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Danper II

Project number 12180-01
Country Peru
Sector Agribusiness
Status Implementation

Across Peru, from Piura in the northwest to Arequipa in the southeast, Danper Trujillo grows high-end vegetables, fruits and Andean “superfoods” such as quinoa for export to the farthest reaches of the globe. The company also makes processed foods such as salsas, tapenades and marinated artichokes.

A joint venture established more than two decades ago with Dan¬¬ish and Peruvian capital (hence the name), Danper employs more than 6,500 people and is on track to keep growing. With a $20.7 million loan from IDB Invest, the company plans to continue expanding its agricultural production and improving its industrial processes and infrastructure, with an emphasis on saving water and energy.

Danper implements optimal agricultural practices and minimizes water consumption and the use of fertilizers. It is working on sustainable water basin management and has been certified for meeting Alliance for Water Stewardship standards.

This was our second loan to Danper. In 2014, we provided a 10-year, $38.5 million loan to help the company add more asparagus and avocado plantations, upgrade industrial facilities and strengthen its financial structure. Along with financial support, the IDB Group provided technical assistance, including energy efficiency and social impact assessments and support in obtaining EDGE certification for gender equality.

Our financing will enable Danper to integrate more than 130 small- and medium-scale farming operations into the value chain and create more than 5,000 permanent or seasonal new jobs by 2020. That economic impact and the company’s strong social and environmental performance add up to a positive contribution to development.

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