Supply of infrastructure and services
Finance multi-sector projects granted to intermediary financial institutions (IFIs) or similar agencies in the borrowing countries to enable them to on-lend to end- borrowers (sub-borrowers) for the financing of multi-sector projects, and when their size does not warrant direct Bank handling. GCR aim to: (i) increase access to credit for small and medium-sized enterprises, aligned with the Bank’s direct operations; (ii) encourage financial institutions to mobilize domestic and external savings, promoting efficient resource allocation and strengthening national capital markets; and (iii) enhance financial institutions' technical and managerial capacities for long-term viability.
Examples: Increasing productivity of women-owned businesses through investments in innovation and entrepreneurship.
Lending rate: SOFR base rate + IDB Ordinary Capital variable lending spread:
SOFR base rate is USD SOFR daily overnight compounded rate + IDB's funding margin. Funding margin for 1st quarter 2026 is 41 bps.
IDB’s Ordinary Capital lending spread - for 2026 is 80 bps.
Fees: Commitment fee 50 bps; applicable on undisbursed loan amount and starts to accrue 60 days after loan contract signature.
Interest and Currency conversion options are available.
For applicable loan charges and conversion option fees, please refer to www.iadb.org/rates
Flexible repayment options subject to a maximum maturity of 25 years, and maximum Weighted Average Life (WAL) of 15.25 years.
Standard Grace Period: 5.5 years.
Standard amortization schedule (semiannual, straight-line payments), bullet repayment structures, extended grace periods, uneven amortization schedules, and shorter repayment periods are available without additional cost.
Investments with defined objectives and scopes
Specific Investment Loans
(ESP)
Contingent credit line for immediate response after a disaster
Contingent Credit Facility for Natural-Disaster and Public-Health Emergencies
(CCF)
Results of an existing or new government program
Loan Based on Results
(LBR)
Post-disaster response activities
Immediate Response Facility for Emergencies caused by disasters
(IRF)
Small independent investment projects
Multiple Works Loans
(GOM)
Loans to small and medium-size enterprises
Global Credit Loans
(GCR)
Transfer of technical know-how
Reimbursable Technical Cooperation
(TCR)
Project's preparation and start of activities
Project Preparation and Execution Facility
(PROPEF)
Risk of investment projects
Partial Credit Guarantees
(PCG)
Sovereign non-performance risks leading to debt default
Political Risk Guarantees
(PRG)
Credit line to support investment loans
Conditional Credit Line for Investment Projects
(CCLIP)
The project aimed to enhance access to medium and long-term financing for MSMEs in Brazil. Executed through BNDES, the initiative channeled $750 million to support productive investments by MSMEs, fostering growth, job creation, and productivity. The funds were distributed via innovative digital platforms and financial agents, reaching 20,971 beneficiaries.
The program strengthened financial inclusion for MSMEs, with a 99.5% increase in digital channel use for credit access. It also improved credit distribution in vulnerable regions, achieving 27.9% of total credit. The initiative contributed to a 4% employment growth and 3-5% revenue increase for supported MSMEs. Additionally, 15% of beneficiaries were women-led enterprises, and $242.3 million was allocated to socially vulnerable areas. The digital transformation of BNDES further streamlined financial processes, promoting long-term financial sustainability.
This project supported the sustainability of Micro, Small, and Medium Enterprises (MSMEs) in Uruguay during the COVID-19 crisis. With $80 million in funding, the program aimed to improve short-term financial stability and promote economic recovery for MSMEs through enhanced access to credit guarantees. It was executed by CONAFIN AFISA and provided guarantees for both short-term liquidity and medium-term recovery financing, achieving a remarkable allocation of all funds within three months.
The program bolstered MSME resilience, maintaining employment levels and supporting financial stability during the pandemic. It allocated $80 million to credit guarantees, leveraged to secure $370.5 million in loans. Notably, the program reduced the relative arrears rate to 0.82% within 18 months, outperforming expectations. It facilitated better loan conditions, including longer terms and lower interest rates, resulting in significant financial relief. Additionally, it demonstrated an innovative approach to leveraging public-private mechanisms to protect vulnerable sectors during crises.
