IDB to help finance student loans in six Latin American countries

February 01, 2012
IDB loan to Higher Education Finance Fund will pave the way for increased student loans in Guatemala, Honduras, Dominican Republic, Peru, Bolivia, and Paraguay The Inter-American Development Bank (IDB) will help expand the access to higher education in Latin America and the Caribbean by providing a $10 million loan to the Higher Education Finance Fund, L.P. (HEFF), a regional debt fund that seeks to offer student loans through local microfinance organizations.

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

July 05, 2011
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

March 23, 2011
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.

IDB to discuss base-of-the-pyramid business models in Latin America and the Caribbean

February 14, 2011
Bank holds workshop in Washington D.C. with high level executives from more than a dozen Latin American companies on offering products and services to low-income populations The Inter-American Development Bank (IDB) is holding a workshop with several Latin American companies to discuss innovative business models that provide high-quality products and services to low-income populations in the region and improve their quality of life.

China Eximbank and IDB Expand Trade Activity

October 22, 2010
CHENGDU, China – The Export-Import Bank of China (“China Eximbank”) and the Inter-American Development Bank (“IDB”) signed a Letter of Intent to boost trade between China and Latin America and the Caribbean (“LAC”) at the China-LAC Business Summit, held in Chengdu, China, on October 21st and 22nd, 2010.

IDB, Global Partnerships to foster a new generation of microfinance investments in Latin America

October 06, 2010
MONTEVIDEO, Uruguay – The Inter-American Development Bank (IDB) and Global Partnerships, a Seattle-based non-profit organization, signed today a $5 million loan today, which will serve to capitalize the organization’s new social investment fund.

IDB loan to support innovative social investments delivered by Microfinance Institutions

December 10, 2009
The Inter-American Development Bank has approved a $5 million loan from the Opportunities for the Majority initiative, to support a $25 million fund for microenterprise that will combine lending for productive activities with innovative social investments to reduce poverty. The Fund's remaining $20 million will be supplied by other private and institutional investors.

IDB President on the Cancún Annual Meeting

March 10, 2009
IDB Annual Meetings often present an opportunity to set the course for the coming months and even years. What are some of the key issues at this annual meeting in Cancun?

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.

IDB Group supports Guatemalan bank's expansion into microfinance

December 10, 2008
The Inter-American Development Bank Group will provide up to US$70 million in loans to Banco G&T Continental (G&TC) of Guatemala to support the expansion of credit for microenterprises and small businesses. G&TC, Guatemala’s second largest commercial bank in terms of assets, started a “downscaling” process to serve microentrepreneurs in 2006 with assistance from the IDB’s Multilateral Investment Fund, a leader in promoting microfinance in Latin America and the Caribbean.