The Opportunities for the Majority, through a US$250 million special funding facility, provides medium and long-term loans and partial credit guarantees to private sector companies interested in supporting sustainable business models and market-based solutions that benefit low-income populations in Latin America and the Caribbean in areas such as financial services, housing, education, nutrition and health.

The initiative also leverages grant resources to facilitate needed transfer of know-how and for the design of new business models.

Products

• Loans
• Partial Credit Guarantees
• Technical Assistance

Eligibility for Financing

The IDB ensures that each of its projects will undergo a rigorous evaluation that stresses its economic and financial viability as well as the targeting of investments to benefit low-income populations in one of the IDB's 26 borrowing member countries.

To be eligible for financing, projects should be:

• Financially and structurally sound
• Innovative and with the capacity to be replicated and brought to scale
• Carried out by a legal entity with the majority of its voting shares owned by an organization from one of the 48 member countries of the IDB.
• Structured to engage multiple stakeholders
• Require amounts, on average, of between $5 million and $10 million per loan

Terms and Conditions

• Market rates
• Tenor up to 15 years
• Technical assistance provided with loans
• Coverage between 25 percent and 40 percent of the total project cost