Laad Sustainable Tender

Project Number
49769
Company Name
Latin American Agribusiness Development Corporation
Date SPI Disclosed
May 30, 2025
Country
Mexico
Region
Latin America and the Caribbean
Projected Board Date
Jul 15, 2025
Environmental Category
FI-2 - Limited
Status
Pending Approval
Last Updated Date
Department
Regional Industry MAS LAC & EUR
Industry
Financial Institutions
Sector
Other Non-Banking Financial Institution (NBFI)
Project Description
The proposed project consists of a senior financing package of up to US$160 million to Latin American Agribusiness Development Corp., (LAAD or the Company) an existing IFC client, to support its expansion to finance green and women-owned SME agribusinesses in Latin America. The financing is composed of an up to US$70 million A loan and an up to US$90 million B/Parallel loan mobilization.