Providing Credit to Latin America’s “Missing Middle”

Tuesday, April 30, 2013 - 03:00
Join the discussion on twitter using #devthatworks There are approximately 34 million businesses in Latin America and the Caribbean, most of them small, informal, and with limited access to credit. Since they are unable to provide collateral, a reliable financial history, or accounting information, these businesses cannot meet the financial information requirements of commercial banks to obtain loans to improve and expand their operations.

How Land Titling Can Boost Access to Credit for Farmers in Ecuador

Wednesday, March 27, 2013 - 03:00
For more than 70 years, the Herrera family has owned and farmed 300 hectares in the municipality of Pimampiro in northern Ecuador. The family had a deed for the land but it provided few details about the exact property lines, which areas had been set aside as protected areas, and in which parts farming was allowed.

Banking the Unbanked in Colombia

Monday, March 4, 2013 - 03:00
Approximately 35 percent of the Colombian adult population has no access to any formal financial services and are considered “unbanked,” according to the Colombian Banking Association. Some 79 percent of adults have no access to credit cards.

Better Irrigation and Training to Improve Crop Yields in Artibonite

Monday, March 4, 2013 - 03:00
Since she was a child, Marie Bertha Alexis, a 55-year old rice farmer, dreamed of improving the lives of her friends and neighbors. She knew the only solution would come from the land in her native Artibonite river valley, Haiti’s principal agricultural region. But her efforts were stymied by decaying irrigation systems and lack of knowledge on how to best grow crops such as rice.

Learning What Works to Boost Agricultural Productivity in the Dominican Republic

Monday, March 4, 2013 - 03:00
In the Dominican Republic, the agricultural sector’s share in the economy has been in steady decline because of slowing productivity. Over the past two decades, the sector’s share has fallen from 12 percent to 7.6 percent of gross domestic product. This has constrained the government’s efforts to improve living conditions in rural areas, home to a third of the population, half of them living below the poverty line.

Haiti agriculture: growing investments

Wednesday, April 25, 2012 - 03:00
Highlights from rural development projects funded by the Inter-American Development Bank in Haiti Agriculture remains a key sector for Haiti, as half of its population lives in rural areas. Together with other donors, the IDB supports the Haitian government’s national agricultural plan, which seeks to address the sector’s structural problems. The IDB’s sector knowledge and experience from before the earthquake define its comparative strength and to make the sector a continued priority over the next four years.

IDB fuels impact investing in Latin America

Monday, February 13, 2012 - 03:00
More than $110 million of impact investing resources were mobilized by the IDB over the past 18 months to finance profitable projects that bring about social change Despite stellar economic performance in recent years, Latin America and the Caribbean still have a long way to go to address pressing development needs, such as reducing poverty, improving educational outcomes and enhancing access to reliable health services.

Two Years On, Haiti Turns a Page

Monday, January 9, 2012 - 03:00
As it approaches the second anniversary of the January 2010 earthquake, Haiti is determined to show the world that it is “open for business”

Renewable energy to power irrigation in the Atacama desert

Thursday, December 15, 2011 - 03:00
With support from the IDB, Subsole will be the first company in Chile’s fruit industry to use solar photovoltaic energy The Atacama desert is the driest place on earth and the region with the highest solar radiation on the planet. That’s where Subsole, one of the Chile’s largest locally owned exporters of table fruits, is planning its future growth, and it will use the power of solar energy and energy efficiency to achieve its goal.

Paraguay and the IDB: partners in development

Thursday, December 15, 2011 - 03:00
Paraguay is a founding member of the Inter-American Development Bank (IDB) and the Bank’s partner in development Through an ongoing process of cooperation, financing has been provided to the Paraguay to carry out major works, which have spurred the country’s economy. This year, the Bank’s portfolio of projects in execution in Paraguay totals 27 sovereign guarantee operations for $755.27 million, of which $445.9 million are pending disbursement.