IDB seminars in Medellín to discuss impacts of global financial crisis

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.

The IDB, a partner of Colombia in development

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.

Venture capital for low-income markets

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.

Microfinance Ranking Championship League 2008

October 08, 2008
By Matthew Gerhrke, Renso Martinez and Maria Cecilia Rondon, Microfinance Information Exchange, INC. (MIX)Microfinance in Latin America and the Caribbean skyrocketed in 2007, fueled by booming demand for financial services from microentrepreneurs in the region’s fastgrowing economies along with new funding in both debt and deposit. The region and its microfinance institutions (MFIs) remained in the forefront of attractive investment opportunities.

Innovations in Tourism

October 08, 2008
POR DIEGO FONSECA

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

A home-grown solution for Latin America’s water crisis

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.

Don’t turn your back on Mother Nature

March 04, 2005
Between 1981 and 2000, Central and South America were the areas in the world  with the highest number of fatalities caused by natural disasters. The region accounted for over 100,000 deaths, more than 90 percent of the total recorded fatalities worldwide. Damage was estimated at a cost of around $24.2 billion, according to  the Landslide Observatory in the Joint Center for Earth Systems Technology at the University of Maryland and the International Landslide Centre at the University of Durham in the United Kingdom.

Archaeological excavations in Copán confirm Maya legends

November 08, 2004
Among the Maya ruins of Copán in western Honduras is a carved stone alter depicting the 16 rulers of the Maya kingdom of Copán. Mythical founder Yax Kuk Mo is shown passing a scepter-like symbol of power to the last ruler, Yax Pasah, who commissioned the altar in the 6 th century, some 200 years after the dynasty founder was said to have arrived in Copán from another city in Mesoamerica.

Service worth the price

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.