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.
Projected date at which a project will be put forward for the Board of Executive Directors’ approval.
Projected board date
Veiga Perez, Matias Angel
USD $ 10,000,000
Project scope and objective
The proposed financing consists of an annual revolving line of credit committed to LAR S.R.L. for up to US$10 million, with a term of up to 39 months. The company will use these funds to purchase agro-inputs that it will later sell and finance to producers with terms of up to 390 days, seeking to replace lines of credit from suppliers that today grant shorter terms.
LAR S.R.L. is one of the main agricultural input distribution companies in Paraguay, also providing technical assistance services to producers, and in the purchase, storage, and sale of grains.
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