"Investment loans finance goods, works, and services for projects or sub projects that promote social and economic development. At loan approval, the cost of the project, its design, and technical, financial and economic feasibility have been estimated. Investment loans are dimensioned based on the cost required to achieve the project’s development objectives and they disburse against specific eligible expenditures identified as inputs necessary to achieve the project’s objectives."
Typically used: Enhanced access to water and sanitation services by rehabilitating distribution networks, building storage tanks, and upgrading pumping stations.
Lending rate: SOFR base rate + IDB Ordinary Capital variable lending spread:
SOFR base rate is USD SOFR daily overnight compounded rate + IDB's funding margin.
Funding margin for 1st quarter 2026 is 41 bps.
IDB’s Ordinary Capital lending spread - for 2026 is 80 bps.
Fees: Commitment fee 50 bps; applicable on undisbursed loan amount and starts to accrue 60 days after loan contract signature.
Interest and Currency conversion options are available.
For applicable loan charges and conversion option fees, please refer to www.iadb.org/rates
Flexible repayment options subject to a maximum maturity of 25 years, and maximum Weighted Average Life (WAL) of 15.25 years.
Standard Grace Period: 5.5 years.
Standard amortization schedule (semiannual, straight-line payments), bullet repayment structures, extended grace periods, uneven amortization schedules, and shorter repayment periods are available without additional cost.
The program transformed the lives of 1,727 families in San Salvador’s urban settlements by tackling flood risks, improving water and sanitation access, and fostering social inclusion. Structural investments and community interventions enhanced the safety, health, and living conditions for residents of these settlements.
The program ensured safer homes and healthier lives for families. 1,727 households were provided with access to clean water and sanitation, reducing illnesses. Public spaces were revitalized, creating safe areas for children and families. As a result, property values rose by 33%, boosting economic stability. Flood and landslide risks were entirely mitigated, offering lasting resilience.
The project strengthened Ecuador's National Transmission System (SNT) by constructing 270 km of transmission lines and expanding substation capacity by 1,796.37 MVA. These investments enhanced energy transmission capacity, supported the country’s growing demand, and improved service reliability for users across the nation.
The project delivered significant improvements to Ecuador's energy infrastructure, increasing effective transmission capacity by 1,037.58 MVA and meeting an additional 395 MW of energy demand. It expanded the energy network with modernized substations and transmission lines, improving reliability and operational efficiency to support sustainable energy development in the country.
Finances groups of similar works (a sample of which are fully defined) with the following characteristics: (i) they are physically similar but independent of each other; (ii) their feasibility does not depend on the execution of any number of the works projects; and (iii) their individual size does not warrant direct Bank handling.
Examples: Financing infrastructure and basic services in numerous rural areas.
Lending rate: SOFR base rate + IDB Ordinary Capital variable lending spread:
SOFR base rate is USD SOFR daily overnight compounded rate + IDB's funding margin. Funding margin for 1st quarter 2026 is 41 bps.
IDB’s Ordinary Capital lending spread - for 2026 is 80 bps.
Fees: Commitment fee 50 bps; applicable on undisbursed loan amount and starts to accrue 60 days after loan contract signature.
Interest and Currency conversion options are available.
For applicable loan charges and conversion option fees, please refer to www.iadb.org/rates
Flexible repayment options subject to a maximum maturity of 25 years, and maximum Weighted Average Life (WAL) of 15.25 years.
Standard Grace Period: 5.5 years.
Standard amortization schedule (semiannual, straight-line payments), bullet repayment structures, extended grace periods, uneven amortization schedules, and shorter repayment periods are available without additional cost.
