March 27, 2013
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.
March 23, 2009
The Inter-American Development Bank (IDB) is promoting the discussion and analysis of the impacts of the global financial crisis in Latin America and the Caribbean during seminars in Medellín, Colombia, related to the 50th Annual Meeting of the Bank'sBoard of Governors. The discussions will feature government leaders such as Colombian President Alvaro Uribe, Zhou Xiaochuan and governor of the People’s Bank of China, as well as noted experts such as Robert Merton, a Nobel Prize-winner economist.
March 17, 2009
Since the mid-1990s the Inter-American Development Bank (IDB) has been the leading source of multilateral financing for Colombia. Over the last 50 years, the IDB has approved more than US$14.8 billion in loans and non-refundable technical cooperation projects for Colombia. Throughout its history, the IDB has supported the Colombian government and private sector in key development areas such as infrastructure, state modernization and reform, small and medium enterprise, agriculture, energy, climate change and environmental protection.
February 26, 2009
Investing in housing, healthcare, education, basic utilities and nutrition can not only fulfill a social mission, but it can also be a profitable business venture. This is the concept of IGNIA Fund, which will channel venture capital resources to fund commercially viable growth companies serving the “base of the pyramid,” those persons in Latin America and the Caribbean earning less than $3,260 a year. The IGNIA Fund selects projects with the potential to be expanded on a larger scale, thereby increasing the social and economic impact.
December 14, 2008
At the far southern margins of Quito, Ecuador’s capital city, the normal sequence of residential development has been turned on its head. Typically, the low-income neighborhoods that spring up on the outskirts of Latin America’s biggest cities follow a dismal pattern. First come the squatters who erect improvised shelters. Eventually the municipality plows basic dirt roads and individual families make structural improvements to their homes. Years later electricity cables and even telephone connections are installed.
A hand up for small and medium-sized businesses in Central America, Panama and the Dominican Republic
January 26, 2007
The Inter-American Investment Corporation (IIC), a member of the Inter-American Development Bank (IDB) Group, will launch FINPYME (Financiación Innovadora de PYME), an innovative program for financing small and medium-size companies, in five Central American countries, Panama, and the Dominican Republic starting February 1. The initiative seeks to improve access to financing for smaller companies
March 01, 2006
By Luis Alberto Moreno*As delegates gathered at the IV World Water Forum in Mexico City earlier this month, many were asking whether the private sector still has a role to play in solving the critical sanitation problems of the developing world.
September 06, 2005
Remittances and a cross-border network of businesses, nonprofits, credit unions, microfinance institutions and other financial players are connected through a debit and stored-value card platform that has one very simple result: everybody wins. The business model, combining efficient use of technology with cheaper remittances transactions and better business for financial institutions, was presented at IDB headquarters by UCLA professor and successful entrepreneur Raúl Hinojosa.
September 01, 2004
By Paul Constance, Puerto Cortés“He transformed a malodorous swamp into a modern and progressive city.” That’s how a leading Honduran daily recently summed up the political legacy of Marlon Lara, a young mayor who has run the Caribbean city of Puerto Cortés since 1994. But while “malodorous swamp” might be a metaphor for any number of social ills, the newspaper was referring, literally, to water and sanitation projects that became the hallmark of Lara’s administration.
July 01, 2004
By Paul Constance, San Pedro Sula, HondurasDepending on whom you ask, San Pedro Sula’s water system is either a remarkable success or a cautionary tale. The basic facts are not in dispute. Between 1999 and 2003, the number of homes with residential water service in San Pedro Sula increased from 84 percent to 93 percent, thanks to the installation of 13,600 new connections. The proportion of tap water receiving proper sanitary treatment rose from 22 percent to 80 percent. Water pressure and continuity increased throughout the system.