Company name
LAR S.R.L.
Project number
13654-01
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
Agribusiness
Status
Proposed
Disclosed date
06/22/2022
Projected date at which a project will be put forward for the Board of Executive Directors’ approval.
Projected board date
08/22/2022
Approval date
N/A
Signed date
N/A
Sponsoring entity
N/A
Team leader
Veiga Perez, Matias Angel
Investment type
Syndicated amount
N/A
Financing amount
USD $ 10,000,000
Currency
USD
Project scope and objective
El financiamiento propuesto consiste en una línea de crédito anual revolvente comprometida a LAR S.R.L. por hasta US$10 millones, con un plazo de hasta 39 meses. La empresa utilizará dichos fondos para la compra de agroinsumos que posteriormente venderá y financiará a productores con plazos de hasta 390 días, buscando sustituir líneas de crédito de proveedores que hoy otorgan menores plazos.
LAR S.R.L. es una de las principales empresas de distribución de insumos agrícolas en Paraguay, prestando además los servicios de asistencia técnica a los productores, y en la compra, acopio y venta de granos.
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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
CONTACT NAME
Ramon Torres
POSITION
Gerente Financiero
PHONE NUMBER
+595 983 628668
ramon@lar.com.py
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.
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.
LAR PARAGUAY - RESUMEN DE LA REVISIÓN AMBIENTAL Y SOCIAL (RRAS O ESRS)
286.7 Kb
LAR PARAGUAY - PLAN DE ACCIÓN AMBIENTAL Y SOCIAL (PAAS O ESAP)
92.2 Kb