PROJECT

Projects

Summary of Investment Information

Project Number

50045

Company Name

MFP-BOP Tarfin ABL Trust

Date SPI Disclosed

May 23, 2025

Country

Turkiye

Region

Central Asia and Turkiye

Projected Board Date

Jun 30, 2025

Environmental Category

FI-3 - No Impact

Status

Hold

Last Updated Date

Feb 6, 2026

Department

Regional Industry FIG MCT

Industry

Financial Markets

Previous Events

Approved : Jun 27, 2025

Sector

Finance Companies

Project Description

 

The proposed investment consists of an up to US$25 million senior secured financing equivalent in Turkish Lira (TL) to a special purpose vehicle (the “Trust”) serviced by Tarfin Tarim S.A. (“Tarfin” or the “Company”). The Trust will acquire short-term working capital receivables originated by Tarfin to small holder farmers in Türkiye. Those assets are expected to be the only source of repayment for the IFC financing (the Project).

                                                   

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation