devinitorg/iati-policy-markers huggingface dataset:
Sigma II 1. The project consists of (i) financing permanent working capital requirements, mainly accounts receivable and inventory, and (ii) the modernization and expansion of Sigma S.A.’s different divisions to maintain quality and provide production flexibility. The project also includes the final stage of the implementation of a new management information system that should allow for better management of working capital requirements, control of the business cycle, and customer relations. Sigma S.A. seeks to maintain its market share in Central American countries and gain market share in Mexico, the Caribbean, and other markets. The project will enable Sigma S.A. to produce products that some of its major clients are asking for and that it cannot produce at present.2. Sigma S.A. is a successful Salvadoran multinational manufacturer with a long track record in the region and offers comprehensive product packaging, advertising, and presentation solutions to its clients. The group also provides solutions in the areas of graphic printing, corrugated and plastic packaging, and printing inks and dyes for product packaging and presentation materials. 3. The IIC will support Sigma S.A.'s operations with a long-term loan. The IIC and the Sigma S.A. group have had a good banking relationship since the early nineties. This is the IIC's second operation with Sigma S.A. and its third with an affiliated company. Sigma S.A. has met all of the loan requirements, including compliance with environmental and labor standards. 1. The project consists of (i) financing permanent working capital requirements, mainly accounts receivable and inventory, and (ii) the modernization and expansion of Sigma S.A.’s different divisions to maintain quality and provide production flexibility. The project also includes the final stage of the implementation of a new management information system that should allow for better management of working capital requirements, control of the business cycle, and customer relations. Sigma S.A. seeks to maintain its market share in Central American countries and gain market share in Mexico, the Caribbean, and other markets. The project will enable Sigma S.A. to produce products that some of its major clients are asking for and that it cannot produce at present.2. Sigma S.A. is a successful Salvadoran multinational manufacturer with a long track record in the region and offers comprehensive product packaging, advertising, and presentation solutions to its clients. The group also provides solutions in the areas of graphic printing, corrugated and plastic packaging, and printing inks and dyes for product packaging and presentation materials. 3. The IIC will support Sigma S.A.'s operations with a long-term loan. The IIC and the Sigma S.A. group have had a good banking relationship since the early nineties. This is the IIC's second operation with Sigma S.A. and its third with an affiliated company. Sigma S.A. has met all of the loan requirements, including compliance with environmental and labor standards.
Progressive introduction of basic services and social housing for the BoP-PRODEL <p>Effective January 1, 2016, this operation is being managed by the Inter-American Investment Corporation (IIC). For information disclosed by the Inter-American Development Bank (IDB) before that date, please refer to the Projects section on the IDB website.</p> <p>Effective January 1, 2016, this operation is being managed by the Inter-American Investment Corporation (IIC). For information disclosed by the Inter-American Development Bank (IDB) before that date, please refer to the Projects section on the IDB website.</p>
PTI Ecuador The Proposed transaction is long-term secured financing of up to US$110 million to support Phoenix Tower International’s (“PTI”) shared infrastructure business model in Ecuador, kickstarted by the acquisition of an existing tower portfolio from Otecel S.A. (“Movistar Ecuador”), together with additional growth capital expenditure and working capital needs (the “IDB Group Financing”). The IDB Group Financing consist of IDB Group A-loans of up to US$80 million and a potential co-loan of US$30 million mobilized by IDB Invest.PTI is one of the largest independent wireless infrastructure operators and has been growing rapidly in Americas and the Caribbean since its start of operation in 2014. The Company’s innovative digital infrastructure sharing model will allow different mobile network operators to increase mobile broadband capacity and coverage more efficiently in Ecuador, which is especially critical in the context of COVID-19 pandemic in which social distancing requires reliable broadband connectivity. The Proposed transaction is long-term secured financing of up to US$110 million to support Phoenix Tower International’s (“PTI”) shared infrastructure business model in Ecuador, kickstarted by the acquisition of an existing tower portfolio from Otecel S.A. (“Movistar Ecuador”), together with additional growth capital expenditure and working capital needs (the “IDB Group Financing”). The IDB Group Financing consist of IDB Group A-loans of up to US$80 million and a potential co-loan of US$30 million mobilized by IDB Invest.PTI is one of the largest independent wireless infrastructure operators and has been growing rapidly in Americas and the Caribbean since its start of operation in 2014. The Company’s innovative digital infrastructure sharing model will allow different mobile network operators to increase mobile broadband capacity and coverage more efficiently in Ecuador, which is especially critical in the context of COVID-19 pandemic in which social distancing requires reliable broadband connectivity.
Towerbank SME Financing Partnership <p>Towerbank SME Financing Partnership</p> <p>Towerbank SME Financing Partnership</p>
Mi Tienda: Rural Supply Network <p>Effective January 1, 2016, this operation is being managed by the Inter-American Investment Corporation (IIC). For information disclosed by the Inter-American Development Bank (IDB) before that date, please refer to the Projects section on the IDB website.</p> <p>Effective January 1, 2016, this operation is being managed by the Inter-American Investment Corporation (IIC). For information disclosed by the Inter-American Development Bank (IDB) before that date, please refer to the Projects section on the IDB website.</p>
Caribbean Community Resilience Fund IDB Invest is considering an equity investment of up to US$5 million in the Caribbean Community Resilience Fund (“CCRF” or “the Fund”) that Sygnus Capital Ltd. (“Sygnus” or the “Fund Manager”) is raising. The Fund has a US$100 million-US$135 million target and is focused on investing in medium‑sized firms and projects that build economic resilience, and climate projects in the Caribbean basin. The Fund emanated from an initiative sponsored by the U.S. Agency for International Development (“USAID”) and the Caricom Development Fund, who already committed US$15 million.The Fund will increase climate mitigation and adaptation through its focus on renewable energy, transportation, blue economy, information and communications technology (“ICT”), financial services, agri, and affordable & sustainable housing, throughout the Caribbean. Sygnus is a leading Caribbean alternative asset manager, with extensive experience and a deep regional network. IDB Invest is considering an equity investment of up to US$5 million in the Caribbean Community Resilience Fund (“CCRF” or “the Fund”) that Sygnus Capital Ltd. (“Sygnus” or the “Fund Manager”) is raising. The Fund has a US$100 million-US$135 million target and is focused on investing in medium‑sized firms and projects that build economic resilience, and climate projects in the Caribbean basin. The Fund emanated from an initiative sponsored by the U.S. Agency for International Development (“USAID”) and the Caricom Development Fund, who already committed US$15 million.The Fund will increase climate mitigation and adaptation through its focus on renewable energy, transportation, blue economy, information and communications technology (“ICT”), financial services, agri, and affordable & sustainable housing, throughout the Caribbean. Sygnus is a leading Caribbean alternative asset manager, with extensive experience and a deep regional network.
Menorca Inversiones The financing consists of a long-term loan for a total amount of up to US $ 27 million to finance part of the investment plan of Menorca Inversiones S.A.C. (“Menorca”, the “Company” or the “Client”) of the year 2021. This plan includes the purchase of land in Lima and in other provinces of Peru, which will be used for the development of urban development projects, aimed at low-income families in Peru. The urbanizations will have access roads, sidewalks, water and sewerage networks, an underground electricity distribution system, public lighting, green areas, recreation areas, among other services. This housing solution will allow families to acquire a lot in a formal way and with good standards of services and infrastructure. It is estimated that around 2,300 families will benefit. The financing consists of a long-term loan for a total amount of up to US $ 27 million to finance part of the investment plan of Menorca Inversiones S.A.C. (“Menorca”, the “Company” or the “Client”) of the year 2021. This plan includes the purchase of land in Lima and in other provinces of Peru, which will be used for the development of urban development projects, aimed at low-income families in Peru. The urbanizations will have access roads, sidewalks, water and sewerage networks, an underground electricity distribution system, public lighting, green areas, recreation areas, among other services. This housing solution will allow families to acquire a lot in a formal way and with good standards of services and infrastructure. It is estimated that around 2,300 families will benefit.
