Company name
Distribuidora de Carnes Zamora S.A.
Project number
CR3890A-01
N/A
E&S category
N/A
Country
Costa Rica
Sector
Manufacturing
Status
In implementation
Disclosed date
05/14/2008
Projected date at which a project will be put forward for the Board of Executive Directors’ approval.
Projected board date
06/17/2008
Approval date
07/15/2008
Signed date
N/A
Sponsoring entity
N/A
Investment Operations Department Contact
N/A
Investment type
Syndicated amount
USD $ 600,000
Financing amount
USD $ 1,100,000
Currency
USD
Project scope and objective
Distribuidora de Carnes Zamora S.A. processes and distributes high-value-added pork products. It has been in business since 1995 and sells both on the domestic market and internationally. The company is the only pork processor in Costa Rica certified to export to Asia. It recently completed the vertical integration of its operations by taking over the management of two pig farms, thereby ensuring its supply of quality raw material.
IIC involvement in the Distribuidora de Carnes Zamora project has two major benefits. First, the loan will increase the company’s permanent working capital by helping it refinance short-term debt into long-term debt. The company will also be able to purchase new machinery and equipment to improve its processing plant infrastructure and production processes.
In addition, as a complement to the FINPYME program that the company registered for last year, Carnes Zamora will receive technical assistance for implementing ISO 9000 and 22000 quality standards.
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
46.5 Kb