Cooperativa Nacional de Productores de Leche Conaprole is a dairy producer co-op that receives and processes approximately700 million liters of milk annually from some 2,600 producers. It producespasteurized milk and a broad range of other products that it markets locallyand for export. Exports account for more than 50% of Conaprole's sales and goto more than forty countries. The company is Latin America's second largestexporter of dairy products and one of Uruguay's leading exporters overall. Conaprole was created by law in 1935. The law merged severaldairy companies and cooperatives and gave the resulting company a monopoly onthe distribution of fluid milk in Uruguayuntil the monopoly was abolished in 1984. Conaprole has eight industrial plantsturning out more than 300 dairy products; fluid milk for consumption accountsfor approximately 20% of the total milk processed. Conaprole's range ofproducts also includes non-dairy food products (such as fruit juices and tomatopulp). Conaprole has a technical department that provides producers with adviceon production, sanitation, and quality. The company also provides financing forthe purchase of production supplies and dairy industry equipment.Through this project, the Corporation will help bolster theeconomic viability of this co-op consisting of small and medium-size milkproducers. This long-term financing from the Corporation will provide supportfor Conaprole's strategy by providing stable, timely coverage for its workingcapital requirements and helping finance the replacement of productive assets. Theproposed loan is part of the Supply Chain Financial Support Program. The specific purpose of this program is to increase theflow of financing for small and medium-size companies in Latin Americaand the Caribbean and identify potential clients that are part of a supplychain or suppliers of larger corporations, companies, or economic groupsoperating in the region. Conaprole is a dairy producer co-op that receives and processes approximately700 million liters of milk annually from some 2,600 producers. It producespasteurized milk and a broad range of other products that it markets locallyand for export. Exports account for more than 50% of Conaprole's sales and goto more than forty countries. The company is Latin America's second largestexporter of dairy products and one of Uruguay's leading exporters overall. Conaprole was created by law in 1935. The law merged severaldairy companies and cooperatives and gave the resulting company a monopoly onthe distribution of fluid milk in Uruguayuntil the monopoly was abolished in 1984. Conaprole has eight industrial plantsturning out more than 300 dairy products; fluid milk for consumption accountsfor approximately 20% of the total milk processed. Conaprole's range ofproducts also includes non-dairy food products (such as fruit juices and tomatopulp). Conaprole has a technical department that provides producers with adviceon production, sanitation, and quality. The company also provides financing forthe purchase of production supplies and dairy industry equipment.Through this project, the Corporation will help bolster theeconomic viability of this co-op consisting of small and medium-size milkproducers. This long-term financing from the Corporation will provide supportfor Conaprole's strategy by providing stable, timely coverage for its workingcapital requirements and helping finance the replacement of productive assets. Theproposed loan is part of the Supply Chain Financial Support Program. The specific purpose of this program is to increase theflow of financing for small and medium-size companies in Latin Americaand the Caribbean and identify potential clients that are part of a supplychain or suppliers of larger corporations, companies, or economic groupsoperating in the region.