RAP The transaction consists of a mezzanine loan in favor of Costa Rica Pallet & Pooling Co Corp. (“RAP”) to finance its growth in production capacity through the rental of pallets for transportation and commercial logistics, mainly in the Dominican Republic (where it will start operations) and in Central America where it concentrates its current operations.This long-term loan for up to seven years, with a grace period of up to 12 months, has a committed tranche of US$8 million and an uncommitted tranche for the remaining balance, subject to the discretion of IDB Invest, which may be used for future growth in the medium term. The use of funds includes investments mainly in pallets, which RAP rents to local and multinational companies.RAP was born in 2001 as a family business, with operational headquarters in Costa Rica, offering pallet rental, export, repair, and reuse services, managing to give circularity to goods that in the past were traditionally single-use material. It has operations in the Central American region, but Costa Rica is its main market. With this financing operation, RAP will have a broad Environmental and Social Action Plan and a Corporate Governance Action Plan that will allow it to align with the best international standards in the sector. The transaction consists of a mezzanine loan in favor of Costa Rica Pallet & Pooling Co Corp. (“RAP”) to finance its growth in production capacity through the rental of pallets for transportation and commercial logistics, mainly in the Dominican Republic (where it will start operations) and in Central America where it concentrates its current operations.This long-term loan for up to seven years, with a grace period of up to 12 months, has a committed tranche of US$8 million and an uncommitted tranche for the remaining balance, subject to the discretion of IDB Invest, which may be used for future growth in the medium term. The use of funds includes investments mainly in pallets, which RAP rents to local and multinational companies.RAP was born in 2001 as a family business, with operational headquarters in Costa Rica, offering pallet rental, export, repair, and reuse services, managing to give circularity to goods that in the past were traditionally single-use material. It has operations in the Central American region, but Costa Rica is its main market. With this financing operation, RAP will have a broad Environmental and Social Action Plan and a Corporate Governance Action Plan that will allow it to align with the best international standards in the sector.
Banco Davivienda MSME Financing Partnership <p>Effective January 1, 2016, this operation is being managed by the Inter-American Investment Corporation (IIC). For information disclosed by the Inter-American Development Bank (IDB) before that date, please refer to the Projects section on the IDB website.</p> <p>Effective January 1, 2016, this operation is being managed by the Inter-American Investment Corporation (IIC). For information disclosed by the Inter-American Development Bank (IDB) before that date, please refer to the Projects section on the IDB website.</p>
Grupo Calidra Grupo Calidra, S.A. de C.V. (the “Company”or “Calidra”), with more than a century of history, is a Mexican company, leader in the production of lime, ready mixes and carbonates in Latin America with operations in Mexico, Honduras, Chile, Argentina, Colombia and Peru.The transaction consists of three secured long-term financings, for up to US$50 million for its operations in Peru (US$18 million), Colombia (US$22 million) and Argentina (US$10 million). The loans will have a term of up to ten years and will be used for working capital and capital investment requirements, including the potential purchase of efficient kilns and the possible opening of a lime deposit in Colombia. This transaction should be reviewed together with Project Calidra Argentina (13850-01). Grupo Calidra, S.A. de C.V. (the “Company”or “Calidra”), with more than a century of history, is a Mexican company, leader in the production of lime, ready mixes and carbonates in Latin America with operations in Mexico, Honduras, Chile, Argentina, Colombia and Peru.The transaction consists of three secured long-term financings, for up to US$50 million for its operations in Peru (US$18 million), Colombia (US$22 million) and Argentina (US$10 million). The loans will have a term of up to ten years and will be used for working capital and capital investment requirements, including the potential purchase of efficient kilns and the possible opening of a lime deposit in Colombia. This transaction should be reviewed together with Project Calidra Argentina (13850-01).
