PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

602223

Primary Business Area

Manufacturing, Agribusiness & Services

Disclosure Date

Feb 14, 2019

Country

Colombia

Region

Latin America and the Caribbean

IFC Approval Date

Mar 22, 2018

Status

Completed

Estimated Total Budget

$1,750,000.00
(Project budget includes all project-funded activities)

Last Updated Date

May 4, 2024

Project Estimated Start Date

Apr 2, 2018

Project Estimated End Date

Dec 31, 2022

Project Description

IFC, the client, and key stakeholders are joining forces to improve the low productivity of dairy producers in the Orinoquía region while introducing climate-smart agriculture practices into the dairy supply chain. To do this, the project will develop and execute a comprehensive strategy that encompasses the following approaches: • Sensible business models compatible to the needs of dairy farmers in the region; • Capacity building to strengthen the skills of dairy producers and extensionist agents; • Introduction of innovative agricultural practices that respond to the challenges of increasing climate volatility in the region; • Access to input/logistic finance for small and medium scale dairy producers. A key aspect of the project is to share gained knowledge with stakeholders in the private and public sector as the project moves forward.

Development Results

E&S Risks / Impacts and Mitigation