Project detail - MIRO FORESTRY DEVELOPMENTS LIMITED

MIRO FORESTRY DEVELOPMENTS LIMITED

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Who is our client

Miro Forestry & Timber Products is a triple bottom line plantation forestry business with operations in Ghana and Sierra Leone. The company's mission is to develop and operate globally high-quality and cost competitive commercial forestry whilst providing environmental, social, and economic benefit to local communities.

Funding objective

This project will address strategic priorities related to strengthening Miro's human resources management, with a gender lens. Aim is to source new recruits from Field Ready's vetted pool, specifically for the 40 new positions on the industrial site with a gender profile of 50% women, as well as to develop a mentoring programme targeted towards female employees.

Why we fund this project

Gender, including FMO's support to knowledge development and integration of key gender issue, is a strategic theme linked to E&S risk management.

More investments

Date Total FMO financing
8/28/2020 EUR 0.10 MLN
5/20/2020 USD 10.48 MLN
5/20/2020 USD 5.00 MLN
2/7/2020 USD 1.04 MLN
12/18/2018 EUR 0.20 MLN
11/19/2018 USD 12.60 MLN
Region
Africa
Country
Ghana
Sector
Agribusiness, Food & Water
Signing date
12/6/2021
Total FMO financing
EUR 0.03 MLN
Fund
FMO
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+