Company name

CAMSA INDUSTRIA Y COMERCIO S.A.

Project number

14036-01

Category C projects are those that are likely to result in very limited or no adverse environmental or social impacts or risks.

E&S category
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C

Country

Bolivia

Sector

Manufacturing

Status

Proposed

Disclosed date

09/02/2022

Projected date at which a project will be put forward for the Board of Executive Directors’ approval.

Projected board date
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12/16/2022

Approval date

N/A

Signed date

N/A

Sponsoring entity

N/A

Team leader

Canelas, Alejandro

Investment type

Syndicated amount

N/A

Financing amount

USD $ 5,000,000

Currency

USD

Project scope and objective

CAMSA Industria y Comercio S.A. (“CAMSA” or the “Company”) has been in business for more than 30 years and is a major player in the Bolivian wholesale trade sector. The Company holds a diversified portfolio with four main lines of business: automotive, household appliances and electronics, pharmaceuticals, and consumer goods. It also has a significant presence across the country with nine operating centers scattered among the departments of La Paz, Cochabamba, Tarija, and Santa Cruz.

 

IDB Invest will structure an uncommitted revolving line of credit to finance the Company's working capital requirements for up to US$5 million, with disbursements in terms of up to 390 days. The project is intended to provide a comprehensive working capital solution that will enable CAMSA to improve efficiency in its existing operations, strengthen its supply chain, and continue with its growth plan.

 

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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.

CAMSA ENVIRONMENTAL AND SOCIAL REVIEW SUMMARY (ESRS)

204.8 Kb

CAMSA ENVIRONMENTAL AND SOCIAL ACTION PLAN (ESAP)

174.1 Kb

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Contact information

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Alternatively, you may also use the following contact information:

Client Contact

CONTACT NAME

Alan Camhi

POSITION

Administration and Finance Manager

PHONE NUMBER

+591 72164000

EMAIL

camsa@camsa.com.bo

IDB Invest Contact

EMAIL

requestinformation@idbinvest.org

PHONE

+1(202)-566-4566

ADDRESS

1350 New York Ave NW, Washington, DC 20005

COUNTRY OFFICES

IDB Invest Country Offices

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