2026.02.16
On December 4, through the Trust Fund Achieving Development in Latin America and the Caribbean (TADAC*) invested by the Japan International Cooperation Agency (JICA), the Inter-American Development Bank’s investment arm (IDB Invest) signed a loan agreement with Camposol S.A. (Camposol), specializing in the production, processing, and export of high-quality fresh fruits in the Republic of Peru and other countries in Latin America. Camposol produces blueberries and avocados and exports its products to the world including Japan.
IDB Invest is providing Camposol with a total loan of USD 140 million, of which USD 50 million comes from TADAC. The transaction also includes mobilization of additional resources from International Finance Corporation (IFC) and Rabobank, along with local financing from Peruvian commercial banks, bringing the total financing package to approximately USD 400 million.
(*Note)
JICA invests up to USD1.5billion in the Trust Fund Achieving Development of Latin America and the Caribbean (TADAC). The Fund is established within IDB, the largest development finance institution in Latin America and the Caribbean region, and managed by IDB Invest, the private sector investment arm of the IDB Group. TADAC will co-finance with IDB Invest to support private sector initiatives that contribute to the achievement of the SDGs. This investment aims to reduce the SDGs financing gap in the region, thereby contributing to its sustainable socioeconomic development.
Camposol’s avocados supply chain
The project outline is explained below.
- Borrower
Camposol S.A. (Camposol)
- Country (Target Areas)
Republic of Peru (La Libertad Department)
- Loan Amount
50 million USD
- Project Title
Sustainable Agro-industrial Investments in Peru
- Project Purpose
The project aims to contribute to strengthening agricultural efficiency and high-value production in the La Libertad department of the Republic of Peru by supporting varietal renewal and production capacity enhancement for blueberries and avocados through long-term financing to Camposol, thereby contributing to Peru’s export competitiveness, foreign currency earnings, job creation in rural areas, and enhanced resilience to climate change.
- Project Component
The financing for this project will be used for Camposol’s planned investments in blueberry and avocado operations in La Libertad, including varietal renewal, production facility upgrades, and working capital. Furthermore, the project will promote climate-resilient agricultural practices and improved resource-use efficiency through the introduction of irrigation and water storage systems as well as solar power facilities.
- Contribution to SDGs
Goal 9 (Industry, innovation and infrastructure)
Goal13 (Climate action)
Goal 17 (Partnerships for the goals)
- References
IDB Invest’s news release: Camposol Invests in Sustainable Agribusiness in Peru with Financing from IDB Invest, IFC, and Rabobank | IDB Invest
About TADAC： Signing of a Contribution Agreement for the Trust Fund Achieving Development of Latin America and the Caribbean (TADAC) (Private Sector Investment Finance): Supporting the realization of SDGs through private sector initiatives ｜ News＆Publication - JICA
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