Argentina
A $75 million IDB loan from ordinary capital and a syndicated loan of up to $300 million to support the five-year investment program of Transportadora de Gas del Sur S.A., one of the country's two private sector natural gas transportation companies.

A $10 million IIC loan to Hidronihuil S.A. of Mendoza Province to help finance an electric power project.

An $8 million IIC loan to Curtiembre Arlei S. A. to help finance the expansion and modernization of the company's production facility in Las Toscas, Salta, which will increase the production of unfinished hides.

Bolivia
A $4 million IIC loan to BISA Leasing S.A. to provide small and medium-sized companies with medium- and long-term financing via leasing operations that are needed to acquire equipment for productive purposes.

Barbados
A $13 million IDB loan to assist in the development of a modern, dependable and efficient waste management system that protects the environment and improves public health.

Brazil
A $1.1 billion IDB loan, the largest in the history of the Bank, to Banco Nacional de Desenvolvimento Econômico e Social to support microenterprise and small businesses (see article under New Projects).

A $250 million IDB loan to improve housing in low-income neighborhoods. The program will finance approximately 70 projects, managed by selected municipalities, that will benefit 70,000 families by increasing access to housing, improving sanitation, and regularizing land titles.

A $24 million IDB loan to support the improvement of environmental quality and the conservation of natural resources.

A $25 million IDB loan to support democratic institutions through the use of information technology and the Internet. The project will aim to improve communication between elected officials and the general public in legislative assemblies at the national, state, and municipal levels.

Dominican Republic
An $8.96 million IDB loan to implement a decentralized development model in five provinces that will finance basic services for low- income groups and make them more accessible.

A $7.5 million IIC line of credit and another credit line of $12.5 million, this one to be funded by international commercial banks, to Banco Nacional de Crédito, S.A. to finance medium-sized, locally owned companies in the tourism and free trade zone sectors.

Ecuador
A $10 million IIC loan to Banco del Progreso S.A. for on-lending to eligible small and medium-size companies.

Guatemala
A $1 million grant from the Japan Special Fund to support preparations for a project that will assist low-income groups in the country's Eastern region.

Haiti
A $22.5 million Fund for Special Operations (FSO) loan to support the first stage of a reorganization of the national health system.

A $19.4 million FSO loan to support the first phase of the government's investment project to strengthen basic education.

Honduras
A $36 million soft loan from the FSO to improve health care.

A $10 million IIC loan to Luz y Fuerza de San Lorenzo, S.A. de C.V. to help finance the construction and operation of a 60-megawatt thermoelectric plant.

Nicaragua
A $65 million soft loan from the FSO and a $765,000 grant for technical cooperation to strengthen the financial system.

A $76.13 million loan from the FSO to support the strengthening and modernization of the electricity sector.

A $19.5 million IDB loan from ordinary capital and $19.5 million syndicated loan to the Tipitapa Power Company for the country's first private sector power plant under a new law for the electricity sector.

A $4 million IIC loan to Financiera Delta S. A. to support the expansion of services to include a leasing operation that will provide financial alternatives for the country's small and medium-sized companies.

A $997,000 MIF grant to assist the modernization of capital markets and attract investors.

Panama
A $2.5 million IDB loan to assist in developing a strategy to promote private sector investment in the tourism industry.

Peru
A $30 million IDB loan and $1.6 million grant from the European Union to support urban and rural microenterprise.

A $2 million MIF grant to assist the creation of a policy and regulatory environment that enables private sector participation in the social security health system.

A loan of 687,471 European Currency Units (Ecu) and a grant of 512,949 Ecu from the European Union Special Fund for Financing of Microenterprises in Latin America to four Peruvian NGOs involved in microfinance.

Uruguay
A $32.4 million IDB loan to improve agricultural technology to benefit small and medium-sized producers and to improve the sanitary quality verification process for animal based products.

Regional
A $4 million MIF equity investment in the Terra Capital Fund, which will support small businesses in South America that have a positive impact on biodiversity.

A $975,000 grant from the Japan Special Fund and a grant of $200,000 from the Fund for Special Operations to strengthen the ability of the Caribbean Community to negotiate multilateral, regional, and bilateral trade and economic initiatives.

A $1.5 million IDB grant to the Fundación Mexicana para la Salud (Funsalud) to create an inter-American network to promote the use of policy and managerial instruments and analytical methods for health system reform.

A $10 million IIC investment in WestSphere Latin America Private Equity Growth Fund L.P., a diversified regional fund established in New York that will make equity or equity-related investments in medium-sized companies located in Latin America.