PROJECT

Projects

Summary of Investment Information

Project Number

40605

Company Name

AGRIHOLD MANAGEMENT CORP

Date SPI Disclosed

Apr 27, 2018

Country

Paraguay

Region

Latin America and the Caribbean

Projected Board Date

May 30, 2018

Environmental Category

B - Limited

Status

Completed

Last Updated Date

Sep 15, 2021

Department

Regional Industry MAS LAC & EUR

Industry

Agribusiness and Forestry

Previous Events

Approved : May 30, 2018
Signed : May 31, 2018
Invested : Aug 7, 2018

Sector

Other

Project Description

 Agrotec S.A. (“Agrotec” or “the Company”) is one of Paraguay’s leading crop input distributor and agronomy services company operating since 1990. Agrotec offers a “one-stop shop” to more than 800 client farmers, providing seeds, fertilizers, agrochemicals, technical support, storage and logistic services, pre-harvest financing, as well as commercialization of the grains of its farmer client base. The Company’s strategy is to develop strong relationships with farmers providing integral agronomic services from sowing planning and advice, through the provision of seeds, nutrition integration and crop protection. Agrotec operates 13 Regional Distribution Centers (“RDCs”), including its headquarters in Ciudad del Este. They are located near the major crop regions of Paraguay to guarantee a rapid delivery of inputs and efficient customer service to its clients.

The Project consists of providing Agrotec an up to $20 million one year loan facility (the “Facility”) with up to four renewable tranches, and a long term facility of up to US$5 million to support the working capital needs of the Company.

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation