devinitorg/iati-policy-markers huggingface dataset:
Davivienda Colombia This Project aims to support the increase in mortgages offerings for Priority Housing (“VIP”) and Social Housing (“VIS”) promoted by the Colombia's federal government as part of its programs for social housing development by means of an unsecured US dollar-denominated senior loan of up to US$ 200 million to Banco Davivienda S.A. The loan term is of up to five years with a single payment at maturity date.Brief Project Description: Banco Davivienda S.A. (“Davivienda”), a leader in housing financing, holds a 26.0% share of the domestic market and is one of the most active participants in the financing programs for social and priority housing in Colombia, which seek to reduce the population's vulnerability, as well as to improve the quality of life amongst the Colombian people. The VIS and VIP portfolio represents 34.5% of Davivienda's entire mortgage portfolio and 68.0% of the total amount of financed units. As of the end of 2016, Davivienda reached a total of 148,018 financed VISs and VIPs within a total of 219,082 financed units. The Inter-American Investment Corporation (“IIC”) has been a strategic partner for Davivienda since 2011 when a revolving loan facility was approved for a total of US$30 million with terms of up to seven years. The IIC's resources contributed to reaching the development goals of Davivienda's SME portfolio. This Project aims to support the increase in mortgages offerings for Priority Housing (“VIP”) and Social Housing (“VIS”) promoted by the Colombia's federal government as part of its programs for social housing development by means of an unsecured US dollar-denominated senior loan of up to US$ 200 million to Banco Davivienda S.A. The loan term is of up to five years with a single payment at maturity date.Brief Project Description: Banco Davivienda S.A. (“Davivienda”), a leader in housing financing, holds a 26.0% share of the domestic market and is one of the most active participants in the financing programs for social and priority housing in Colombia, which seek to reduce the population's vulnerability, as well as to improve the quality of life amongst the Colombian people. The VIS and VIP portfolio represents 34.5% of Davivienda's entire mortgage portfolio and 68.0% of the total amount of financed units. As of the end of 2016, Davivienda reached a total of 148,018 financed VISs and VIPs within a total of 219,082 financed units. The Inter-American Investment Corporation (“IIC”) has been a strategic partner for Davivienda since 2011 when a revolving loan facility was approved for a total of US$30 million with terms of up to seven years. The IIC's resources contributed to reaching the development goals of Davivienda's SME portfolio.
Ruba Inmobiliaria Inmobiliaria Ruba, S.A. de C.V. (“Ruba”) acquires, develops, and markets integrated housing projects in the social, middle-income, and residential housing segments. The proposed operation consists of granting Ruba and its subsidiaries: i) a long-term revolving facility to finance social and middle-income housing projects in Mexico; and ii) an uncommitted revolving reverse factoring facility to monetize creditor rights arising from the sale of goods or services by suppliers to Ruba. Inmobiliaria Ruba, S.A. de C.V. (“Ruba”) acquires, develops, and markets integrated housing projects in the social, middle-income, and residential housing segments. The proposed operation consists of granting Ruba and its subsidiaries: i) a long-term revolving facility to finance social and middle-income housing projects in Mexico; and ii) an uncommitted revolving reverse factoring facility to monetize creditor rights arising from the sale of goods or services by suppliers to Ruba.
Banco Aliado S.A. The Project consists of a loan of up to US$12 million to Banco Aliado S.A. The proceeds of the loan will be used to finance fixed assets, machinery, or working capital of small and medium-sized enterprises in different productive sectors. The Project consists of a loan of up to US$12 million to Banco Aliado S.A. The proceeds of the loan will be used to finance fixed assets, machinery, or working capital of small and medium-sized enterprises in different productive sectors.
Tropicalia II Sustainable Tourism This transaction consists of a loan of up to US$146.4 million to finance the development and operations of a 95 room Four Seasons Hotel with 24 residential unit sustainable tourism resort.Grupo Cisneros is a privately held business conglomerate with over 90 years of global experience that is primarily focused on: media, digital/advertising, real estate, social leadership and new technologies. This transaction consists of a loan of up to US$146.4 million to finance the development and operations of a 95 room Four Seasons Hotel with 24 residential unit sustainable tourism resort.Grupo Cisneros is a privately held business conglomerate with over 90 years of global experience that is primarily focused on: media, digital/advertising, real estate, social leadership and new technologies.
