IFC HELPS FUND AGRIBUSINESS FIRMS.(Latin American Agribusiness Development Corp. to receive $20 million from the International Finance Corp.)(Brief Article)

0 Comments | Caribbean Update, March, 2002

The International Finance Corp.(IFC), the private sector arm of the World Bank Group, on Feb. 11 signed an agreement with the Latin American Agribusiness Development Corp.(LAAD) to provide a US$20 million credit line that will help fund small and medium export agribusiness firms in the region. LAAD is headquartered in Miami, with regional offices in Costa Rica, Guatemala, Honduras, Chile, Bolivia, Ecuador and the Dominican Republic. Some loans will be as low as US$250,000. Details: Oscar Alvarez, Chief Financial Officer, LAAD. Tel: (305)445-1341. Email:oscar@laadsa.com. And, Adriana Gomez,IFC. Tel: (202) 458-5204. Fax:(202) 974-4384. E-mail: agomez@ifc.org

Copyright 2002

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