Company name

Copeval S.A.

Project number

14243-01

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

Chile

Sector

Agribusiness

Status

Approved

Disclosed date

10/26/2022

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

Projected board date
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12/01/2022

Approval date

12/01/2022

Signed date

N/A

Sponsoring entity

Copeval S.A. y Subsidiarias

Team leader

Pasut, Carina Mabel

Investment type

Syndicated amount

N/A

Financing amount

USD $ 30,000,000

Currency

USD

Project scope and objective

El financiamiento propuesto a Grupo Copeval consiste en una línea de crédito revolvente a 39 meses, con un tramo comprometido y otro no comprometido por hasta US$30 millones, bajo la cual BID Invest extenderá financiamientos a un plazo por hasta 390 días con amortización al vencimiento, destinado a la importación de maquinarias, insumos y materias primas, las cuales serán vendidas y financiados a sus productores agrícolas.

 

Copeval, es el principal distribuidor de insumos agrícolas en Chile, con más de 65 años de experiencia en el mercado. Cuenta con un stock permanente de más de 28.700 productos divididos en las líneas principales de agroquímicos, fertilizantes, alimentos y granos, veterinaria, combustibles y lubricantes, maquinarias, semillas, riego tecnificado, ferretería agrícola, arriendo de maquinaria y servicios. Para realizar sus operaciones, Copeval cuenta con una amplia red de distribución y con un modelo de atención a todo tipo de agricultores, tanto multi-rubro como multi-tamaño. La eficiencia logística de la red de distribución de Copeval le permite entregar una oferta integral de insumos agrícolas con una amplia cobertura geográfica, atendiendo anualmente a más de 40.000 clientes.

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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.

COPEVAL - RESUMEN DE LA REVISIÓN AMBIENTAL Y SOCIAL (ESRS)

245.8 Kb

COPEVAL - PLAN DE ACCIÓN 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

Enrique Hott

POSITION

Gerente de Administración y Finanzas

PHONE NUMBER

+56 72-2410713

EMAIL

Enrique.Hott@copeval.cl

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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