Investments with defined objectives and scopes
Specific Investment Loans
(ESP)
Contingent credit line for immediate response after a disaster
Contingent Credit Facility for Natural-Disaster and Public-Health Emergencies
(CCF)
Results of an existing or new government program
Loan Based on Results
(LBR)
Post-disaster response activities
Immediate Response Facility for Emergencies caused by disasters
(IRF)
Small independent investment projects
Multiple Works Loans
(GOM)
Loans to small and medium-size enterprises
Global Credit Loans
(GCR)
Transfer of technical know-how
Reimbursable Technical Cooperation
(TCR)
Project's preparation and start of activities
Project Preparation and Execution Facility
(PROPEF)
Risk of investment projects
Partial Credit Guarantees
(PCG)
Sovereign non-performance risks leading to debt default
Political Risk Guarantees
(PRG)
Credit line to support investment loans
Conditional Credit Line for Investment Projects
(CCLIP)
PROSAMIM III aimed to improve the living conditions of 148,872 residents in Manaus, focusing on environmental, urban, and social challenges. The program addressed flood risk, inadequate sanitation, and precarious housing in the São Raimundo Basin through drainage, sanitation infrastructure, urban planning, and social support initiatives. Over $259 million was invested to create sustainable and resilient communities.
The program significantly enhanced environmental and urban conditions. It reduced flood-prone areas by 53.8 hectares and provided 27,505 households with wastewater connections to the network. It improved water quality indicators and supported public health efforts, including a 17.3% reduction in parasitic infections among schoolchildren. PROSAMIM III fostered community engagement and sustainability through local governance initiatives and education campaigns. The program successfully mitigated risks to vulnerable populations and promoted social and environmental resilience in Manaus.
This program focused on improving the productivity and competitiveness of the San Juan province by addressing key challenges such as limited access to credit, inefficient transportation infrastructure, and suboptimal water resource management. The initiative targeted small producers and businesses, aiming to shift production from traditional to higher-value crops and increase export capacity. The $38.3 million project integrated credit access, road rehabilitation, and irrigation improvements to achieve its goals.
The program delivered substantial results in enhancing productivity and infrastructure in San Juan. Credit access improvements led to a 46.05% increase in sales among beneficiaries compared to non-beneficiaries, while road rehabilitation reduced travel times by 81% and vehicle operating costs by 49%. Irrigation interventions increased user satisfaction by 18% and expanded access to water-efficient technologies. The initiative fostered innovation, supported the transition to high-value crops, and achieved a 118% increase in cultivated non-traditional crop areas. Despite challenges with innovation adoption, the project exceeded its goals for productivity and infrastructure development.
Finance the achievement of results of new or existing Government programs. The LBR is an investment loan that finances the costs of activities (goods, works, and services) associated with the achievement of such results and/or institutional capacity strengthening products associated with the overall achievement of the results, and that disburses once these results and/or institutional capacity strengthening products have been achieved and independently verified. During preparation and execution, focus is placed strengthening countries' systems and fostering a management culture based on results.
Examples: Program to promote new housing strategies for low-income population or a program to support a Digital Government Strategy.
Lending rate: SOFR base rate + IDB Ordinary Capital variable lending spread:
SOFR base rate is USD SOFR daily overnight compounded rate + IDB's funding margin. Funding margin for 1st quarter 2026 is 41 bps.
IDB’s Ordinary Capital lending spread - for 2026 is 80 bps.
Fees: Commitment fee 50 bps; applicable on undisbursed loan amount and starts to accrue 60 days after loan contract signature.
Interest and Currency conversion options are available.
For applicable loan charges and conversion option fees, please refer to www.iadb.org/rates
Flexible repayment options subject to a maximum maturity of 25 years, and maximum Weighted Average Life (WAL) of 15.25 years.
Standard Grace Period: 5.5 years.
Standard amortization schedule (semiannual, straight-line payments), bullet repayment structures, extended grace periods, uneven amortization schedules, and shorter repayment periods are available without additional cost.
Investments with defined objectives and scopes
Specific Investment Loans
(ESP)
Contingent credit line for immediate response after a disaster
Contingent Credit Facility for Natural-Disaster and Public-Health Emergencies
(CCF)
Results of an existing or new government program
Loan Based on Results
(LBR)
Post-disaster response activities
Immediate Response Facility for Emergencies caused by disasters
(IRF)
Small independent investment projects
Multiple Works Loans
(GOM)
Loans to small and medium-size enterprises
Global Credit Loans
(GCR)
Transfer of technical know-how
Reimbursable Technical Cooperation
(TCR)
Project's preparation and start of activities
Project Preparation and Execution Facility
(PROPEF)
Risk of investment projects
Partial Credit Guarantees
(PCG)
Sovereign non-performance risks leading to debt default
Political Risk Guarantees
(PRG)
Credit line to support investment loans
Conditional Credit Line for Investment Projects
(CCLIP)
This program improved healthcare accessibility and emergency response capacity, including COVID response, in Buenos Aires Province. It upgraded 66 primary care centers to meet service standards, implemented electronic health records in 67 centers, and enhanced emergency response systems in 105 municipalities. The program also expanded oncology and palliative care services, improving the health care coverage of 75,578 individuals.
The program significantly strengthened the delivery of healthcare in Buenos Aires Province. Key achievements include upgrading 66 primary care centers to meet standards, improving quality of care, and implementing electronic health records in 67 centers. Emergency services were enhanced in 105 municipalities, reducing average emergency wait times between triage and medical consultation from 359.3 minutes to 56.8 minutes. Additionally, the availability of oncology care was improved, with 80% of requested cancer drugs dispensed within 30 days, and 3,400 palliative care patients receiving regular medication, an increase surpassing the target.
This project enhanced Chile’s public education by establishing the Public Education Directorate and 11 Local Education Services. It improved governance, leadership, and pedagogical support, benefiting 184,485 students.
The program strengthened public education management by transitioning responsibilities from municipalities to Local Education Services. This transition helped reduce inefficiencies and improve service delivery. Key achievements include the creation and implementation of pedagogical support plans in 100% of Local Education Services, benefiting 184,485 students, and the professionalization of leadership roles, helping to increase accountability and foster measurable improvements in the quality of education.
Finances individual operations under a global line of credit. Aims to (i) strengthen the preparation of projects in the Bank's operational program; (ii) increase support to encompass financing for project start-up activities prior to the first disbursement and to lay the groundwork for institutional sustainability. The funds can also be used to encourage ex-post evaluation to measure development impacts.
Loan dimension: Individual operations are capped at US$5million
Examples: Conducting pre-feasibility studies and design as well as other required studies needed as for a loan to improve access to health services.
Lending rate: SOFR base rate + IDB Ordinary Capital variable lending spread:
SOFR base rate is USD SOFR daily overnight compounded rate + IDB's funding margin. Funding margin for 1st quarter 2026 is 41 bps.
IDB’s Ordinary Capital lending spread - for 2026 is 80 bps.
Fees: Commitment fee 50 bps; applicable on undisbursed loan amount and starts to accrue 60 days after loan contract signature.
Financial terms applicable to the potential new loan are the same applicable to any Investment loan.
For applicable loan charges and conversion option fees, please refer to www.iadb.org/rates
If after the pre-feasibility studies, the project is deemed to be able to be executed and therefore a new loan for this purpose is approved, the first disbursement under the approved loan is done to repay principal interest and fees under the Project Preparation and Execution Facility.
If no new loan is approved, then the Borrower would need to repay the IDB all disbursed amounts and charges in a period of 5 years.
Investments with defined objectives and scopes
Specific Investment Loans
(ESP)
Contingent credit line for immediate response after a disaster
Contingent Credit Facility for Natural-Disaster and Public-Health Emergencies
(CCF)
Results of an existing or new government program
Loan Based on Results
(LBR)
Post-disaster response activities
Immediate Response Facility for Emergencies caused by disasters
(IRF)
Small independent investment projects
Multiple Works Loans
(GOM)
Loans to small and medium-size enterprises
Global Credit Loans
(GCR)
Transfer of technical know-how
Reimbursable Technical Cooperation
(TCR)
Project's preparation and start of activities
Project Preparation and Execution Facility
(PROPEF)
Risk of investment projects
Partial Credit Guarantees
(PCG)
Sovereign non-performance risks leading to debt default
Political Risk Guarantees
(PRG)
Credit line to support investment loans
Conditional Credit Line for Investment Projects
(CCLIP)
Transfers technical know-how to strengthen the capacity of entities in developing countries and requires repayment like a regular investment loan. Finances pre-investment activities or other loan preparation and execution activities. The provisions pertaining to loan operations will govern reimbursable TC operations.
Examples: Projects that support better implementation of policies or strengthen institutional capacity, financing pre-investment projects and promoting public-private partnerships.
Lending rate: SOFR base rate + IDB Ordinary Capital variable lending spread:
SOFR base rate is USD SOFR daily overnight compounded rate + IDB's funding margin. Funding margin for 1st quarter 2026 is 41 bps.
IDB’s Ordinary Capital lending spread - for 2026 is 80 bps.
Fees: Commitment fee 50 bps; applicable on undisbursed loan amount and starts to accrue 60 days after loan contract signature.
Interest and Currency conversion options are available.
For applicable loan charges and conversion option fees, please refer to www.iadb.org/rates
Flexible repayment options subject to a maximum maturity of 25 years, and maximum Weighted Average Life (WAL) of 15.25 years.
Standard Grace Period: 5.5 years.
Standard amortization schedule (semiannual, straight-line payments), bullet repayment structures, extended grace periods, uneven amortization schedules, and shorter repayment periods are available without additional cost.
Investments with defined objectives and scopes
Specific Investment Loans
(ESP)
Contingent credit line for immediate response after a disaster
Contingent Credit Facility for Natural-Disaster and Public-Health Emergencies
(CCF)
Results of an existing or new government program
Loan Based on Results
(LBR)
Post-disaster response activities
Immediate Response Facility for Emergencies caused by disasters
(IRF)
Small independent investment projects
Multiple Works Loans
(GOM)
Loans to small and medium-size enterprises
Global Credit Loans
(GCR)
Transfer of technical know-how
Reimbursable Technical Cooperation
(TCR)
Project's preparation and start of activities
Project Preparation and Execution Facility
(PROPEF)
Risk of investment projects
Partial Credit Guarantees
(PCG)
Sovereign non-performance risks leading to debt default
Political Risk Guarantees
(PRG)
Credit line to support investment loans
Conditional Credit Line for Investment Projects
(CCLIP)
This program aimed to strengthen public-private partnerships (PPPs) in Colombia by developing a robust regulatory framework, enhancing institutional capacity, and supporting private participation in infrastructure projects. The initiative supported the structuring and implementation of PPPs, with 864 projects registered in the national PPP registry, including productive and social infrastructure sectors. It targeted better governance, increased investment efficiency, and long-term infrastructure development.
The program exceeded its targets, structuring 23 projects across productive and social infrastructure sectors and institutionalizing a dedicated PPP unit in Colombia’s National Planning Department (DNP). It also contributed to registering 864 PPP projects in the national registry. Private investment in infrastructure increased to 2.84% of GDP, surpassing the 2.1% target. Regulatory advancements included 11 approved norms and guidelines, enhancing Colombia’s PPP maturity. The program promoted knowledge transfer, training over 750 individuals and fostering long-term capacity building. It significantly improved Colombia’s score in the Infrascope index, ranking among the top-performing countries in Latin America.
The Suriname Business Climate and Innovation Program (SUBCIP) aimed to strengthen the country's economic competitiveness and promote private sector participation by implementing institutional reforms and supporting small and medium enterprises (SMEs). With a total funding of $20.7 million, the program introduced legislative and regulatory changes, established new institutions such as the Competitiveness Unit Suriname (CUS), and supported innovation initiatives, including the Pilot Fund for Innovation and the FabLab.
The program achieved significant milestones, including enacting eight pieces of legislation to streamline business regulations and improve governance. It supported the creation of 892 new firms annually, reducing the time to start a business from 204 days to 66 days. Intellectual property registrations increased by 10%, and the CUS strengthened public-private dialogue, enabling long-term collaboration on economic reforms. Innovation initiatives led to a 44% increase in firms introducing new products or services. The FabLab spin-offs and the Pilot Fund stimulated local entrepreneurship, directly supporting 16 innovation projects, 94% of which remained operational six months post-completion.
Type of risk
PCGs credit-enhance all or a portion of the funding provided by private financiers, such as the repayment of loans, bonds or other debt financing instruments, and can be designed to cover any category of risk, including financing risk, construction risk, operation risk, fuel supply risk, hydrologic risk, and other project risks, which could ultimately trigger a debt payment default to credits.
