Who is our client
The company is Agrofértil S.A., one of Paraguay’s leading provider of agricultural inputs and agronomic services offering a one stop-shop for farmers that includes a pre-harvest finance, technical assistance, storage and commercialization of grains.
FMO will support the company in establishing family governance structures and processes that will allow the Sarabia family to set rules to govern the family and its interactions vis-à-vis the company. The objective of the funding is to engage a Family Governance expert who can work jointly with the family in the drafting of a Family Constitution, a family employment policy, and support in designing and operationalizing a Family Council and Family Assembly, as well as strengthening the functioning of the Board of Directors of Agrofértil.
Why we fund this project
To improve the risk profile of this FMO client and offer the company an added-value service which will have an impact on the sustainability of their company in the long-term and allow FMO to deepen the relationship with this client with home we expect to have repeated business.
|Date||Total FMO financing|
|10/22/2020||EUR 0.07 MLN|
|6/26/2020||EUR 15.00 MLN|
|6/26/2020||EUR 18.00 MLN|
|10/28/2016||USD 10.00 MLN|
- Latin America & The Caribbean
- Agribusiness, Food & Water
- Signing date
- Total FMO financing
- EUR 0.06 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)