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IDB Invest supports sustainable growth in Mexico’s agribusiness sector

01/23/2025 Since 3 weeks

Negocio Agrícola San Enrique S.A. (NASE), one of the largest agricultural and aquaculture producers in Sonora (Mexico), has received financing for 30 million dollars from IDB Invest, which will allow it to expand its operations, improve productivity and implement climate-smart and climate-resilient agricultural and aquaculture practices.

The financing package includes: i) an 8-year senior secured loan for 10 million dollars, and ii) a revolving loan of up to 20 million dollars, to support NASE’s working capital and capital expenditure needs.

In addition, IDB Invest will provide advisory services to NASE in order to develop a climate resilience and resource efficiency plan, improving the use of precision agriculture technologies and regenerative practices to optimize irrigation and fertilization.

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