41632
BIOVANILLA SARLU
May 21, 2019
Madagascar
Africa
Jun 25, 2019
B - Limited
Active
May 5, 2024
Regional Industry - MAS ME & Africa
Agribusiness and Forestry
Approved : Oct 10, 2019
Signed : Dec 6, 2019
Invested : Jan 27, 2020
Diversified Edible Agricultural Crops Production
Blended Finance
The Project is to provide an export pre-financing facility to BIOVANILLA SARLU (“Biovanilla”) for the purchasing and processing of vanilla beans for exports to international offtakers.
An Advisory Services engagement is associated to the Project and will aim to (i) Improve farmers’ business skills; (ii) Increase the business capacity management skills of cooperatives Biovanilla is working with, in terms of managerial and financial skills; (iii) Assist in upgrading Biovanilla food safety systems; and (iv) Provide the company with a road map to improve its corporate governance practices. The engagement is proposed to be co-funded by the Private Sector Window of the Global Agriculture and Food Security Program (GAFSP).
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Local Access of Project Documentation
Biovanilla, Rue du Commerce, Sambava, Madagascar