PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

600321

Primary Business Area

Sustainable Business Advisory

Disclosure Date

Jun 25, 2014

Country

Nicaragua

Region

Latin America and the Caribbean

IFC Approval Date

May 28, 2014

Status

Completed

Estimated Total Budget

$779,471.00
(Project budget includes all project-funded activities)

Last Updated Date

May 4, 2024

Project Estimated End Date

Jun 30, 2016

Project Description

IFC will support Ecom Agroindustrial Ltd. to improve internal capacity to effectively manage long-term credit and provide agronomic technical assistance to producers in Nicaragua. To successfully ensure that Ecom has the appropriate personnel and assistance package in place, IFC Advisory Services will help develop the technical assistance support plan for engagement with producers, as well as an employee training and accreditation program. Alongside the agronomic activities IFC will provide support to refine long term credit procedures and practices. Additionally, the project will strengthen producer communications on the benefits and requirements of farm renovation using an integrated farm management approach.

Development Results

E&S Risks / Impacts and Mitigation