The Company is owned by the Bakker and Gerritsen families of Ecuador and the Gutierrez and Bosch families of Guatemala                                                 

   The proposed IFC investment consists of an up to US$50 million A Loan.                                                

   The Company’s production facilities and farms are located across ten provinces in Ecuador.                   

This is a Category B project according to IFC’s 2012 Policy on Environmental and Social Sustainability. E&S risks and impacts from Category B project are limited, site-specific, and can be readily addressed through generally accepted mitigation measures described in this document and the attached E&S Action Plan (ESAP). This categorization is aligned with similar type of projects within this sector. Key E&S risks and impacts from this project are: (i) existence, consistency and implementation effectiveness of EHS management across all  Pronaca’s operations; (ii) HR/OHS management practices with respect to OHS, including COVID-19 contingency measures (especially at the slaughterhouses); (iii) safety management of ammonia refrigeration systems; (iv) review of biosecurity, animal welfare and use of antibiotics and food safety management system; and (v) proactive stakeholder engagement.

The WBG General and Sector-Specific EHS Guidelines (Mammalian Livestock/Poultry Production, Meat/Poultry Processing), and IFC’s Good Practice Note (GPN) on Improving Animal Welfare in Livestock Operations are applicable to this investment.