Status: Completed investment
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FMO is committed to making publicly available relevant investment information that informs stakeholders and enables them to engage directly with FMO on its investments which, in turn, enhances our investment decisions, the design and implementation of projects and policies, and strengthens development outcomes. Learn more

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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

CAGSA’s business is the origination of grain through the sale of inputs and services to agricultural producers. Through its network of 96 offices located in five provinces in Argentina, the company directly reaches 13,500 producers (23% of Argentine producers with 50% of productive hectares) and through the sale of inputs and services originates 9% of the total Argentine harvest. CAGSA is the second grain originator in Argentina and its access to producers distinguishes the company from other actors in the local market.

What is our funding objective?

FMOs USD 100 million syndicated pre-export A/B Loan will be used to finance the company’s working capital needs related to its farmer financing and export activities.

Why do we fund this investment?

CAGSA is a key player in the Argentinean agribusiness sector that reaches directly 13,500 farmers in the country with inputs and services. CAGSA has grown from a company of 140 employees in 2001 to 1400 employees in 2014. Thanks to their extensive in-land network and direct relationships with farmers CAGSA has a unique market position and plays an important role in the value chain. CAGSA’s role as a grain originator connecting producers with world markets strongly fits FMO's goals of optimizing agribusiness value chains.

Website customer/investment
Latin America & The Caribbean
Agribusiness, Food & Water
Effective date
End date
Total FMO financing
USD 40.00 MLN
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)