International BASE Forum conference to focus on the business potential of the low-income market in Mexico
June 03, 2015
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
May 12, 2015
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.
June 25, 2014
Report outlines innovative schemes that invigorate the market, with private sector participation
June 28, 2011
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.
March 23, 2011
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.
December 16, 2009
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.
December 10, 2008
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.
December 04, 2007
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.
December 11, 2006
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.
June 13, 2006
Latin America should carry out microeconomic reforms to clear the path for more poor people to join the middle class, instead of locking itself in a debate over fiscal discipline and social spending, former U.S. president Bill Clinton said today. In a public dialogue with the president of the Inter-American Development Bank, Luis Alberto Moreno, Clinton also commented on current issues such as immigration, alternative energy sources, climate change and the fight against AIDS.