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Cover Page | Contents | Subscribe | Back Issues |
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The following operations were approved in recent weeks by the Inter-American Development Bank (IDB), the Inter-American Investment Corporation (IIC) and the Multilateral Investment Fund (MIF).
A $17 million IDB loan and $19 million in syndicated funds to finance a private sector project to expand, operate and maintain a 60-kilometer toll road in the state of Rio de Janeiro. IDB loans for $6.5 million and a grant of $300,000 for technical cooperation to increase the availability of credit for low-income microentrepreneurs.
A $60 million IDB loan to support the consolidation and expansion of the municipal credit market to finance urban infrastructure.
MEXICO A $23.4 million IDB loan to help overcome barriers to the commercialization of activities to increase energy efficiency. An $8 million IDB loan to strengthen the Banking and Securities Commission. A $4 million MIF investment in a risk capital fund that will support small companies whose activities enhance the environment.
A $40 million soft loan to help increase the productivity of small and medium-sized farms and contribute to the competitiveness of the food and agriculture sector.
A $2 million long-term MIF loan and a $250,000 technical cooperation grant to Multi Credit Bank, Inc. for credit to microenterprises and small businesses. A $1.2 million MIF grant to help strengthen the country's securities commission to ensure a strong banking system, increase the diversity of the financial sector, and expand capital markets.
An idb nonreimbursable financing for $3,125,000 in local currencies for agricultural technological development and technology transfer in Latin America. A MIF investment of $3.25 million and a MIF technical cooperation grant of $1.75 million to help establish the NGO Enterprise Development Fund, which will promote and support conservation ventures carried out by microenterprises and small businesses in Latin America and the Caribbean.
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NEED MORE INFORMATION? Please contact the IDB Public Information Center at telephone 202-623-2096, e-mail PIC@iadb.org |
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