Mutualista Pichincha: Social Housing Project in Ecuador <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>
CALOX This transaction consists of a long-term corporate loan of up to US$14 million to Calox de Costa Rica S.A. ("CALOX" or the "Company"). CALOX is a company that has operated for more than 25 years in Central America and the Caribbean, dedicated to the production, distribution, and sale of mainly generic pharmaceutical products.The proposed financing includes two main objectives: the first consists of the acquisition of the current plant to make improvements in infrastructure and energy efficiency, which will allow it to become certified and expand its production capacity in the medium term; the second objective consists of providing medium-term financing for permanent working capital, to enhance: (i) the expansion of medicines under its own brand ("Xaikus"); (ii) the expansion into the South American market; and (iii) continuing research and development of new products, as well as strengthening its presence in the Central American market with drugs attending to the health crisis caused by the COVID-19 pandemic. This transaction consists of a long-term corporate loan of up to US$14 million to Calox de Costa Rica S.A. ("CALOX" or the "Company"). CALOX is a company that has operated for more than 25 years in Central America and the Caribbean, dedicated to the production, distribution, and sale of mainly generic pharmaceutical products.The proposed financing includes two main objectives: the first consists of the acquisition of the current plant to make improvements in infrastructure and energy efficiency, which will allow it to become certified and expand its production capacity in the medium term; the second objective consists of providing medium-term financing for permanent working capital, to enhance: (i) the expansion of medicines under its own brand ("Xaikus"); (ii) the expansion into the South American market; and (iii) continuing research and development of new products, as well as strengthening its presence in the Central American market with drugs attending to the health crisis caused by the COVID-19 pandemic.
Viluco The financing requested consist of a A Loan of up to US$6.5 million and a B Loan of up to US$23.5 million. The purpose of this IIC operation is to provide financing to Viluco to replace short-term liabilities the company acquired to complete a plant for producing soy flour, soybean oil, and biodiesel, with a nominal annual production capacity of up to one million tons. This project seeks to expand and diversify Viluco’s agricultural production through industrialization. Promoting agriculture is consistent with the IIC’s interest in contributing to the development of renewable energy production (biofuels). Established in 1973, Viluco is an Argentinian company that is part of Grupo Lucci, an agribusiness group. Viluco grows grains, with a harvest area of approximately 47,000 hectares, and also rears, breeds, and fattens cattle on approximately 30,000 hectares of land. It started to produce soy flour, soybean oil, and biodiesel in July 2010 at its plant in Frías, Santiago del Estero province, Argentina. The financing requested consist of a A Loan of up to US$6.5 million and a B Loan of up to US$23.5 million. The purpose of this IIC operation is to provide financing to Viluco to replace short-term liabilities the company acquired to complete a plant for producing soy flour, soybean oil, and biodiesel, with a nominal annual production capacity of up to one million tons. This project seeks to expand and diversify Viluco’s agricultural production through industrialization. Promoting agriculture is consistent with the IIC’s interest in contributing to the development of renewable energy production (biofuels). Established in 1973, Viluco is an Argentinian company that is part of Grupo Lucci, an agribusiness group. Viluco grows grains, with a harvest area of approximately 47,000 hectares, and also rears, breeds, and fattens cattle on approximately 30,000 hectares of land. It started to produce soy flour, soybean oil, and biodiesel in July 2010 at its plant in Frías, Santiago del Estero province, Argentina.
Regal Forest Holdings Co. Ltd. The proposed financing consists of several independent medium term loans, to be granted directly to some operations of Regal Forest Holdings Co. Ltd., located in Trinidad y Tobago, Costa Rica, Paraguay, Guyana y Barbados. These independent loans will have as an objective to finance the client loan portfolio of each of these operations, specifically for the C&D socioeconomic segment. The proposed financing for each Borrower, will be in local currency. The proposed financing consists of several independent medium term loans, to be granted directly to some operations of Regal Forest Holdings Co. Ltd., located in Trinidad y Tobago, Costa Rica, Paraguay, Guyana y Barbados. These independent loans will have as an objective to finance the client loan portfolio of each of these operations, specifically for the C&D socioeconomic segment. The proposed financing for each Borrower, will be in local currency.
