eco business Fund lends USD 20 million to Agrovisión Peru to advance sustainable blueberry production
Article originally published on eco.business Fund's website on 19/12/2025. LACIF contributes to eco.business Fund through technical assistance and financial instruments.
The eco business Fund provided a USD 20m loan to Agrovisión, the third-largest blueberry exporter in Peru. The loan will support the expansion of sustainable fruit production, including measures to reduce water consumption and implement regenerative agriculture practices. With this investment, the Fund’s direct corporate lending portfolio is expected to reach USD 60 million by year-end.
Agrovisión operates across 2,200 hectares of certified blueberry production in Peru, and is recognized globally for its premium varieties, innovation and sustainability leadership.
The loan is tailored to Agrovision’s working capital requirements and cash cycle, which are linked to its productivity activities, providing a financial solution that is beyond conventional market options.
Proceeds will support Agrovisión’s continued transition to a more efficient, resilient, and sustainable agricultural production model aligned with best international standards. The investment will strengthen certified operations of blueberry production, enabling the company to expand hydroponic and fertigation systems, enhance water efficiency and lower CO₂ emissions. These improvements build on Agrovisión’s already in place strong ESG foundations. Overall, the investment will deepen environmental performance, strengthen ecosystem services, and support inclusive growth across northern Peru. These efforts will contribute to SDG 6 (Clean Water and Sanitation), SDG 12 (Responsible Consumption and Production), and SDG 15 (Life on Land).
Michael Evers, Chairperson of the Board of the eco business Fund:
“Peru stands among the world’s leading exporters of blueberries, a product
experiencing strong global demand as consumers increasingly seek healthy, natural snacks. Through the sustainable practices supported by the eco business Fund, Agrovisión will continue to employ more biodiversity friendly production techniques and enhance its resilience to the effects of climate change.”
Diego Stapff, Portfolio Manager at Finance in Motion:
“By partnering with Agrovisión, the Fund is applying proven impact strategies, reinforcing the company´s leadership in the sector and Peru’s role as a sustainability benchmark in global fruit supply chains. Through this investment, the Fund’s European investors help improve the quality of food products that ultimately reach their own supermarket shelves. It is a nice example of how eco.business generates virtuous circles that benefit all stakeholders”.
Bertha González, CFO, Agrovisión Perú:
“This partnership marks an important step in strengthening our long-term sustainability strategy. While this financing provides Agrovisión with additional capital to support our operational needs, it also allows us to continue exploring opportunities that enhance water efficiency, energy management, and resilient production systems, areas that are central to how we operate and grow. We value the confidence placed in Agrovisión and view this collaboration as a meaningful extension of our commitment to lead with innovation and responsibility across our operations and the communities we serve”.
About Agrovisión Peru
Agrovisión Perú S.A.C. is engaged in agricultural activities including the planting, harvesting, packing, and commercialization of fresh produce, which is exported primarily to Europe, the United States, the Middle East, and Asia. The company has more than 2,200 planted hectares and produces some of the world’s most flavorful and freshest blueberries, offering a better snacking alternative to traditional processed foods. In a short period of time, it has achieved global distribution and expanded its network of high-quality farms with advanced growing practices across optimal microclimates.
About the eco business Fund
The eco business Fund supports sustainable business and consumption practices that protect biodiversity, use natural resources responsibly, and address climate change in Latin America, the Caribbean, and sub-Saharan Africa. It finances nature-positive investments through local financial institutions, direct lending to companies and producers. The fund focuses on agriculture, fishery (including aquaculture), forestry, and tourism, which can have a strong impact on nature. The fund also provides advisory and capacity-building support for its investees via development facilities linked to the two regional sub-funds.
Initiated by Germany’s KfW Development Bank and Conservation International, and advised by Finance in Motion, the fund benefits from first-loss capital from BMZ, the European Union, and the UK Department for Environment, Food and Rural Affairs (DEFRA). The sub-Saharan Africa sub-fund launched in 2020 with BMZ support, while the Latin America and Caribbean sub-fund is backed by several leading development finance institutions and institutional investors.
For more information please visit www.ecobusiness.fund
About Finance in Motion
Finance in Motion is a global impact asset manager focused exclusively on sustainable development in emerging markets and developing economies. The company structures, manages, and advises impact investment funds that bring together public and private investors to address climate change, strengthen biodiversity conservation, foster the sustainable use of natural resources, improve livelihoods, and promote economic opportunities.
For more information, please visit us at: www.finance-in-motion.com
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