Project ID: 60436

Bank of China provides USD 15 million loan to Monte Alegre Agricola Ltda.

Commitment amount

$ 16347746.21818015

Adjusted commitment amount

$ 16347746.21818015

Constant 2021 USD

Not recommended for aggregates

This project is not recommended for use in creating aggregated sums. See the documentation for more information about this criteria.

Summary

Funding agency [Type]

Bank of China (BOC) [State-owned Commercial Bank]

Recipient

Brazil

Sector

Agriculture, forestry, fishing (Code: 310)

Flow type

Loan

Level of public liability

Private debt

Infrastructure

No

Category

Intent

Development (The next section lists the possible statuses.)

Commercial

Development

Representational

Mixed

Financial Flow Classification

Vague (Official Finance) (The next section lists the possible statuses.)

Official Development Assistance

Other Official Flows

Vague (Official Finance)

Flows categorized based on OECD-DAC guidelines

Project lifecycle

Status

Cancelled (The next section lists the possible statuses.)

Pledge

Commitment

Implementation

Completion

Suspended

Cancelled

Milestones

Commitment

2018-04-01

Description

In April 2018, Bank of China (BOC) provided a USD 15 million loan to Monte Alegre Agricola Ltda., a Brazil-based agricultural production company. The loan's borrowing terms and purpose are unclear. The Brazil Central Bank lists the loan registration (ID TA817218) as cancelled.

Additional details

Number of official sources

1

Number of total sources

1

Download the dataset

Details

Cofinanced

No

Direct receiving agencies [Type]

Monte Alegre Agrícola Ltda. [Private Sector]

Implementing agencies [Type]

Monte Alegre Agrícola Ltda. [Private Sector]

Loan Details

Bilateral loan