As such, PCGs can support the mobilization of private funds for project finance, financial intermediation, government borrowing from commercial lenders, or government bond issues to finance public investment projects by improving financial terms and conditions, such as longer maturity, more favorable pricing, or improved market access.
Type of risk
PRGs cover the risk of non-performance by the sovereign, or a government-owned entity of certain contractual obligations undertaken in relation to a private party, which could ultimately trigger a debt payment default to creditors. PRGs typically cover currency convertibility and transferability, and contract frustration.
PRGs are particularly useful in project finance transactions, especially in sectors like infrastructure, where project success often depends on government undertakings.
PRGs can be especially effective in attracting private financing to projects, traditionally in the context of Public-Private Partnerships (PPPs), by mitigating risks related to a sovereign or government’s failure to meet its contractual obligations to private parties.
Based on the principle of net income neutrality with loans, i.e. no cross-subsidies between loans and guarantees:
Period: Max. 20 years if tied to policy-based interventions or Max. 25 years if supporting investment projects.
Weighted Average Life (WAL) of underlying guaranteed obligation:
Max. 12.75 years if tied to policy-based interventions or Max. 15.25 years if supporting investment projects.
Fees:
Guarantee Fee: Same as the IDB’s Ordinary Capital (OC) lending spread (80bps for 2025).
Stand-by Fee: Same as the commitment fee rate (50 bps for 2025). Charged on the difference between the maximum guarantee amount and the actual guaranteed exposure amount.
Reimbursement of Claim: Payable upon demand unless otherwise determined by the Bank on a case-by-case basis.
Investments with defined objectives and scopes
Specific Investment Loans
(ESP)
Contingent credit line for immediate response after a disaster
Contingent Credit Facility for Natural-Disaster and Public-Health Emergencies
(CCF)
Results of an existing or new government program
Loan Based on Results
(LBR)
Post-disaster response activities
Immediate Response Facility for Emergencies caused by disasters
(IRF)
Small independent investment projects
Multiple Works Loans
(GOM)
Loans to small and medium-size enterprises
Global Credit Loans
(GCR)
Transfer of technical know-how
Reimbursable Technical Cooperation
(TCR)
Project's preparation and start of activities
Project Preparation and Execution Facility
(PROPEF)
Risk of investment projects
Partial Credit Guarantees
(PCG)
Sovereign non-performance risks leading to debt default
Political Risk Guarantees
(PRG)
Credit line to support investment loans
Conditional Credit Line for Investment Projects
(CCLIP)
This project will help reduce the housing deficit in Ecuador by providing mortgage loans for affordable housing through intermediate financial institutions.
The project’s overall impact is to increase access to Public-Interest Housing (PIH) for families with the ability to pay by providing mortgage loan solutions. Among other outcomes and impacts, the project placed US$300 million of PIH loans through private banks and local entities between 2019-2022. It also increased the percentage of women over 15 with an active mortgage loan to 6%. In addition, it increased the value-added in construction activities in the PIH segment to US$68.2 million between 2020-2022, while increasing mortgage loans for PIH in relation to total mortgage loans to 12.6% over the same period.
This project will promote reforms towards a more productive and healthier ocean in Bahamas through several aspects of the Blue Economy: promoting MSMEs, digitalization and blue bond financing, while improving resilience through enhanced climate risk management in coastal and offshore areas, including better management of marine resources and reducing marine pollution.
The reforms included in this program will benefit firms operating in the Blue Economy by improving the business and investment climate for ocean related economic activities, and by promoting better management practices that improve the sustainability of marine resources that those firms harvest. This will also benefit Bahamian citizens and firms by promoting reforms that will reduce marine pollution. Among other outcomes and impacts, the reforms supported 249 MSMEs in the Blue Economy, and 1,666 employees benefitting from them. Likewise, the Ocean Health Index (OHI) increased to 85.5, while the Illegal, Unreported and Unregulated (IUU) Fishing Index decreased to 1.97, as the annual revenue from flat fishing licenses and permits issuance increased to US$154,000.
