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JICA’s Trust Fund “TADAC” (Overseas Investment and Loan): Loan Agreement Signed for “Sustainable Agro-Industrial Investment Promotion Support Project” in Peru | News & Announcements

Posted on February 16, 2026 by Editor in Chief

On December 4, 2025, the Inter-American Investment Corporation (IDB Invest), utilizing the “Latin America and Caribbean Private Sector Development Trust Fund (commonly known as TADAC)” (Note 1) funded by the Japan International Cooperation Agency (JICA), signed a loan agreement with Camposol S.A. (Camposol), an agricultural products export company in the Republic of Peru. Camposol is one of the companies that produce and process agricultural products such as blueberries and avocados in Peru and other Latin American countries, and export them to Japan and other countries around the world.

IDB Invest’s loan to Camposol will total US$140 million, of which US$50 million will come from TADAC. In addition, the project will receive additional financing through the International Finance Corporation (IFC) and Rabobank, an international bank based in the Netherlands with strengths in agricultural finance, as well as loans from Peruvian commercial banks, bringing the total loan amount to approximately US$400 million.

(Note 1) JICA has invested up to US$1.5 billion in the Trust Fund Achieving Development of Latin America and the Caribbean (TADAC), a trust fund established by the Inter-American Development Bank (IDB), the largest development finance institution in the Latin America and Caribbean region, and managed by IDB Invest, the private investment and lending arm of the IDB Group. TADAC will provide co-financing in line with IDB Invest’s financing of private sector initiatives to achieve the SDGs. JICA will use its overseas investments and loans to contribute to the sustainable socio-economic development of the Latin America and Caribbean region by reducing the financing gap needed to achieve the SDGs.

An Act of the Supply Chain of Camposol’s Avocado Business

Loan recipients

Camposol S.A. (Camposol)

Country (region covered)

Republic of Peru (La Libertad Province)

Loan amount (maximum)

US$50 million

Project Name

Sustainable Agro-Industrial Investment Promotion Support Project

Business Objectives

This project will support the renewal of blueberry and avocado varieties and the strengthening of the production system in La Libertad, northern Peru, through a long-term loan to Camposol, an agricultural products export company, in order to improve the efficiency of agricultural production and add value, thereby contributing to strengthening the country’s export competitiveness, improving its ability to earn foreign currency, creating local employment and The project will contribute to strengthening the country’s export competitiveness, foreign currency earning capacity, local employment generation, and resilience to climate change.

Business Overview

The project financing will be used for renewal of varieties, capital investment, and working capital for Camposol’s planned blueberry and avocado operations. In addition, the project will promote climate change-adaptive agricultural practices and improved resource use efficiency through the installation of irrigation and water storage facilities and solar plants.

Contribution to SDGs

Goal 9 (Create a foundation for industry and technological innovation)

Goal 13 (take concrete action on climate change)

Goal 17 (Let’s achieve our goals in partnership)

About TADAC: Signing of Investment Agreement for the Latin America and Caribbean Private Sector Development Trust Fund (Overseas Investment and Loan): Promoting SDG Achievement in the Region through Private Sector Initiatives | News & PR – JICA

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© Source JICA

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