Company name
Total Artefactos S.A. (“TASA”)
Project number
PE3933A-01
N/A
E&S category
N/A
Country
Peru
Sector
Manufacturing
Status
Completed
Disclosed date
09/06/2012
Projected date at which a project will be put forward for the Board of Executive Directors’ approval.
Projected board date
10/09/2012
Approval date
11/06/2012
Signed date
N/A
Sponsoring entity
Not applicable
Investment Operations Department Contact
N/A
Investment type
Syndicated amount
USD $ 2,500,000
Financing amount
USD $ 4,500,000
Currency
N/A
Project scope and objective
The main business activity of Total Artefactos S.A. (TASA) is retail sales of household appliances and other items in Peru under the La Curacao trademark. The company has 1,760 employees and is one of the country’s leading electrical appliance retailers, with 90 stores nationwide.
The IIC financing of up to US$4.5 million will be used to expand TASA’s chain of retail establishments in medium-sized cities outside of greater Lima.
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 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.
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.
ENVIRONMENTAL AND SOCIAL REVIEW
46.3 Kb