Type of risk
PCGs credit-enhance all or a portion of the funding provided by private financiers, such as the repayment of loans, bonds or other debt financing instruments, and can be designed to cover any category of risk, including financing risk, construction risk, operation risk, fuel supply risk, hydrologic risk, and other project risks, which could ultimately trigger a debt payment default to credits.
As such, PCGs can support the mobilization of private funds for project finance, financial intermediation, government borrowing from commercial lenders, or government bond issues to finance public investment projects by improving financial terms and conditions, such as longer maturity, more favorable pricing, or improved market access.
Type of risk
PRGs cover the risk of non-performance by the sovereign, or a government-owned entity of certain contractual obligations undertaken in relation to a private party, which could ultimately trigger a debt payment default to creditors. PRGs typically cover currency convertibility and transferability, and contract frustration.
PRGs are particularly useful in project finance transactions, especially in sectors like infrastructure, where project success often depends on government undertakings.
PRGs can be especially effective in attracting private financing to projects, traditionally in the context of Public-Private Partnerships (PPPs), by mitigating risks related to a sovereign or government’s failure to meet its contractual obligations to private parties.
Based on the principle of net income neutrality with loans, i.e. no cross-subsidies between loans and guarantees:
Period: Max. 20 years if tied to policy-based interventions or Max. 25 years if supporting investment projects.
Weighted Average Life (WAL) of underlying guaranteed obligation:
Max. 12.75 years if tied to policy-based interventions or Max. 15.25 years if supporting investment projects.
Fees:
Guarantee Fee: Same as the IDB’s Ordinary Capital (OC) lending spread (80bps for 2025).
Stand-by Fee: Same as the commitment fee rate (50 bps for 2025). Charged on the difference between the maximum guarantee amount and the actual guaranteed exposure amount.
Reimbursement of Claim: Payable upon demand unless otherwise determined by the Bank on a case-by-case basis.
Investments with defined objectives and scopes
Specific Investment Loans
(ESP)
Contingent credit line for immediate response after a disaster
Contingent Credit Facility for Natural-Disaster and Public-Health Emergencies
(CCF)
Results of an existing or new government program
Loan Based on Results
(LBR)
Post-disaster response activities
Immediate Response Facility for Emergencies caused by disasters
(IRF)
Small independent investment projects
Multiple Works Loans
(GOM)
Loans to small and medium-size enterprises
Global Credit Loans
(GCR)
Transfer of technical know-how
Reimbursable Technical Cooperation
(TCR)
Project's preparation and start of activities
Project Preparation and Execution Facility
(PROPEF)
Credit line to support investment loans
Conditional Credit Line for Investment Projects
(CCLIP)
This project will help reduce the housing deficit in Ecuador by providing mortgage loans for affordable housing through intermediate financial institutions.
The project’s overall impact is to increase access to Public-Interest Housing (PIH) for families with the ability to pay by providing mortgage loan solutions. Among other outcomes and impacts, the project placed US$300 million of PIH loans through private banks and local entities between 2019-2022. It also increased the percentage of women over 15 with an active mortgage loan to 6%. In addition, it increased the value-added in construction activities in the PIH segment to US$68.2 million between 2020-2022, while increasing mortgage loans for PIH in relation to total mortgage loans to 12.6% over the same period.
This project will promote reforms towards a more productive and healthier ocean in Bahamas through several aspects of the Blue Economy: promoting MSMEs, digitalization and blue bond financing, while improving resilience through enhanced climate risk management in coastal and offshore areas, including better management of marine resources and reducing marine pollution.
The reforms included in this program will benefit firms operating in the Blue Economy by improving the business and investment climate for ocean related economic activities, and by promoting better management practices that improve the sustainability of marine resources that those firms harvest. This will also benefit Bahamian citizens and firms by promoting reforms that will reduce marine pollution. Among other outcomes and impacts, the reforms supported 249 MSMEs in the Blue Economy, and 1,666 employees benefitting from them. Likewise, the Ocean Health Index (OHI) increased to 85.5, while the Illegal, Unreported and Unregulated (IUU) Fishing Index decreased to 1.97, as the annual revenue from flat fishing licenses and permits issuance increased to US$154,000.