LAAD focuses on export oriented companies in Latin America with loans ranging from USD200,000 to USD3,000,000. LAAD is involved in a broad variety of agribusiness sub-sectors, from soft commodities such as soybean, coffee, palm oil, shrimp or rice, to roses, orchids, bananas, plantains, stone fruits and ornamental plant production. LAAD is a financial intermediary founded in 1969 by a group of leading international agribusiness and (multilateral) financial companies to provide access to finance to farmers and agribusinesses in Latin America. Currently a group of 12 strategic shareholders hold an equal 8.33% share in LAAD.
LAAD’s mission is to finance small and medium sized agribusiness projects promotion of sustainable economic and social development in Latin America. The ultimate goal of the developmental funding efforts is to promote production that will feed the world’s growing population. LAAD is grateful to be able to contribute to this fundamental and praiseworthy goal. The financing activities of LAAD are conducted primarily through LAAD Americas N.V., a wholly-owned bank licensed in Curacao and operating under the supervision of the Central Bank of Curacao and Sint Maarten. In addition to the Representation Headquarters in Curacao (for LAAD Americas N.V.) the Corporation has seventeen regional offices in Latin America and an administrative office in Coral Gables, Florida.
LAAD operates in rural areas having many needs over and beyond financing for agricultural activities. These areas often lack basic necessities such as health services, electricity, running water and in some instances, even personal security. Recognizing that one small company cannot help everyone in all locations, LAAD has decided to focus its resources on education. Education is the fundamental corner stone that establishes a foundation for all other efforts to improve living conditions in rural Latin America. LAAD contributes through client engagement toeducation in agricultural practices.
LAAD – Latin America
|Total assets||USD 649 million|