AMPO Limitada is a company that produces manual filing supplies for office use, including hanging file folders, file folders, and a wide range of other items. The company has been operating since 1965; it exports some 65% of its production to Central America and the Caribbean. AMPO has production plants in Costa Rica, Nicaragua, and Panama.
The IIC loan to AMPO entails two significant benefits. First, the long-term loan will provide the company with financing for permanent working capital it needs as its sales grow rapidly, for expanding its warehouses and main production facility in Costa Rica, and for opening a new plant in Panama.
Second, the IIC will be providing technical assistance for the company to implement quality management processes, especially those needed to become international quality standard ISO 9001 certified. This will enable AMPO to become more competitive over the medium term and tap new markets in North and South America.