GoTrendier IDB Invest is considering an investment of up to US$5 million in Trendier Latam S.L. ("GoTrendier"). GoTrendier is the largest company for the purchase and sale of second-hand women's clothing, bags, shoes and accessories in Latin America, through a digital platform that allows users to market their products with other users. The Company was founded in Mexico in 2016, and expanded to Colombia in 2017. The capital investment seeks to support the acquisition of clients and the implementation of a brand association model, where third-party clothing brands will be able to sell clothing second-hand through the GoTrendier platform. IDB Invest is considering an investment of up to US$5 million in Trendier Latam S.L. ("GoTrendier"). GoTrendier is the largest company for the purchase and sale of second-hand women's clothing, bags, shoes and accessories in Latin America, through a digital platform that allows users to market their products with other users. The Company was founded in Mexico in 2016, and expanded to Colombia in 2017. The capital investment seeks to support the acquisition of clients and the implementation of a brand association model, where third-party clothing brands will be able to sell clothing second-hand through the GoTrendier platform.
Gender and Inclusion Financing with Caja Arequipa The Project consists in granting Caja Municipal de Ahorro y Crédito de Arequipa S.A. (“Caja Arequipa” or the “Caja”) a senior renewable loan of up to an amount in Peruvian Soles (“PEN”) equivalent to US$50 million, broken down as follows: (i) A Loan from IDB Invest in the amount of up to US$30million; and (ii) B Loan in the amount of up to US$20 million. The tenor of the line is of up to six years with two disbursements per loan, each with a tenor of up to three years.The funds will be earmarked to support the growth of the Micro- and Small-Sized Enterprises (“MSEs”) portfolio led and/or owned by women and other vulnerable groups. In addition, the financing is expected to be paired with technical advisory services defined jointly with the Caja enabling strengthening its sustainability strategy. The Project consists in granting Caja Municipal de Ahorro y Crédito de Arequipa S.A. (“Caja Arequipa” or the “Caja”) a senior renewable loan of up to an amount in Peruvian Soles (“PEN”) equivalent to US$50 million, broken down as follows: (i) A Loan from IDB Invest in the amount of up to US$30million; and (ii) B Loan in the amount of up to US$20 million. The tenor of the line is of up to six years with two disbursements per loan, each with a tenor of up to three years.The funds will be earmarked to support the growth of the Micro- and Small-Sized Enterprises (“MSEs”) portfolio led and/or owned by women and other vulnerable groups. In addition, the financing is expected to be paired with technical advisory services defined jointly with the Caja enabling strengthening its sustainability strategy.
NORSON The Project consists in two financing facilities to support Norson Holding, S. de R.L. de C.V (“Norson”, the “Company”, or the “Client”): (i) financial support facility to eligible suppliers from Norson’s supply chain (“Reverse Factoring”), and (ii) limited-resource financing facility to Norson, whereby IDB Invest will finance eligible farmers especially created to develop (design, build, operate and maintain) infrastructure (mainly, pig farms) related to Norson’s value chain under a sharefarming system (the “Sharefarming Financing”, jointly, the Sharefarming Financing and Reverse Factoring, the “Project”).The factoring consists in a revolving uncommitted reverse factoring credit line to Norson and its eligible subsidiaries (the Buyers) in the amount of US$30 million. Through this line, IDB Invest seeks to enable access to financing at competitive prices for the Buyers’ suppliers (SMEs) in Mexico.The Sharefarming Financing will amount to US$30 million with a line granted by IDB Invest to each company of up to 33% of the cost of each project under the Sharefarming Financing, and it consists in creating and developing eligible companies not controlled by Norson the design, construction, operation and maintenance of facilities for pig farms related to Norson’s pork production operations. The Project consists in two financing facilities to support Norson Holding, S. de R.L. de C.V (“Norson”, the “Company”, or the “Client”): (i) financial support facility to eligible suppliers from Norson’s supply chain (“Reverse Factoring”), and (ii) limited-resource financing facility to Norson, whereby IDB Invest will finance eligible farmers especially created to develop (design, build, operate and maintain) infrastructure (mainly, pig farms) related to Norson’s value chain under a sharefarming system (the “Sharefarming Financing”, jointly, the Sharefarming Financing and Reverse Factoring, the “Project”).The factoring consists in a revolving uncommitted reverse factoring credit line to Norson and its eligible subsidiaries (the Buyers) in the amount of US$30 million. Through this line, IDB Invest seeks to enable access to financing at competitive prices for the Buyers’ suppliers (SMEs) in Mexico.The Sharefarming Financing will amount to US$30 million with a line granted by IDB Invest to each company of up to 33% of the cost of each project under the Sharefarming Financing, and it consists in creating and developing eligible companies not controlled by Norson the design, construction, operation and maintenance of facilities for pig farms related to Norson’s pork production operations.
