PROJECT

Projects

Summary of Investment Information

Project Number

51844

Company Name

Iroda Invest LLC

Date SPI Disclosed

Jul 2, 2026

Country

Tajikistan

Region

Central Asia and Turkiye

Projected Board Date

Jul 31, 2026

Environmental Category

B - Limited

Status

Pending Approval

Last Updated Date

Jul 2, 2026

Department

Regional Industry MAS MCT

Industry

Agribusiness and Forestry

Sector

Grain Processing (Milling, Starch, Flour, Malt)

Additional Project Attributes

Blended Finance

Project Description

The proposed IFC's financing consists of a senior secured Tajik Somoni (TJS)-denominated financing package of up to US$15 million equivalent (the IFC Financing) to Iroda Invest LLC (Iroda or the Company). Established in 2024, Iroda is a flour milling and oil bottling company in Tajikistanand is part of the Farovon Group (Farovon or the Group) - Tajikistan's largest integrated food producer. The IFC Financing will support Iroda's investment program which includes flour mills, oil bottling facilities, storage and associated working capital. The project is expected to be supported by the IDA21 Private Sector Window Local Currency Facility (PSW LCF) as described in the Blended Finance Section.

Associated Advisory Engagement

IFC is considering the following advisory services:

  1. Food Safety: Iroda received advisory support from IFC on food fortification and lean production. Additional advisory support on food safety and food loss and waste prevention is under consideration.
  2. Corporate Governance : IFC advisory team delivered a family governance diagnostic to Farovon. A follow-up CG advisory to further strengthen family governance and CG practices is being considered.

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation