IFC TO FUND COLOMBIAN DAIRY PRODUCER
September 1st, 2010
BY EMMA JACKSON
THE INTERNATIONAL Finance Corporation (IFC) has promised US dollar USD20 million in financing to Alquería, a leading dairy producer in Colombia, to help it expand into Colombia's low-income and remote consumer markets.
The IFC has offered USD15 million as a senior loan as well as USD5 million in equity to modernise the dairy producer's facilities, improve efficiency and develop new affordable, highly nutritious children's dairy products. In an effort make nutritious dairy products accessible for remote populations, the company plans to expand ...
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