Artificial intelligence to boost Latin American and Caribbean economies: IDB study

Wednesday, August 29, 2018 - 11:43
Study also urges governments to anticipate consequences of artificial intelligence in labor markets BUENOS AIRES – Artificial intelligence can facilitate trade negotiations and add one additional percentage point of growth to Latin American and the Caribbean economies, according to a study by the Inter-American Development Bank (IDB).

The trade slowdown in Latin America and the Caribbean is more intense than in the rest of the world

Thursday, November 17, 2016 - 03:00
South American and Caribbean countries were the most affected. Following two years in a downward trajectory, the value of Latin American exports fell 14.8 percent in 2015, and 8.5 percent in the first seven months of 2016, according to the Trade and Integration Monitor 2016 of the Inter-American Development Bank.

IDB supports access to home improvement financing for low-income families in El Salvador

Tuesday, June 24, 2014 - 03:00
$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. 

ProCredit gets $2 million IDB loan to finance communal water projects in El Salvador

Friday, January 27, 2012 - 03:00
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.

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

Thursday, October 27, 2011 - 03:00
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 closes $19 million syndicated loan with impact investors to revamp municipal markets in El Salvador

Tuesday, September 6, 2011 - 03:00
Oikocredit, VDK Spaarbank and BANK IM BISTUM ESSEN eG to finance innovative program for centers of small-scale businesses by Fedecrédito The Inter-American Development Bank (IDB) has closed a $19 million syndicated loan with three impact investors to support a new credit facility that will finance the revamping of municipal marketplaces in El Salvador.

IDB closes $3.6 million syndicated loan to provide access to finance for smallholder farmers

Tuesday, July 5, 2011 - 03:00
As many as 10,000 small farmers in nine countries to benefit from IDB loan to FOPEPRO The Inter-American Development Bank (IDB) has closed a $3.6 million loan to provide access to finance for smallholder producer groups and farmers associations in nine Latin American countries through a loan to the “Fund for Small Rural Producers in Latin America” or “Fondo para los Pequeños Productores Rurales en América Latina (FOPEPRO)."

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.

El Salvador modernizes municipal markets with IDB assistance

Tuesday, December 7, 2010 - 03:00
El Salvador will upgrade its municipal markets operations with a $10 million loan from the Inter-American Development Bank’s Opportunities for the Majority initiative, coupled with an additional loan of up to $10 million to be syndicated to international lenders.

IDB financing expands access to housing solutions in El Salvador

Thursday, August 6, 2009 - 03:00
The Inter-American Development Bank approved a $7 million loan for El Salvador, through its Opportunities for the Majority facility, aimed at helping the country’s low-income population address their housing needs by expanding their access to credit.