Multibank provides funding for farming infrastructure
Praxis supports financing sustainable agriculture in Panama

Multibank is a private, local bank that has been operating in Panama for over 50 years. The bank focuses on lending to medium sized producers purchasing farm equipment and infrastructure, which helps increase productivity. Multibank finances farmers practicing sustainable agroforestry businesses in cattle ranching, rice, pineapples, citrus, vegetable, coffee and cocoa production.
As a leader in sustainable finance, one area of focus is financing investments that promote water conservation and efficient waste management. Wastewater treatment and recycling of agricultural byproducts and solar energy will help mitigate the impact of agribusiness activities. Borrowing companies must hold an eligible sustainability certification, as well as meet additional requirements from a list of green items.
Panama Veladero cattle farm
Through the provision of flexible and patient capital to this high impact sustainable agriculture sector, Multibank's lending practices have had positive social and environmental impact by creating green jobs, reducing carbon emissions, soil degradation and loss of water used for irrigation.
The Praxis commitment
Praxis Investment Management supports organizations such as Multibank through investments in Calvert Impact Capital, an impact-investing institution that helps people around the world through community development financing. It’s part of the Praxis commitment to place approximately 1% of each of its funds to benefit neighborhoods and individuals through community investments.