Sudameris MSME Financing Partnership The proposed operation contemplates a senior unsecured loan of up to PYG300,000,000,000 (the "Loan") that will be financed by BID Invest. The term of the Loan is up to five years, with two years of grace period and semiannual amortization. The Loan funds will be used to finance Micro, Small and Medium Enterprises ("MSMEs") in Paraguay. The proposed operation contemplates a senior unsecured loan of up to PYG300,000,000,000 (the "Loan") that will be financed by BID Invest. The term of the Loan is up to five years, with two years of grace period and semiannual amortization. The Loan funds will be used to finance Micro, Small and Medium Enterprises ("MSMEs") in Paraguay.
Hospital ABC The IIC loan, for up to US$10 million, will be used to finance the expansion of the hospital. Two new cancer centers and a women and children’s care center will be built. The IIC loan, for up to US$10 million, will be used to finance the expansion of the hospital. Two new cancer centers and a women and children’s care center will be built.
Hipotecaria Su Casita The proposed project consists of a medium-term loan of up to US$20,000,000 to Hipotecaria Su Casita S.A.de C.V. The loan proceeds will be used for the origination and/or acquisition of residential mortgages that finance principally loans to individuals for their purchase and construction of low to middle income housing. The proposed project consists of a medium-term loan of up to US$20,000,000 to Hipotecaria Su Casita S.A.de C.V. The loan proceeds will be used for the origination and/or acquisition of residential mortgages that finance principally loans to individuals for their purchase and construction of low to middle income housing.
Regal Forest (Paraguay) <p>Regal Forest (Paraguay)</p> <p>Regal Forest (Paraguay)</p>
FINCA Haiti Financial Inclusion Partnership The proposed project consists of a senior loan facility for up to US$1.5 million to Fondation pour L’Assistance Communautaire Internationale Haiti S.A. (“FINCA Haiti” or the "Institution"). The loan term will be up to three years, with semi-annual principal and interest payments. The loan proceeds will be used to grow the Institution's micro-finance and micro and small business portfolios, while encouraging financial inclusion. The proposed project consists of a senior loan facility for up to US$1.5 million to Fondation pour L’Assistance Communautaire Internationale Haiti S.A. (“FINCA Haiti” or the "Institution"). The loan term will be up to three years, with semi-annual principal and interest payments. The loan proceeds will be used to grow the Institution's micro-finance and micro and small business portfolios, while encouraging financial inclusion.
Industrias Alserro (CR4020A-01) <p>Industrias Alserro (CR4020A-01)</p> <p>Industrias Alserro (CR4020A-01)</p>
Banco General Costa Rica SME Financing Partnership <p>Effective January 1, 2016, this operation is being managed by the Inter-American Investment Corporation (IIC). For information disclosed by the Inter-American Development Bank (IDB) before that date, please refer to the Projects section on the IDB website.</p> <p>Effective January 1, 2016, this operation is being managed by the Inter-American Investment Corporation (IIC). For information disclosed by the Inter-American Development Bank (IDB) before that date, please refer to the Projects section on the IDB website.</p>
National Commercial Bank Jamaica Ltd TFFP <p>Effective January 1, 2016, this operation is being managed by the Inter-American Investment Corporation (IIC). For information disclosed by the Inter-American Development Bank (IDB) before that date, please refer to the Projects section on the IDB website.</p> <p>Effective January 1, 2016, this operation is being managed by the Inter-American Investment Corporation (IIC). For information disclosed by the Inter-American Development Bank (IDB) before that date, please refer to the Projects section on the IDB website.</p>
Credife: Financial Services and Microenterprise Development for the BoP <p>Effective January 1, 2016, this operation is being managed by the Inter-American Investment Corporation (IIC). For information disclosed by the Inter-American Development Bank (IDB) before that date, please refer to the Projects section on the IDB website.</p> <p>Effective January 1, 2016, this operation is being managed by the Inter-American Investment Corporation (IIC). For information disclosed by the Inter-American Development Bank (IDB) before that date, please refer to the Projects section on the IDB website.</p>
