Fruits and Vegetables

Investing in the fruit and vegetables subsector can have significant development impact. Creating new or better opportunities for cash crops, improving crop diversity and income security, generating export opportunities and foreign exchange earnings are just a few examples. What’s more, investments in this subsector create employment opportunities throughout the supply chain, as new skills are developed and new and improved technology is introduced.

As of June 30, 2008, IFC's portfolio in this sector was $132 million or 6% of IFC's total agribusiness portfolio.


Project Examples

Ecuador Loans: $73 million Equity: $5 million Acquisition of plantations; expansion and consolidation of industrial and services capacity Committed: 1999, 2003, 2007		Guatemala Frutera del Pacifico Loan: $7 million Banana plantation development Committed: 2000
Argentina S.A. San Miguel Loan: $12 million Expansion of fruit processing and packaging facilities, acquisition and rehabilitation of orchards, acquisition of agricultural equipment Committed: 1999