International BASE Forum conference to focus on the business potential of the low-income market in Mexico

Wednesday, June 3, 2015 - 03:00
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

Low-income housing market offers new business opportunities in Mexico

Tuesday, May 12, 2015 - 03:00
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.

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 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.

Mexico’s Mi Tienda will expand operations with IDB assistance

Wednesday, December 16, 2009 - 03:00
The Inter-American Development Bank has approved a $2 million loan to help finance the expansion of operations of Mi Tienda, a Mexican company with a social mission to benefit low-income families by improving rural supply chain efficiency and raising small grocery stores' sales and productivity.

IDB President on the Cancún Annual Meeting

Tuesday, March 10, 2009 - 03:00
IDB Annual Meetings often present an opportunity to set the course for the coming months and even years. What are some of the key issues at this annual meeting in Cancun?

Mexico’s CEMEX will offer 35,000 microloans for street pavement with IDB guarantee

Wednesday, December 10, 2008 - 03:00
Thousands of Mexican families will gain access to paved roads thanks to a novel arrangement between cement giant CEMEX and the Inter-American Development Bank. CEMEX will finance 35,000 micro-loans to low-income families to cover part of street pavement costs in twelve municipalities with the support of a $10 million partial credit guarantee from the IDB, issued in Mexican pesos.

IDB fund grants $1 million to expand innovative microfinance model in Mexico

Tuesday, December 4, 2007 - 03:00
The Inter-American Development Bank’s Multilateral Investment Fund (MIF) today announced a $1 million grant for a project to expand a groundbreaking microfinance model backed by Mexico’s leading baking company, Grupo Bimbo, and a local microfinance institution, FinComun. The project will take to a national scale a pilot experience carried out by FinComun and Grupo Bimbo to offer microcredit to members of the baking company’s distribution network, which includes more than 450,000 small store operators in Mexico.