Company name
Las Maravillas Sociedad Agropecuaria
Project number
UR3882A-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
Uruguay
Sector
Agribusiness
Status
Completed
Disclosed date
N/A
Projected date at which a project will be put forward for the Board of Executive Directors’ approval.
Projected board date
N/A
Approval date
05/21/2015
Signed date
09/07/2015
Sponsoring entity
N/A
Investment Operations Department Contact
Portfolio Management Division
Investment type
Syndicated amount
N/A
Financing amount
USD $ 230,000
Currency
USD
Project scope and objective
The IIC loan of US$230,000 will enable Las Maravillas Sociedad Agropecuaria to refinance its short-term debt, thereby improving its financial matching and freeing up permanent working capital. Las Maravillas is a Uruguayan family business in the farming sector that manages a total of 2,300 hectares. Its main focus is rice cultivation and livestock.
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Contact information
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Client Contact
N/A
PHONE NUMBER
N/A
POST OFFICE ADDRESS
N/A
IDB Invest Contact
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 [email protected] 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 [email protected] or [email protected] 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 information requests about the project.
Request informationLearn more about how we provide private-sector solutions in the region .