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

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.

IDB releases its 2010 Development Effectiveness Report

Wednesday, March 23, 2011 - 03:00
Report evaluates Bank’s efforts in measuring its development impact in Latin America and the Caribbean The Inter-American Development Bank (IDB) has made strides to boost transparency, accountability and enhance the development impact of its investments in Latin America and the Caribbean, according to the new edition of the IDB’s 2010 Development Effectiveness Overview.

Opportunities for the Majority of the IDB helps reduce the housing deficit in Peru

Wednesday, November 17, 2010 - 03:00
The Inter-American Development Bank (IDB), through its Opportunities for the Majority Initiative, approved a loan of 3.8 million in Peruvian Soles (equivalent to $3 million) to Caja Municipal de Ahorro y Crédito SA Ica (CMAC Ica)  to increase financing for low-income families in Peru for housing improvements.

IDB loan expands access to finance for women microentrepreneurs in Peru

Wednesday, December 16, 2009 - 03:00
The Inter-American Development Bank has approved a $10 million loan to expand access to financial services for women microentrepreneurs in Peru. The loan is part of an expected $30 million loan program aimed at strengthening women entrepreneurship combining expansion of financial services with business training for low-income borrowers.

Housing Market for the Majority: Challenges and Opportunities for the Private Sector

Thursday, December 4, 2008 - 03:00
The Inter-American Development Bank distributed on Thursday a study of the housing market for the 70 percent of the population that comprises the low-income majority in Peru.

Immigrants sent 3.7 billion euros from Spain to Latin America in 2006, says IDB fund

Tuesday, June 5, 2007 - 03:00
MADRID – Latin American immigrants sent some 3.7 billion euros (about $5 billion) from Spain to their countries of origin during 2006, according to estimates released today by the Inter-American Development Bank’s Multilateral Investment Fund (MIF). Should current demographic and economic trends persist, by 2010 remittances from Spain to Latin America could reach 5 billion euros a year (approximately $7 billion), MIF Manager Donald F. Terry said at a news conference held here.

IDB fund to invest in groundbreaking microinsurance venture

Monday, December 11, 2006 - 03:00
The Inter-American Development Bank today announced its Multilateral Investment Fund (MIF) will invest $3 million in ParaLife, a new micro-insurance venture established to provide life insurance to people with disabilities, low-income families and microentrepreneurs in Latin America. The micro-insurance project reflects the principles of the IDB’s Opportunities for the Majority initiative, which seeks to expand low-income people’s access to wealth-building tools and services such as microcredit, housing, job-training and entrepreneurship opportunities.