November 18, 2015
Innovative partnership enables U.S. individuals to invest in small and medium enterprises in the region The Inter-American Development Bank (IDB) and Calvert Foundation announced today the lauch of the Inter-American Opportunity Facility (IOF), a groundbreaking $20 million investment partnership designed to reduce poverty and promote economic growth at the base of the economic pyramid.
Paraguay will expand access to financing by Water and Sanitation Councils and families at the base of the pyramid
September 22, 2015
IDB loan to Visión Banco will increase access to financing and enable homes to carry out improvements and connect to water and sewer systems The Inter-American Development Bank (IDB) has approved a $10 million loan from its Opportunities for the Majority Sector to Visión Banco SAECA of Paraguay, designed to improve and broaden access to potable water and sanitation services for families living in small cities and suburban areas, through investments in water and
Inter-American Development Bank report highlights business opportunities at the base of the pyramid in Latin America and the Caribbean
July 28, 2015
More than 400 million people make up a market with enormous potential According to an Inter-American Development Bank (IDB) report released today, the base of the pyramid is a $759 billion market offering promising business opportunities to the private sector. The report presents information about the size of the base of the pyramid (BOP) market, its socio-economic characteristics, spending patterns and demand-related factors, with statistics about BOP consumer preferences.
International BASE Forum conference to focus on the business potential of the low-income market in Mexico
June 03, 2015
Inter-American Development Bank (IDB) to bring together business leaders, financial institutions, investors and government officials during the BASE III International Forum from June 29 to July 1 in the Centro Banamex in Mexico City
May 12, 2015
Growth of the housing market for low-income people in México will be a central theme during the BASE III Forum International, to be held in Mexico City June 29-July 1 The Inter-American Development Bank (IDB) estimates that the housing market for the base of the pyramid in México –those people whose income is below $10 a day– grew 25 percent between 2000 and 2010, reaching $40 billion annually. Mexicans spend more on housing (24 percent of their total spending) than on anything other than food.
February 05, 2015
Loan of up to $5 million has mobilized an additional $5 million through a B-loan syndication The Inter-American Development Bank (IDB) has approved a loan of up to $5 million to Banco Multiple Ademi, a leading financial institution in the Dominican Republic with 60 percent of the microfinance market share, for on-lending to an estimated 5,000 Base of the Pyramid (BOP) families in need of home improvement financing.
Paraguay to expand financing to more than 5,000 micro and small businesses at the base of the pyramid
September 18, 2014
IDB loan to INTERFISA will finance project to broaden access to credit with a gender-based approach, through the innovative NdeVale business model
July 07, 2014
Financing will enable Bayport Colombia to scale its existing portfolio and provide credit for home improvements, working capital, education, health, and agricultural expenses A loan of $15 million from the Inter-American Development Bank's Opportunities for the Majority (OMJ) sector to Bayport Colombia, S.A.S., a non-bank financial intermediary that focuses on rural areas and financial inclusion for families at the base of the socio-economic pyramid (BOP), will provide financing for a variety of needs for low-income populations throughout the country.
June 25, 2014
Report outlines innovative schemes that invigorate the market, with private sector participation
June 24, 2014
$5 million loan from Opportunities for the Majority to Habitat for Humanity El Salvador to benefit nearly 8,000 families at the Base of the Pyramid The Opportunities for the Majority (OMJ) sector at the Inter-American Development Bank (IDB) approved a $5 million loan to Habitat for Humanity El Salvador (HPHES) to support increased access to home improvement financing for the Base of the Pyramid (BOP) in El Salvador.