Company name
Tahuamanu S.A.
Project number
BO1023C-01
N/A
E&S category
N/A
Country
Bolivia
Sector
Agribusiness
Status
Inactive
Disclosed date
03/11/2004
Projected date at which a project will be put forward for the Board of Executive Directors’ approval.
Projected board date
04/28/2004
Approval date
04/28/2004
Signed date
N/A
Sponsoring entity
N/A
Investment Operations Department Contact
N/A
Investment type
Syndicated amount
N/A
Financing amount
N/A
Currency
USD
Project scope and objective
In 1994, the IIC approved a US$1.6 million loan to Tahuamanu S.A., with final maturity 10/15/04, with the objective of financing the company's first industrial plant for processing Brazil Nuts. The project was implemented successfully and the company outperformed the production and sales targets agreed on the project.
The purpose of this project is to provide financing to Tahuamanu for completion of its investment program aiming at:
- obtaining HACCP certification, which will enable it to be deemed a reliable supplier to the food industry in the USA, Canada and European countries; and
- increase its production capacity from 135,000 boxes of Brazil Nuts per year to 180,000 boxes per year.
The project calls for investments in civil works, machinery and equipment.
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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
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(292) 623-3952.
For inquiries, comments and information requests about the project
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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.
ENVIRONMENTAL AND SOCIAL REVIEW
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