IFC funds farm loans in Chile

IFC funds farm loans in Chile

Debt Loans World Bank Coronavirus Chile United States

The International Finance Corporation (IFC), part of the World Bank Group, said Wednesday that it granted $25 million in long-term financing for Chile's Copeval to provide pre-harvest working capital loans to farmers during the COVID-19 pandemic. Copeval is one of the leading agricultural input companies in Chile and reaches 37,000 farmers through 24 branches and distribution centers. It offers agrochemicals, fertilizers, seeds, machinery, irrigation equipment, intermediation and logistics servi

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