Supporting Sustainable Agribusinesses in Costa Rica – Fund Provides $10 Million Loan to Banco Promerica

The Fund has disbursed $10 million to Banco Promerica, increasing access to finance for sustainable agricultural producers in Costa Rica. This new partnership aims to support sustainability-certified companies as well as small and medium-sized farmers implementing sustainable practices, ensuring the long-term competitiveness of the agribusiness sector. 

Costa Rica is committed to becoming the first carbon-neutral country in Latin America by 2050. Partnering with Banco Promerica, one of the most advanced financial institutions in the region with regards to sustainability, will mobilize capital towards environmentally and socially responsible projects in agriculture and the agricultural value chain.