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.

IDB ramps up financing for green projects in Latin America and the Caribbean

Friday, March 16, 2012 - 03:00
Participate in Twitter using #IDBmtg Bank approved record $736 million in loans last year for private sector projects in renewable energy and energy efficiency The Inter-American Development Bank (IDB) is ramping up lending for private sector projects related to renewable energy and energy efficiency to help bridge the gap for long-term financing for green investments in Latin America and the Caribbean.

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.

Innovation is the key to sustainable development in Latin America and the Caribbean

Monday, November 8, 2010 - 03:00
The countries of Latin America and the Caribbean are making comparatively low investments in research and development, and the region’s private sector is also comparatively under-represented in R&D spending, according to a new study by the Inter-American Development Bank. Through a comparative analysis of R&D investments in developed countries, the study, entitled “The need to innovate,” concludes that companies in Latin America and the Caribbean have favored technology procurement strategies instead of promote endogenous generation of technology and new ideas.

Guatemala makes strides in protecting Maya Biosphere Reserve with IDB support

Friday, May 21, 2010 - 03:00
The Inter-American Development Bank (IDB) is helping Guatemala advance in its efforts to protect and sustainably develop the Maya Biosphere Reserve, Central America’s largest protected area.

Indigenous communities in Central America use traditions to protect biodiversity

Friday, May 21, 2010 - 03:00
Not long ago, José López Hernández, a member of the Oxlajuj No'j tribe, would readily take his axe to chop down trees in the town of Santa María de Jesús in the heart of Guatemala.

Sustainable energy for Haiti, Bahamas and Barbados

Friday, May 21, 2010 - 03:00
Tens of thousands of Haitians who lost their homes in Port-au-Prince have left the city and migrated to rural villages or temporary encampments. International aid organizations are currently helping to construct clinics, schools, administrative centers and warehouses in some of these villages, which are located in remote areas without access to basic services.

MIF: 10 years working on remittances

Monday, May 3, 2010 - 03:00
Priscilla Murphy, Mexico City Ten years ago, remittances made home by immigrants abroad already were a major economic factor in Latin America and the Caribbean. However, these flows were largely unnoticed, literally hidden in plain sight.