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IDBAmérica to close submissions for essay contest December 15

IDB approves $12 million loan to Peru to modernize office of the comptroller general and national control system

The Inter-American Development Bank announced the approval of a $12 million loan to Peru to support the modernization of the Office of the Comptroller General and to strengthen and deconcentrate...

IDB approves $7.2 million loan to Nicaragua for a citizen security program

The Inter-American Development Bank announced the approval of a $7,210,000 soft loan to Nicaragua for a program to improve citizen security by reducing violence...

IDB approves $22.5 million soft loan to Honduras phase II of municipal development program for Tegucigalpa

The Inter-American Development Bank announced the approval of a $22.5 million soft loan to Honduras to support Phase II of a program to modernize the management and delivery of...

IDB fund, Banco BHD of Dominican Republic sign memorandum for $2.5 million loan

NEW YORK ­– Representatives of the Inter-American Development Bank’s Multilateral Investment Fund (MIF) and Banco BHD of the Dominican Republic signed a memorandum...

Seeking access to services most people take for granted

People with disabilities tend to be excluded not only from access to basic services, but from labor markets as well. They also have less access to credit, and sometimes find inequity in the judicial system. During a seminar on disability and poverty reduction, participants agreed that one of the many needs that should be addressed with urgency is universal access design in public services and goods, from transportation to schools. Technical standards should be set, accessibility should be integrated into design schools’ academic courses, and social awareness of this issue should be encouraged.

Dominican immigrants around world to send home record $2.7 billion in 2004; $1 billion from metropolitan New York

Multilateral Investment Fund approves $1,490,000 for rural credit to underserved communities in Ecuador

The Multilateral Investment Fund announced the approval of a $1.2 million loan and a $290,000 grant for technical assistance to support a program to supply rural loans through microcredit entities...

Feedback sought on new IDB Environment and Safeguards Policy

The IDB is developing its Environment and Safeguards Compliance Policy. The goal of the new policy is to help advance the Bank’s mission for promoting sustainable development and reducing poverty across the Latin American and Caribbean region. The specific objectives of the policy are to maximize development benefits and environmental sustainability outcomes in Bank operations and activities; to manage risks to ensure that all Bank operations and activities are environmentally viable, and to improve and promote corporate environmental responsibility within the Bank. As an integral part of the policy development process, the IDB will begin a series of public consultations on the draft policy today.

IDB’s Social Entrepreneurship Program to support indigenous coffee growers in Guatemala

The Inter-American Development Bank’s Social Entrepreneurship Program will provide $461,000 in financing to an association of poor indigenous farmers in southwestern Guatemala for a project to increase their coffee crop’s output and quality and their capacity to export to markets fetching premium prices. The project will benefit more than 1,100 members of the five rural organizations that form Manos Campesinas, an association of coffee growers in the departments of Quetzaltenango, San Marcos and Solola who farm small plots in areas with appropriate climate, soil and altitude conditions for high-quality coffee.

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