Company name

Viru S.A.

Project number

13487-02

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.

E&S category
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B

Country

Peru

Sector

Agribusiness

Status

Proposed

Disclosed date

11/12/2021

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

Projected board date
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12/14/2021

Approval date

N/A

Signed date

N/A

Sponsoring entity

Virú S.A.

Team leader

Narvaez, Carlos Eduardo

Investment type

Syndicated amount

N/A

Financing amount

USD $ 20,000,000

Currency

USD

Project scope and objective

Consiste en una línea de crédito comprometida hasta por US$20 millones para uso en capital de trabajo del cultivo de alcachofa (la “Facilidad”) de Virú S.A. (“Virú o la “Compañía”), especialmente estructurada para cubrir el ciclo de conversión de caja de la producción y venta del cultivo por los próximos tres años, para asegurar el crecimiento y sostenibilidad de los productos de valor agregado de alcachofa que exporta Virú. El objetivo de la transacción es el fortalecimiento de los eslabonamientos de su cadena de valor, lo cual permitirá a la Compañía aumentar las exportaciones de alcachofa procesada y la integración de más de 50 productores nuevos.

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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. Any gaps with respect to the IDB Invest Sustainability Policy at the time of the ESDD are addressed in the Environmental and Social Action Plan (ESAP) provided below.

VIRÚ SA - RESUMEN DE LA REVISIÓN AMBIENTAL Y SOCIAL (RRAS O ESRS) NOV

297.0 Kb

VIRÚ SA - PLAN DE ACCIÓN AMBIENTAL Y SOCIAL (PAAS) NOV

102.4 Kb

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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

Capital Humano y Asuntos

POSITION

Capital Humano y Asuntos

PHONE NUMBER

+51 44 484040

EMAIL

viru@viru.com.pe

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