Project detail - MORINGA S.C.A. SICAR

MORINGA S.C.A. SICAR

Status: Approved investment
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Disclaimer

The information as disclosed is indicative and provided on an "as-is/as available" basis for general informational purposes only and should not be construed as financial, legal or investment advice, nor as a commitment or an offer to arrange or provide any financing. The final decision to provide financing is subject to the terms and conditions of FMO in its sole and absolute discretion. When providing links to other sites, FMO bears no responsibility for the accuracy, legality or content of the external site or for that of subsequent links. The information on proposed investment for high-risk investments is made available in the language relevant to the country or region where the bulk of operations take place. Translations of any information into languages other than English are intended as a convenience for local stakeholders. In case of any discrepancy, the information provided in English will prevail.

Who is our customer

Moringa S.C.A. is a fund that invests in agroforestry projects in Latin America and Africa. It combines forestry activities (timber, industrial tree crops or fruit trees) with cattle ranging and food crops. With the help of tree planting, sometimes in combination with crops, nutrients can be added to the land, thereby making depleted land fertile again.

What is our funding objective?

FMO's investment is intended to support this highly innovative fund manager, and facilitate investments in projects with positive environmental and social impacts.

Why do we fund this investment?

This is a highly innovative fund focusing on what is essentially a new business concept (agro forestry is not yet commercially proven on a large scale) and therefore needs to build positive track record for it to become attractive for other investors. FMO can play a front running role by financing such an innovative fund and providing support to increase attention on the sector.

Country
Global
Sector
Infrastructure, Manufacturing and Services
Effective date
8/9/2013
Total FMO financing
EUR 7.50 MLN
Funding
Building Prospects
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)
A