Company name
CMI Alimentos Global S.L. sus subsidiarias en Centroamérica
Project number
14030-01
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
Regional
Sector
Agribusiness
Status
In implementation
Disclosed date
11/11/2022
Projected date at which a project will be put forward for the Board of Executive Directors’ approval.
Projected board date
12/14/2022
Approval date
12/14/2022
Signed date
12/19/2022
Sponsoring entity
N/A
Investment Operations Department Contact
Portfolio Management Division
Investment type
Syndicated amount
N/A
Financing amount
USD $ 50,000,000
Currency
USD
Project scope and objective
El financiamiento propuesto a CMI Alimentos, uno de los principales grupos de alimentos y agronegocios en Centroamérica, consiste en: (i) un préstamo revolvente comprometido a los Prestatarios por hasta US$40 millones, para asegurar su liquidez de corto y mediano plazo, financiando sus necesidades de capital de trabajo (el “Préstamo de CT”); y (ii) una línea de importaciones no comprometida revolvente a los Prestatarios por hasta US$10 millones, para compra de granos considerando el crecimiento de sus operaciones y el alza en precio de los granos (la “Línea de Importaciones” y en conjunto con el Préstamo de CT, el “Financiamiento”). Los objetivos de desarrollo del Financiamiento incluyen: (i) incrementar la producción de alimentos, protegiendo el suministro de alimentos en los mercados domésticos; (ii) fortalecer los vínculos de mercado con la cadena de suministro regional; y (iii) apoyar el empleo, incluyendo en zonas de elevada pobreza.
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Contact information
For inquiries, comments and information requests about the project
Request informationAlternatively, you may also use the following contact information :
Client Contact
alvaro.carrera@somoscmi.com
PHONE NUMBER
+502 2377-0200
POST OFFICE ADDRESS
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 OfficesIndividuals or communities can submit complaints and concerns related to environmental, social, or corporate governance issues to the Management Grievance Mechanism by e-mailing mgm@iadb.org 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 mecanismo@iadb.org or MICI@iadb.org or calling +1(292) 623-3952.
IDB Invest has zero tolerance to reprisal or retaliation against anybody who voices its opinion or opposition to IDB Invest-financed projects.
For 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.
CMI ALIMENTOS III-RESUMEN DE LA REVISION AMBIENTAL Y SOCIAL (RRAS O ESRS)
706.6 Kb
CMI ALIMENTOS III-PLAN DE ACCION AMBIENTAL Y SOCIAL (PAAS O ESAP)
368.6 Kb