Company name

Tienda Amiga ER S.A.

Project number

13059-02

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
tooltip

C

Country

Bolivia

Sector

Manufacturing

Status

In implementation

Disclosed date

08/10/2021

Projected date at which a project will be put forward for the Board of Executive Directors’ approval.

Projected board date
tooltip

12/07/2021

Approval date

12/07/2021

Signed date

12/24/2021

Sponsoring entity

N/A

Team leader

Pun, Zoila

Investment type

Syndicated amount

N/A

Financing amount

USD $ 5,000,000

Currency

USD

Project scope and objective

This transaction consists of a revolving uncommitted credit line for Tienda Amiga ER S.A. (“Tienda Amiga” or the “Company”) in Bolivia for up to USD 5 million which IDB Invest would disburse in a maximum of 360 days; the funds will be used to import durable goods for home use, home appliances and other electronics from foreign suppliers.

 

The Project seeks to offer a working capital solution that is unattended in the Bolivian market, and which will allow Tienda Amiga to finance their imports, while strengthening their supply chain and moving forward with their growth plans. This would be IDB Invest’s first transaction with the Company, and its first intervention in the modern retail sector in Bolivia in the last few years.

For inquiries, comments and information requests about the project

Request information

Learn more about how we provide private-sector solutions in the region.

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.

TIENDA AMIGA-ENVIRONMENTAL AND SOCIAL REVIEW SUMMARY (ESRS)

174.1 Kb

TIENDA AMIGA -ENVIRONMENTAL AND SOCIAL ACTION PLAN (ESAP)

174.1 Kb

For inquiries, comments and information requests about the project

Request information

Learn more about how we provide private-sector solutions in the region.

Contact information

For inquiries, comments and information requests about the project

Request information

Alternatively, you may also use the following contact information:

Client Contact

CONTACT NAME

Emanuel Roca Vaca

POSITION

General Manager

PHONE NUMBER

+591 3 3435000

EMAIL

emanuel.roca@tiendaamiga.com.bo

IDB Invest Contact

EMAIL

requestinformation@idbinvest.org

PHONE

+1(202)-566-4566

ADDRESS

1350 New York Ave NW, Washington, DC 20005

COUNTRY OFFICES

IDB Invest Country Offices

For inquiries, comments and information requests about the project

Request information

Learn more about how we provide private-sector solutions in the region.