Who is our client
Agrofertil S.A is an agricultural inputs distributor covering the entire soybean producing area of Paraguay.
The project attends to three key aspects of the fight against COVID-19: (i) strengthening care in health centres, Agrofertil branch offices and silos, as well as in more remote areas through cooperation on inputs and biosafety elements, (ii) the implementation of an awareness campaign on preventive measures against COVID-19, and (iii) technical assistance for 90 families and their orchards for food self-sustenance.
Why we fund this project
With this COVID-19 Emergency Grant Facility the expected impact is the decrease in the risks related to the spread of the virus through higher awareness of employees and the community. In addition, FMO will support food security for the most vulnerable sectors through the production of food in a sustainable way.
|Date||Total FMO financing|
|6/26/2020||USD 7.50 MLN|
|6/26/2020||USD 10.50 MLN|
|12/5/2019||EUR 0.06 MLN|
|10/28/2016||USD 10.00 MLN|
- Latin America & The Caribbean
- Agribusiness, Food & Water
- Signing date
- Total FMO financing
- EUR 0.07 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)