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
USD $ 15,000,000
Project scope and objective
Tecnomyl produces and markets agricultural inputs, with a strong focus on soybean cultivation. The proposed financing consists of a four-year committed revolving credit facility, under which IDB Invest will extend financing to Tecnomyl in terms of up to 360 days for the purchase of agricultural inputs from suppliers.
The Project is intended to replace credit facilities with suppliers, increasing fund stability and minimizing the risk of mismatched terms between suppliers and clients.
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IDB Invest Contact
1350 New York Ave NW, Washington, DC 20005