Acquisition of a processing plant for the aquaculture sector - Peru
ATISA is a shrimp aquaculture company located in the Tumbes region of northern Peru, led by a female entrepreneur who co-founded the business with her husband in 1997. Specializing in the breeding, production, and distribution of premium shrimp, ATISA produces shrimp for both local and international markets and is recognized through its own brand, COOL!. ATISA was the first Peruvian company to obtain the Global G.A.P. Aquaculture certification in 2016.
By investing in modern shrimp cultivation techniques and sustainable farming practices, the CFC supported ATISA’s ambition to introduce organic shrimp production and comply with new social and environmental aquaculture certification standards. ATISA also intended to expand into shrimp processing to increase its offering of peeled shrimp, a higher-value product with less volatile commodity prices than unprocessed whole or head-on shrimp.
The investment was made with the expectation that it would generate strong social impacts by significantly increasing employment from 43 to 150 full-time jobs. It was anticipated to raise household incomes across all skill levels, with average monthly wages for low-skilled workers increasing from approximately USD 450 to USD 650. In addition, the number of families depending on ATISA’s revenues was expected to increase substantially to more than 150, thereby expanding the company’s contribution to local livelihoods and economic stability.
Submitting Institution | Acuacultura Tecnica Integrada del Peru S.A. (ATISA) |
Location | Peru |
Commodity | Shrimp |
Total Cost | USD 4,000,000 |
CFC Financing | USD 1,500,000 (Loan) |
Co-financing | Acuacultura Tecnica Integrada del Peru S.A. (ATISA): USD 200,000 |
| Owner: USD 1,850,000 |
Year of Implementation | 2019 |
SDGs
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