|European Bank for Reconstruction and Development (EBRD)|
|Olives and Olive Oil|
|The EBRD is considering providing a loan of up to EUR 15 million to the Spanish company Borges Holding, S.L. (?Borges Group?), which will then be fully on-lent to Borges Tunisia (the ?Ultimate Beneficiary?). The loan would provide stable financing for the increasing sourcing of olive oil from Tunisian farmers while targeting the export market.
The loan will ease the expansion of the operations of Borges Tunisia and is expected to contribute significantly to backward linkages and the demonstration of leading business practices in origination and export.
See project site: