Finance the achievement of results of new or existing Government programs. The LBR is an investment loan that finances the costs of activities (goods, works, and services) associated with the achievement of such results and/or institutional capacity strengthening products associated with the overall achievement of the results, and that disburses once these results and/or institutional capacity strengthening products have been achieved and independently verified. During preparation and execution, focus is placed strengthening countries' systems and fostering a management culture based on results.
Examples: Program to promote new housing strategies for low-income population or a program to support a Digital Government Strategy.
Lending rate: SOFR base rate + IDB Ordinary Capital variable lending spread:
SOFR base rate is USD SOFR daily overnight compounded rate + IDB's funding margin. Funding margin for 1st quarter 2025 is 41 bps.
IDB’s Ordinary Capital lending spread - for 2025 is 80 bps.
Fees: Commitment fee 50 bps; applicable on undisbursed loan amount and starts to accrue 60 days after loan contract signature.
Interest and Currency conversion options are available.
For applicable loan charges and conversion option fees, please refer to www.iadb.org/rates
Flexible repayment options subject to a maximum maturity of 25 years, and maximum Weighted Average Life (WAL) of 15.25 years.
Standard Grace Period: 5.5 years.
Standard amortization schedule (semiannual, straight-line payments), bullet repayment structures, extended grace periods, uneven amortization schedules, and shorter repayment periods are available without additional cost.
Finance policy reforms or institutional changes
Policy-Based Loans
(PBL)
Finance loans to small and medium-size enterprises
Global Credit Loans
(GCR)
Liquidity Risk Management
Flexible Repayment Options
(N/A)
Combining financial instruments ensures timely funds, spreads risk, and optimizes resources for disaster recovery and climate resilience. This approach supports immediate response and long-term investment, creating a robust and sustainable financial strategy.
This program improved healthcare accessibility and emergency response capacity, including COVID response, in Buenos Aires Province. It upgraded 66 primary care centers to meet service standards, implemented electronic health records in 67 centers, and enhanced emergency response systems in 105 municipalities. The program also expanded oncology and palliative care services, improving the health care coverage of 75,578 individuals.
The program significantly strengthened the delivery of healthcare in Buenos Aires Province. Key achievements include upgrading 66 primary care centers to meet standards, improving quality of care, and implementing electronic health records in 67 centers. Emergency services were enhanced in 105 municipalities, reducing average emergency wait times between triage and medical consultation from 359.3 minutes to 56.8 minutes. Additionally, the availability of oncology care was improved, with 80% of requested cancer drugs dispensed within 30 days, and 3,400 palliative care patients receiving regular medication, an increase surpassing the target.
This project enhanced Chile’s public education by establishing the Public Education Directorate and 11 Local Education Services. It improved governance, leadership, and pedagogical support, benefiting 184,485 students.
The program strengthened public education management by transitioning responsibilities from municipalities to Local Education Services. This transition helped reduce inefficiencies and improve service delivery. Key achievements include the creation and implementation of pedagogical support plans in 100% of Local Education Services, benefiting 184,485 students, and the professionalization of leadership roles, helping to increase accountability and foster measurable improvements in the quality of education.