IFC supports green agriculture in Chile with Copeval investment

The International Finance Corporation is granting a long-term loan of up to $25 million to Copeval, a leading agricultural inputs distributor in Chile, to support the company in continuing to provide financing to farmers across the country.

IFC's investment will support Copeval to offer financing to its network of farmers to cover their pre-harvest working capital needs for inputs and services, at a time when available financing has been impacted by the COVID-19 pandemic. The company offers a "one-stop shop" to farmers, providing agrochemicals, fertilizers, seeds, agricultural machinery, irrigation equipment, intermediation and logistics services, fuel, animal feed, technical assistance and training.