Project detail - LAAD AMERICAS N.V.

LAAD AMERICAS N.V.

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Who is our client

Latin American Agriculture Development Corporation (LAAD) is a dedicated agricultural small and medium enterprise (SME) bank with a 42-year positive track record in financing SME-agribusinesses throughout Latin America. LAAD finances private agribusiness projects involving all phases of production, processing, storage, services, technology and marketing in the fields of agriculture, livestock, forestry and fishing.

Funding objective

FMO’s long-term financing will enable LAAD to further increase their loan portfolio while improving the maturity-profile of LAAD’s funding.

Why we fund this project

FMO's loan creates access to long-term financing for agricultural SMEs that would otherwise not be able to obtain it from commercial banks. In offering these financial services, LAAD enables SMEs to create impact and to successfully compete with their larger competitors.

More investments

Date Total FMO financing
7/16/2020 USD 48.00 MLN
7/16/2020 USD 4.00 MLN
3/18/2016 USD 22.00 MLN
Website client
http://www.laadsa.com
Region
Latin America & The Caribbean
Country
Latin America & The Caribbean
Sector
Financial Institutions
Signing date
5/31/2013
Total FMO financing
USD 25.00 MLN
Fund
FMO
Risk categorization on environmental and social impacts, A = high risk, B+ = medium high risk, B = medium risk, C = low risk Environmental & Social Category
(A, B+, B or C)
B