Project detail - AGRI EXIM GLOBAL PHILIPPINES INC

AGRI EXIM GLOBAL PHILIPPINES INC

Status: Proposed investment
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Why disclosure?

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

In case of questions

We welcome feedback on this proposed investment opportunity for FMO. The ending of the proposed investment phase is indicated on the right side of this page. In case of questions, please contact us at disclosure@fmo.nl

Disclaimer

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 prospective customer?

Agri Exim Global Philippines Inc. (“Agi Exim”) is a producer of certified-organic coconut products based in the Philippines. The company, established in 2014, is part of the Suminter India Organics Group and sources coconuts from more than 6,000 smallholder farmers. Its products are sold in international food and beverage markets.

What is our funding objective?

FMO is considering a USD 20 million financing package, comprising a USD 10 million committed long-term capex facility and a USD 10 million uncommitted working capital facility. The financing will support the expansion of Agri Exim Philippines' coconut processing operations, including the installation of additional coconut processing and filling lines, construction of a biochar facility and development of a solar power installation. The funding will also support working capital requirements related to the company's growing coconut sourcing operations. The investment is expected to strengthen market access and create income opportunities for thousands of smallholder farmers participating in the company's supply chain.

Why do we want to fund this investment?

FMO's financing will help Agri Exim expand its sustainable coconut value chain following a long-term offtake agreement with Vita Coco, a leading coconut water brand. The transaction addresses a financing gap by providing long-term funding for expansion and working capital needs. The investment is expected to support job creation, expand the company's network of smallholder farmers, and promote climate-smart agricultural practices. The transaction is potentially eligible for both the FMO Green Label and Reducing Inequalities Label, subject to final confirmation of eligibility.

What is the Environmental and Social categorization rationale?

This concerns an Environmental and Social Category B+ investment. Key E&S risks relate to coconut sourcing and processing activities, including biodiversity and deforestation risks, labor and working conditions in the supply chain, resource efficiency, waste management, and greenhouse gas emissions. Climate-related risks are significant given the Philippines' exposure to typhoons, flooding and droughts. The investment is expected to trigger IFC Performance Standards PS1-PS4 and PS6, while the applicability of PS7 is being assessed during due diligence. Agri Exim has implemented risk-management measures including certification programs, supplier engagement, traceability systems and an Environmental and Social Management System. An Environmental and Social Action Plan will form part of the financing package.

Website customer/investment
https://agrieximorganic.com/
Region
Asia
Country
Philippines
Sector
Agribusiness, Food & Forestry
Publication date
8/12/2026
Deadline for feedback
10/11/2026
Total FMO financing
USD 10.00 MLN
Funding
LUF
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+