IDB launches cartoon and illustration contest on the future of work

February 25, 2019
The competition seeks the most creative cartoonists and illustrators in Latin America and the Caribbean; entries accepted through March 31, 2019 The Inter-American Development Bank (IDB) announces the launching of its third edition of the Cartoon and Illustration Contest under the theme The Future of Work.

Challenges and opportunities for creative entrepreneurs revealed in IDB study

September 13, 2018
Launching an Orange Future analyzes the situation of creative and cultural entrepreneurs in the region Around 70% of creative entrepreneurships fail because of bad financial planning, lack of understanding of the market and poor cash flow, according Launching an Orange Future, the new e-book released by the Inter-American Development Bank (IDB) in collaboration with the Failure Institute.

Barranquilla, Colombia to host Foromic 2018

August 30, 2018
The Colombian city of Barranquilla will host the leading event on financial inclusion and business development trends in Latin America and the Caribbean The IDB Group, through its innovation lab MIF, will hold the 21st edition of Foromic, the most important annual event on financial inclusion and business development in the Latin American and Caribbean region.

Uruguay to implement new national tourism program

November 30, 2016
IDB will provide support with a $20 million line of credit; the first $5 million tranche will benefit 12 cities and towns along the Uruguay River corridor The Inter-American Development Bank (IDB) has approved a line of credit for $20 million in investment projects to finance national tourism development in Uruguay. As part of this effort, the IDB gave the green light to a first $5 million disbursal for the Tourism Corridor Development Program, which will help 12 cities and towns along the Uruguay River corridor and their 275,000 residents.

IDB and INTAL announce the winners of the INTALent competition on creative industries

August 03, 2016
The Institute for the Integration of Latin America and the Caribbean (INTAL), from the Integration & Trade sector of the Inter-American Development Bank announced the winners of INTALENT, a competition for innovators in creative industries with regional impact.

IDB to support BOP families in the Dominican Republic with access to credit for home improvements

February 05, 2015
Loan of up to $5 million has mobilized an additional $5 million through a B-loan syndication The Inter-American Development Bank (IDB) has approved a loan of up to $5 million to Banco Multiple Ademi, a leading financial institution in the Dominican Republic with 60 percent of the microfinance market share, for on-lending to an estimated 5,000 Base of the Pyramid (BOP) families in need of home improvement financing.

Uruguay’s Microfin to expand access to financial services to microenterprises with IDB support

September 20, 2012
25,000 microentrepreneurs expected to gain access to working capital Microfin will get a partial credit guarantee for 51.4 million Uruguayan pesos from the Inter-American Development Bank (IDB), paving the way for one of Uruguay’s leading microfinance institutions to expand access to financial services for as many as 25,000 microentrepreneurs who own small stores in periurban areas.

IDB to help finance student loans in six Latin American countries

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.

Dominican Republic to develop its Colonial City as a tourist destination with IDB help

October 07, 2011
A $30 million loan will boost the tourism production chain in the Dominican capital and generate income for residents The Dominican Republic will promote tourism in the Colonial City of Santo Domingo to generate income and create jobs for the capital’s residents, in an program financed with a $30 million loan approved by the Inter-American Development Bank (IDB).

IDB to support expansion of CEMEX microfinance program for low-income families

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.