Project detail - AGROVISION PERÚ S.A.C.

AGROVISION PERÚ S.A.C.

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Who is our client

Agrovision Corporation is an agricultural company established in Northern Peru in one of the poorest areas of the Chiclayo-Lambayeque district. The company is the largest employer in the region producing grapes, blueberries, avocados and asparagus.

Funding objective

The lack of access to basic resources in the local community of Morrope (declared as being in extreme poverty) such as water and energy for hygiene, and the lack of appropriate medical care could endanger the most vulnerable. For that reason, the following strategies will be implemented: 1. Information campaign to provide updated and objective information to the community of Morrope about recommendations on COVID-19, health plans of the Government, basic protocols to follow, self-protection, changes in social activities/way of life, updates on the pandemic in the Lambayeque Region, etc. 2. Support for the health centre of Morrope with equipment and materials to provide medical services to the community. 3. Donation of drinking water.

Why we fund this project

FMO supports this project because it will benefit the Morrope community in containing the spread of COVID-19, increasing food-water security and allowing business continuity.

More investments

Date Total FMO financing
4/22/2020 USD 15.00 MLN
Region
Latin America & The Caribbean
Country
Peru
Sector
Agribusiness, Food & Water
Signing date
9/30/2020
Total FMO financing
EUR 0.08 MLN
Fund
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)
B+