to provide a comprehensive working capital solution that will enable CAMSA to improve efficiency in its existing operations, strengthen its supply chain, and continue with its growth plan.
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Contact information
For inquiries, comments and information requests about the project
Request informationAlternatively, you may also use the following contact information :
Client Contact
camsa@camsa.com.bo
PHONE NUMBER
+591 72164000
POST OFFICE ADDRESS
IDB Invest Contact
requestinformation@idbinvest.org
PHONE
+1(202)-566-4566
ADDRESS
1350 New York Ave NW, Washington, DC 20005
COUNTRY OFFICES
IDB Invest Country OfficesIndividuals or communities can submit complaints and concerns related to environmental, social, or corporate governance issues to the Management Grievance Mechanism by e-mailing mgm@iadb.org or by calling +1 202 312 4040.
As a last resort, affected communities have access to the IDB Invest Independent Consultation and Investigation Mechanism by writing to mecanismo@iadb.org or MICI@iadb.org or calling +1(202) 623-3952.
IDB Invest has zero tolerance to reprisal or retaliation against anybody who voices its opinion or opposition to IDB Invest-financed projects.
For inquiries, comments and information requests about the project
Request informationLearn more about how we provide private-sector solutions in the region .
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.
CAMSA ENVIRONMENTAL AND SOCIAL REVIEW SUMMARY (ESRS)
204.8 Kb
CAMSA ENVIRONMENTAL AND SOCIAL ACTION PLAN (ESAP)
174.1 Kb