Peru to develop new sustainable energy matrix with support from IDB

Monday, October 4, 2010 - 03:00
$25 million loan to boost use of renewable sources, promote energy efficiency while balancing resource use with social, environmental concerns Peru will develop a new sustainable energy matrix to maximize its natural gas, oil, electricity, and renewable energy resources while taking social and environmental considerations into account with help from a $25 million loan from the Inter-American Development Bank.  

Paraguay to improve urban infrastructure, public transportation with IDB assistance

Thursday, September 30, 2010 - 03:00
Paraguay will improve its urban infrastructure and public transportation system with a $125 million credit line from the Inter-American Development Bank.

Peru to reduce natural disasters vulnerability, boost response capacity with IDB assistance

Thursday, September 23, 2010 - 03:00
Peru, the Latin American country most affected by natural disasters, will reduce its vulnerability and improve its disaster response capacity with a $25 million loan from the Inter-American Development Bank.

Peru fights poverty with IDB assistance

Monday, September 13, 2010 - 03:00
The Inter-American Development Bank approved a $6 million loan to assist Peru’s fight against poverty by supporting its efforts to strengthen its conditional cash transfers, healthcare and employment programs and improve the targeting of social services. The program’s main components are:

Banco Continental of Paraguay will expand lending program to SME

Wednesday, September 8, 2010 - 03:00
The Inter-American Development Bank (IDB) approved a loan for $25 million that will permit Banco Continental S.A.E.C.A. de Paraguay (“BC”) to finance a lending program to small and medium sized enterprises (SMEs). SMEs play a fundamental role in the economy of Paraguay. According to the most recent National Industrial Census, nine out of ten enterprises comprise this segment, generating 80% of total jobs and 60% of gross national product. 

Pregnant women in Peru will improve their health via cell phones

Friday, August 27, 2010 - 03:00
In a ground-breaking effort to use cell phone technology to improve access to healthcare, the Inter-American Development Bank (IDB), Cayetano Heredia University of Peru (UPCH) and Movistar have launched a pilot project that will benefit 5,000 low-income pregnant women in Callao, Peru.

Regional electrical integration advances in Central America

Thursday, August 26, 2010 - 03:00
SAN JOSE, Costa Rica – Senior officials in the Central America’s electricity sector yesterday proposed concrete plans and agreements that will permit the comprehensive operation of a Regional Electrical Market (MER) before the end of 2011.

IDB to lead regional effort in establishing indicators of child development

Tuesday, August 10, 2010 - 03:00
The Inter-American Development Bank (IDB) announces the launch of the “Regional Project on Child Development Indicators” project. The objective of the project is to produce, for the first time, statistical data on child development outcomes for children aged 24 to 59 months in Latin America and the Caribbean. Today, there are no comparable indicators for the region.

Peru’s Mibanco receives $45 million to boost credit for women microentrepreneurs

Friday, August 6, 2010 - 03:00
The Inter-American Development Bank disbursed a syndicated loan for the equivalent of $36 million, denominated in Peruvian nuevos soles, to help Mibanco – Banco de la Microempresa S.A. increase its capacity to lend to female microentrepreneurs in Peru.

Scholars stress great integration potential between India and Latin America

Tuesday, July 27, 2010 - 03:00
The Inter-American Development Bank (IDB) unveiled today a new study calling for India and Latin America to foster closer economic ties in order to tap into  “massive” trade and investment opportunities between these two distant partners.