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Maine Company's Technology Used in Sudan Election

Exporter/Customer: 
Planson International Corporation
Export Destinations: 
Sudan
EXIM Bank Product: 
Working Capital Lender Loan Guarantee
Jobs Created: 
6

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Planson International Corp. - a small, woman-owned business - is a supplier to the United Nations, NGOs, the U.S. government, International Finance Institution borrowers, USAID projects, and emerging market private sector clients. For more than 20 years, Planson has been providing IT hardware and software, communications, test and measurement, GPS, GIS, surveying, security and office equipment to the aid and development community in over 109 countries.

With Bank of America as its lender, Planson used a $1.5 million revolving working capital loan guarantee from EXIM to export computers and software to Sudan for use during the historic referendum for Southern Sudan Independence. The technology was used for voter registration, demographic data analysis, vote tallying and post-referendum policy development.

The company's sales grew 20% in 2010 to over $12 million while its full-time workforce grew 50%. EXIM has supported $1.7 million of Planson's export sales from 2013 to 2018.

"EXIM Bank's working capital guarantee gave us the ability to achieve this growth. We simply could not have reached this level of success without EXIM's backing. And we are very proud that this financing allowed us to support the important referendum in Sudan."
Connie Justice, President