Company name
Biggie
Project number
14901-01
Category B projects have potential environmental and/or social impacts and risks that are less adverse than those of a Category A and which are generally limited to the project site, largely reversible and can be mitigated via measures that are readily available and feasible to implement in the context of the operation.
E&S category
B
Country
Paraguay
Sector
Manufacturing
Status
Proposed
Disclosed date
10/31/2025
Projected date at which a project will be put forward for the Board of Executive Directors’ approval.
Projected board date
12/02/2025
Approval date
N/A
Signed date
N/A
Sponsoring entity
Biggie S.A.
Investment Operations Department Contact
Corporates Division
Investment type
Syndicated amount
N/A
Financing amount
USD $ 15,000,000
Currency
PYG
Project scope and objective
The proposed financing for BIGGIE S.A. consists of a six-year loan in local currency for an amount equivalent to up to US$15 million. Through this financing, we will support the company’s expansion with the construction of a new distribution center in the city of Capiatá, which is expected to increase efficiency in supplying existing retail stores and enable the expansion of new store locations.
Biggie S.A. (“Biggie” or the “Company”), commercially known as Biggie Express or Biggie PhFarma, was established in 2013 and is a leading convenience store chain in Paraguay, operating 24/7, 365 days a year. Currently, it has more than 277 stores located in strategic points in Asunción, Greater Asunción, and other cities in the interior, with plans to continue expanding within the country, and a workforce of more than 45,600 employees focused on meeting customer needs and creating a positive shopping experience.
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Contact information
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Client Contact
PHONE NUMBER
+595981400469
POST OFFICE ADDRESS
San Benigno Nro.880, e/ Ntra. Sra. del Carmen y Federación Rusa
IDB Invest Contact
PHONE
+1(202)-566-4566
ADDRESS
1350 New York Ave NW, Washington, DC 20005
COUNTRY OFFICES
IDB Invest Country OfficesIndividuals or communities can submit complaints and concerns related to environmental, social, or corporate governance issues to the Management Grievance Mechanism by e-mailing [email protected] or by calling +1 202 312 4040.
As a last resort, affected communities have access to the IDB Invest Independent Consultation and Investigation Mechanism by writing to [email protected] or [email protected] or calling +1(202) 623-3952.
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For information requests about the project.
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Environmental and social review
IDB Invest conducts an environmental and social due diligence (ESDD) commensurate with the nature, scale, and stage of the project, and with its level of environmental and social risks and impacts. The ESDD will confirm the project E&S categorization and assess the project with respect to the client requirements in IDB Invest Environmental and Social Sustainability Policy. The results of the ESDD, including any identified gaps are described in the Environmental and Social Review Summary (ESRS) provided below. For projects approved as of 2016, any gaps with respect to IDB Invest's Environmental and Social Sustainability Policy at the time of the ESDD are addressed in the Environmental and Social Action Plan (ESAP) presented below, to comply with the date mentioned above.
BIGGIE - RESUMEN DE LA REVISIÓN AMBIENTAL Y SOCIAL (RRAS O ESRS)
266.2 Kb
BIGGIE - ENVIRONMENTAL AND SOCIAL ACTION PLAN (ESAP)
133.1 Kb