IDB launches Superheroes of Development contest to recognize executing agencies

March 04, 2019
In its second edition, the call for proposals will be open from March 4th to May 17th, 2019. The Superheroes of Development Award will recognize executing agencies of IDB-financed projects that have successfully addressed challenges during its implementation. The contest will identify eight finalists from across Latin America and the Caribbean who will travel to IDB’s Headquarters in Washington, D.C. to present their solutions.

More than 3,000 business meetings held at LAC Flavors Argentina 2017

November 07, 2017
Buenos Aires, Argentina- More than 560 food exporting companies from Latin America and the Caribbean (LAC) met with 120 international buyers from five continents at LAC Flavors 2017, where they closed transactions valued at a projected amount of $152 million, according to preliminary data from the Inter-American Development Bank (IDB).

Lowering fiscal and external vulnerability the key to promoting growth in Central America and the Dominican Republic

February 09, 2017
Regional IDB Governors meet in Washington to analyze economic prospects for 2017 The modest recovery in the United States and continuing favorable financial conditions in 2017 will also represent sources of economic stimulus throughout the year for the countries of Central America and the Dominican Republic, which will translate into growth of around 3.9 percent in 2017. Internal financial and monetary reforms should ensure price stability and the health of the banking system.

Honduras to improve sustainable management of forests with loan from IDB

December 15, 2016
Honduras will improve management of its forests with a $25 million loan from the Inter-American Development Bank (IDB). The project is aimed at the recovery of forests affected by weevils, strengthening the system of forest protection and enhancing access to financing linked to fighting global warming. The white pine weevil is a bark-stripping pest that devastates vast areas of forest.

Ecuador province to boost agricultural productivity with IDB support

June 27, 2013
Investment program in irrigation and rural roads for an impoverished indigenous region  Ecuador will receive a $15 million loan from the Inter-American Development Bank (IDB) for an investment program to increase agricultural productivity and improve market access for rural families in one of its poorest provinces. 

Honduras to expand coverage and quality of health services

June 17, 2013
IDB loan for $50 million will benefit child and maternal health in the country’s poorest municipalities Honduras will utilize a $50 million loan from the Inter-American Development Bank (IDB) to improve access to quality health services, especially in poor rural areas, enabling the government to double the number of beneficiaries by 2015.

More than 2,000 family farms in Argentina will increase incomes with IDB support

June 21, 2012
New program will benefit some 8,000 rural residents in the provinces of Chaco and Entre Ríos The Inter-American Development Bank (IDB) approved a loan for $30 million to Argentina to finance a program to increase incomes more than 2,000 family farms in the provinces of Chaco and Entre Ríos, of which 14 percent are managed by women heads of houshold.

IDB, Covelo Foundation to foster renewable energy use in Central America

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.

IDB’s Moreno signs projects to increase microfinance services in rural areas in Central America

October 10, 2011
Six MIF projects signed during Foromic will enhance access to micro credit, promote enterprise development and foster innovation in financial services SAN JOSÉ, Costa Rica – The Multilateral Investment Fund (MIF), a member of the IDB Group, signed contracts to invest nearly $7 million in three projects to increase and improve the offering of microfinance services to microentrepreneurs and small farmers in rural areas in Honduras, Guatemala, Costa Rica, and Nicaragua.

IDB helps Argentine rural regions boost competitiveness and exports

September 14, 2011
Program backed by the IDB since 1996 benefits farmers beyond the Pampas with projects involving productive infrastructure, extension services and agro-food businesses The Inter-American Development Bank (IDB) approved a $230 million loan to promote the development of Argentina’s non-Pampean regional rural economies by making them more competitive and increasing their exports, estimating this will benefit 17,000 farmers and 490,000 other persons in rural areas. The new loan will also benefit areas affected by an eruption of the Puyehue volcano earlier this year.