BYD Salvador The Skyrail Bahia project (the "Project") consists of the design, building and operation of a 23.28km, 26 station monorail line in Salvador de Bahia (Phase I and Phase II) under the terms of a 35-year Public Private Partnership. Phase I is 19.2 km double line from Ilha de Sao Joao station to Comercio station. Phase I has 21 stations with an average interval of 0.9km. Phase II goes from Porto São Joaquim station to Acesso Norte station, with a total length of 4.08 km and four stations.A consortium formed by BYD and Metrogreen won the public tender in May 2018 and was awarded the Project under a PPP Agreement signed on February 2019 with the Office of Urban Development (SEDUR) of the State Government of Bahia.The IDB Group will provide financing to pay for CAPEX and other project costs during construction (estimated at US$842 MM) through a US$240 MM loan with an up to 20-year door-to-door tenor.The Project will improve the level of regional public transport services, establish large capacity public transport corridors in Salvador, strengthen the links between the urban areas of Salvador and establish cultural tourism brand in Salvador. The Skyrail Bahia project (the "Project") consists of the design, building and operation of a 23.28km, 26 station monorail line in Salvador de Bahia (Phase I and Phase II) under the terms of a 35-year Public Private Partnership. Phase I is 19.2 km double line from Ilha de Sao Joao station to Comercio station. Phase I has 21 stations with an average interval of 0.9km. Phase II goes from Porto São Joaquim station to Acesso Norte station, with a total length of 4.08 km and four stations.A consortium formed by BYD and Metrogreen won the public tender in May 2018 and was awarded the Project under a PPP Agreement signed on February 2019 with the Office of Urban Development (SEDUR) of the State Government of Bahia.The IDB Group will provide financing to pay for CAPEX and other project costs during construction (estimated at US$842 MM) through a US$240 MM loan with an up to 20-year door-to-door tenor.The Project will improve the level of regional public transport services, establish large capacity public transport corridors in Salvador, strengthen the links between the urban areas of Salvador and establish cultural tourism brand in Salvador.
Bancoldex Guarantee - Complementary Mechanism to Tender CLPE No. 02-2019 The purpose of the project is to provide access to financing to up to seven SME energy traders in Colombia. 	IDB Invest will be issue a Standby Letter of Credit in favor in Bancoldex to counter guarantee the guarantees that this institution will issue in favor of XM Compañía de Expertos en Mercados, S.A. E.S.P (Electricity Market operator in Colombia) for the account of up to seven SME energy traders. These guarantees are required to be issued by virtue of the Power Purchase Agreements that the traders will sign as a result of the Complementary Mechanism to the Renewable Energy tender CLPE No. 02-2019. The purpose of the project is to provide access to financing to up to seven SME energy traders in Colombia. 	IDB Invest will be issue a Standby Letter of Credit in favor in Bancoldex to counter guarantee the guarantees that this institution will issue in favor of XM Compañía de Expertos en Mercados, S.A. E.S.P (Electricity Market operator in Colombia) for the account of up to seven SME energy traders. These guarantees are required to be issued by virtue of the Power Purchase Agreements that the traders will sign as a result of the Complementary Mechanism to the Renewable Energy tender CLPE No. 02-2019.
COMANDATO - INNACENSA The proposed operation is a direct loan with a term of 10 years, including a grace period of up to 24 months, for the financing and start-up of a new LG television and washing machine assembly plant in Ecuador.. The proposed operation is a direct loan with a term of 10 years, including a grace period of up to 24 months, for the financing and start-up of a new LG television and washing machine assembly plant in Ecuador..
Exportadora BenDavid The IIC loan of up to US$3 million will be used to fund Exportadora Ben David's permanent working capital requirements. The IIC loan will enable Exportadora Ben David to improve its funding structure by matching long-term fixed assets with long-term financing. The IIC loan of up to US$3 million will be used to fund Exportadora Ben David's permanent working capital requirements. The IIC loan will enable Exportadora Ben David to improve its funding structure by matching long-term fixed assets with long-term financing.