Niva Pereyaslavshchiny to receive $ 20 million from IFC
13 July 2020
The Niva Pereyaslavshchiny Group, a Ukrainian vertically integrated crop and pork producer operating 23,000 hectares, will receive a loan of up to $ 20 million from The International Finance Corporation (IFC). The company will use these funds to finance its working capital in order to mitigate the potential harmful effects of COVID-19 pandemic on meat supply chain. Therefore, Niva Pereyaslavshchiny wants to restock its raw materials, feedstuffs, and fertilizers, which are mostly imported, to avoid production disruptions.
Niva Pereyaslavshchiny has been attracting loans from IFC since 2015.