IDB and Calvert Foundation partner to fuel small business growth in Latin America and the Caribbean

Wednesday, November 18, 2015 - 03:00
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.

IDB loan to to benefit low-income public-sector employees in Colombia

Monday, July 7, 2014 - 03:00
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.

New IDB study reveals success factors in business models for low-income family housing

Wednesday, June 25, 2014 - 03:00
Report outlines innovative schemes that invigorate the market, with private sector participation

Colombia to increase access to credit for vulnerable populations in Atlantic and Pacific regions with IDB support

Tuesday, November 19, 2013 - 03:00
$20 million will support Brilla program developed by Promigas S.A. With a loan of $20 million from the Inter-American Development Bank (IDB), up to 1.4 million families will benefit from expanded access to credit for the purchase of household appliances, school supplies and financing for technical education in Colombia.

IDB promotes socially inclusive businesses

Thursday, June 6, 2013 - 03:00
At a conference on the base of the pyramid market held in Medellin  MEDELLIN, Colombia – Latin America and the Caribbean’s 400 million people-strong, modest income majority has a collective purchasing power of $500 billion a year, said Inter-American Development Bank President Luis Alberto Moreno today at a conference on the region’s base of the pyramid market. 

Low-income families in Nicaragua to improve their housing conditions with IDB support

Friday, September 14, 2012 - 03:00
12,000 families to benefit from $5 million IDB loan that will allow Prodel expand financing for basic community infrastructure and home improvement projects

IDB supports innovative rent-to-own pilot housing program in Nicaragua

Thursday, May 17, 2012 - 03:00
The loan will finance a pilot program to expand mortgage lending for low-income, informally employed Nicaraguans The Inter-American Development Bank (IDB) today approved a $10 million loan to Banco de Finanzas S.A. (BDF), a leading commercial bank in Nicaragua, to finance a pilot housing project that will pave the way for low-income families working in the informal sector to get access to mortgage financing.

IDB to help finance student loans in six Latin American countries

Wednesday, February 1, 2012 - 03:00
IDB loan to Higher Education Finance Fund will pave the way for increased student loans in Guatemala, Honduras, Dominican Republic, Peru, Bolivia, and Paraguay The Inter-American Development Bank (IDB) will help expand the access to higher education in Latin America and the Caribbean by providing a $10 million loan to the Higher Education Finance Fund, L.P. (HEFF), a regional debt fund that seeks to offer student loans through local microfinance organizations.

IDB closes $3.6 million syndicated loan to provide access to finance for smallholder farmers

Tuesday, July 5, 2011 - 03:00
As many as 10,000 small farmers in nine countries to benefit from IDB loan to FOPEPRO The Inter-American Development Bank (IDB) has closed a $3.6 million loan to provide access to finance for smallholder producer groups and farmers associations in nine Latin American countries through a loan to the “Fund for Small Rural Producers in Latin America” or “Fondo para los Pequeños Productores Rurales en América Latina (FOPEPRO)."

IDB to support expansion of CEMEX microfinance program for low-income families

Tuesday, June 28, 2011 - 03:00
More than 750,000 low-income families in Mexico, Colombia, Costa Rica, Nicaragua and the Dominican Republic to benefit from the project Patrimonio Hoy, the housing microfinance program of CEMEX, will expand lending to low-income families in Mexico and four other Latin American countries with a partial credit guarantee of up to $10 million from the Inter-American Development Bank (IDB). As many as 750,000 families over the next five years are expected to benefit from this project.