Perimetral Oriental de Bogotá Public Private 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>
Doctors Hospital Bahamas Working Capital Revolver <p>Doctors Hospital Bahamas Working Capital Revolver</p> <p>Doctors Hospital Bahamas Working Capital Revolver</p>
Atlantic Bank - 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>
Indeco Supply Chain Financing <p>Indeco Supply Chain Financing</p> <p>Indeco Supply Chain Financing</p>
ADM-SAO S.A. The IIC’s loan to ADMSAO will be used to fund part of the company’s annual working capital needs, financing the credit it extends to agricultural producers who will supply soybeans and sunflower seeds to ADMSAO.ADMSAO (www.admsao.com) is one of the leading companies in the oilseed industry in Bolivia. It is also the leader in nontraditional exports in Bolivia, winning the excellence in exports prize (Premio de la Excelencia Exportadora) several years in a row.Archer Daniels Midland Company (ADM, www.adm.com), a company based in Decatur, Illinois, USA, is a significant source of financing and technical assistance for farmers in the Santa Cruz department, in addition to being an important buyer of the country’s soybean and sunflower products.The IIC loan will enable the company to provide this financing to its suppliers (oilseed crop farmers) with better conditions (term and cost). Complementary to this loan, the IIC will provide direct technical assistance that will benefit a group of agricultural producers (suppliers of grains to ADMSAO) and consist of workshops for farmers on: (i) the current environmental legal framework; (ii) farming techniques that improve farm productivity and profitability; and (iii) better environmental practices on their farms. The IIC’s loan to ADMSAO will be used to fund part of the company’s annual working capital needs, financing the credit it extends to agricultural producers who will supply soybeans and sunflower seeds to ADMSAO.ADMSAO (www.admsao.com) is one of the leading companies in the oilseed industry in Bolivia. It is also the leader in nontraditional exports in Bolivia, winning the excellence in exports prize (Premio de la Excelencia Exportadora) several years in a row.Archer Daniels Midland Company (ADM, www.adm.com), a company based in Decatur, Illinois, USA, is a significant source of financing and technical assistance for farmers in the Santa Cruz department, in addition to being an important buyer of the country’s soybean and sunflower products.The IIC loan will enable the company to provide this financing to its suppliers (oilseed crop farmers) with better conditions (term and cost). Complementary to this loan, the IIC will provide direct technical assistance that will benefit a group of agricultural producers (suppliers of grains to ADMSAO) and consist of workshops for farmers on: (i) the current environmental legal framework; (ii) farming techniques that improve farm productivity and profitability; and (iii) better environmental practices on their farms.
RWL Desalination Mexico <p>RWL Desalination Mexico</p> <p>RWL Desalination Mexico</p>
Estancias del Lago <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>
Sofisa Local Currency Guarantee The IIC seeks to work with Banco Sofisa S.A. in helping small and medium-sized companies secure financing by guaranteeing up to 50% of loans booked by Sofisa, a local bank that is almost exclusively focused on SMEs in Brazil. By providing these partial loan guarantees, the IIC will allow Sofisa to extend a greater amount of financing to eligible companies than would normally be the case, due to the bank’s conservative exposure limitations. For the IIC, this program will allow it to extend lending to SMEs in local currency, thereby helping eligible companies that are not exporters and thus require local currency, rather than U.S. dollar, funding. The IIC seeks to work with Banco Sofisa S.A. in helping small and medium-sized companies secure financing by guaranteeing up to 50% of loans booked by Sofisa, a local bank that is almost exclusively focused on SMEs in Brazil. By providing these partial loan guarantees, the IIC will allow Sofisa to extend a greater amount of financing to eligible companies than would normally be the case, due to the bank’s conservative exposure limitations. For the IIC, this program will allow it to extend lending to SMEs in local currency, thereby helping eligible companies that are not exporters and thus require local currency, rather than U.S. dollar, funding.
Tecnomyl Tecnomyl produces and markets agricultural inputs, with a strong focus on soybean cultivation. The proposed financing consists of a four-year committed revolving credit facility, under which IDB Invest will extend financing to Tecnomyl in terms of up to 360 days for the purchase of agricultural inputs from suppliers.The Project is intended to replace credit facilities with suppliers, increasing fund stability and minimizing the risk of mismatched terms between suppliers and clients. Tecnomyl produces and markets agricultural inputs, with a strong focus on soybean cultivation. The proposed financing consists of a four-year committed revolving credit facility, under which IDB Invest will extend financing to Tecnomyl in terms of up to 360 days for the purchase of agricultural inputs from suppliers.The Project is intended to replace credit facilities with suppliers, increasing fund stability and minimizing the risk of mismatched terms between suppliers and clients.