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.
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.
Colombia to increase access to credit for vulnerable populations in Atlantic and Pacific regions with IDB support
November 19, 2013
$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.
June 06, 2013
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.
February 01, 2012
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.
January 27, 2012
Project to help expand and improve access to clean and affordable water to as many as 14,000 low-income families in El Salvador The Inter-American Development Bank (IDB) will help expand and improve access to clean and affordable water to poor communities in El Salvador by providing a $2 million loan to Banco ProCredit S.A to start a credit and technical assistance program for communal water projects throughout the country.
October 27, 2011
As many as 6,000 low-income families in isolated rural areas in Honduras, El Salvador and Belize to get access to solar energy The Inter-American Development Bank (IDB) will provide a loan of up to $3 million for Fundación José María Covelo to establish credit lines that will enable as many as 6,000 Central American families in isolated rural communities with no access to the electricity grid to buy solar power systems.
September 26, 2011
$2.1 million loan will help fund expansion of one of Bolivia’s biggest sesame seed exporters to benefit 2,200 small farmers in Santa Cruz region The Inter-American Development Bank (IDB) approved a $2.1 million loan to finance the expansion of Alimentos Naturales LATCO International S.A., one of Bolivia ’s largest sesame seed exporters, a project that is expected to benefit 2,200 small sesame farmers in the Santa Cruz region.