Company name
Café Soluble, S.A.
Project number
NI1017A-02
N/A
E&S category
N/A
Country
Nicaragua
Sector
Manufacturing
Status
Inactive
Disclosed date
04/02/2009
Projected date at which a project will be put forward for the Board of Executive Directors’ approval.
Projected board date
05/05/2009
Approval date
06/09/2009
Signed date
01/25/2010
Sponsoring entity
N/A
Investment Operations Department Contact
N/A
Investment type
Syndicated amount
USD $ 2,580,000
Financing amount
USD $ 3,000,000
Currency
USD
Project scope and objective
This operation consists of a loan to Café Soluble, S.A. (CSSA), a Nicaraguan company that produces and packs roasted ground coffee and instant powdered beverages. CSSA also distributes and markets its own products and products manufactured by other Nicaraguan and foreign companies. The US$3 million loan will enable the company to improve its operating and distribution efficiency and implement new product lines. This is the IIC’s third operation with the company.
For inquiries, comments and information requests about the project
Request informationLearn more about how we provide private-sector solutions in the region .
Contact information
For inquiries, comments and information requests about the project
Request informationAlternatively, you may also use the following contact information :
Client Contact
N/A
PHONE NUMBER
N/A
POST OFFICE ADDRESS
N/A
IDB Invest Contact
requestinformation@idbinvest.org
PHONE
+1(202)-566-4566
ADDRESS
1350 New York Ave NW, Washington, DC 20005
COUNTRY OFFICES
IDB Invest Country OfficesFor inquiries, comments and information requests about the project
Request informationLearn more about how we provide private-sector solutions in the region .
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.
ENVIRONMENTAL AND SOCIAL REVIEW
48.1 Kb