devinitorg/iati-policy-markers huggingface dataset:
Cooperativa Nacional de Educadores, R.L. (COOPENAE, R.L.) The objective of the proposed loan is to support the lending activities of Coopenae by providing a long-term loan to be used to finance small and medium-size enterprises in Costa Rica.Coopenae is the largest cooperative in Costa Rica, focused primarily on consumer lending, housing, and loans to SMEs. As of June 30, 2014, Coopenae had more than 90,000 members. The IIC’s loan to Coopenae will be carried out in collaboration with the Structured Corporate Finance Group of the IDB, which is providing a long-term loan to fund Coopenae’s activities in housing finance (more information here). The objective of the proposed loan is to support the lending activities of Coopenae by providing a long-term loan to be used to finance small and medium-size enterprises in Costa Rica.Coopenae is the largest cooperative in Costa Rica, focused primarily on consumer lending, housing, and loans to SMEs. As of June 30, 2014, Coopenae had more than 90,000 members. The IIC’s loan to Coopenae will be carried out in collaboration with the Structured Corporate Finance Group of the IDB, which is providing a long-term loan to fund Coopenae’s activities in housing finance (more information here).
Corporación Financiera de Desarrollo <p>Corporación Financiera de Desarrollo</p> <p>Corporación Financiera de Desarrollo</p>
Maderas Cultivadas Maderas Cultivadas belongs to the Grupo Forestal Los Nacientes group of companies. Its sowing, planting, processing, and marketing operations are fully integrated. The purpose of the project is to consolidate the expansion of operations in Nicaragua by purchasing land to be planted in melina wood. The plantations will be certified by the Forest Stewardship Council (FSC), as are the company’s and the group’s existing plantations.The proposed loan will help consolidate the company’s growth over the long term and make it possible to replicate the current business model in a neighboring country, Nicaragua, in the medium term. This will provide new sources of jobs in the immediate future and help build a forest agribusiness similar to Costa Rica’s.The IIC loan to Maderas Cultivadas entails two significant benefits. First, it will provide long-term financing that is otherwise scarce, for investing in expanding operations abroad. It will also support an agroforestry company whose sustainable management of its business model not only creates job opportunities in very remote rural areas but also makes it possible to encourage entrepreneurship in the area. Microentrepreneurs will sell their harvest to the group and thus establish a useful forestry cluster in Nicaragua. Maderas Cultivadas belongs to the Grupo Forestal Los Nacientes group of companies. Its sowing, planting, processing, and marketing operations are fully integrated. The purpose of the project is to consolidate the expansion of operations in Nicaragua by purchasing land to be planted in melina wood. The plantations will be certified by the Forest Stewardship Council (FSC), as are the company’s and the group’s existing plantations.The proposed loan will help consolidate the company’s growth over the long term and make it possible to replicate the current business model in a neighboring country, Nicaragua, in the medium term. This will provide new sources of jobs in the immediate future and help build a forest agribusiness similar to Costa Rica’s.The IIC loan to Maderas Cultivadas entails two significant benefits. First, it will provide long-term financing that is otherwise scarce, for investing in expanding operations abroad. It will also support an agroforestry company whose sustainable management of its business model not only creates job opportunities in very remote rural areas but also makes it possible to encourage entrepreneurship in the area. Microentrepreneurs will sell their harvest to the group and thus establish a useful forestry cluster in Nicaragua.
Hospital ABC Scope and Objective of the Project and IIC´s Participation: Scope and Objective of the Project and IIC´s Participation: The project consists of a 12 year US$10 million loan to Hospital ABC. This loan would be used to participate in the financing of the Hospital’s expansion plans, and would include the purchase of equipment, and the construction of a new hospital to be located in the Santa Fe area of Mexico City. Scope and Objective of the Project and IIC´s Participation: Scope and Objective of the Project and IIC´s Participation: The project consists of a 12 year US$10 million loan to Hospital ABC. This loan would be used to participate in the financing of the Hospital’s expansion plans, and would include the purchase of equipment, and the construction of a new hospital to be located in the Santa Fe area of Mexico City.
Manzanillo Bay Gas to Power Haina <p>Manzanillo Bay Gas to Power Haina</p> <p>Manzanillo Bay Gas to Power Haina</p>
Bancamía Pesos The project objective is to provide financing to Bancamía to fund working capital and investment operations to microenterprises in various Colombian economic sectors providing support to the most vulnerable sectors. To achieve this objective, the proposed loan will be for up to US$35 million, equal to approximately COP110.114 billion (using an exchange rate of US$1= COP3,146.14 as of January 24, 2019. The peso amount will be determined prior to disbursement) with a term  of up to four years. The loan will allow Bancamía to diversify its financing sources and continue the growth of its portfolio in a sector that is strategic for IDB Invest. The project objective is to provide financing to Bancamía to fund working capital and investment operations to microenterprises in various Colombian economic sectors providing support to the most vulnerable sectors. To achieve this objective, the proposed loan will be for up to US$35 million, equal to approximately COP110.114 billion (using an exchange rate of US$1= COP3,146.14 as of January 24, 2019. The peso amount will be determined prior to disbursement) with a term  of up to four years. The loan will allow Bancamía to diversify its financing sources and continue the growth of its portfolio in a sector that is strategic for IDB Invest.
Guayaquil Social Bond The Project consists of supporting Banco Guayaquil (“BG”), as it issues its first social bond for Ecuador’s private sector. The total amount of the bond is up to US$30 million, and IDB Invest will take part as an investor, with a subscription of 100%. The proceeds from this medium-term social bond will be used to finance the Micro, Small, and Medium-sized enterprises (“MSMEs”) that are part of the microcredit portfolio under the “Banco del Barrio” (neighborhood bank) program and in the bank’s Small and Medium-sized Enterprises (“SME”) portfolio. Banco del Barrio is the nonbank correspondent financing system with the largest geographical reach in the country. The Project will mainly be focused on MSMEs located in the Ecuadorian cities most impacted by Covid-19. Technical assistance will also be provided for designing the conceptual framework of the bond issue, and a second party opinion will be included, pursuant to the Sustainable Development Goals (“SDGs”). The Project consists of supporting Banco Guayaquil (“BG”), as it issues its first social bond for Ecuador’s private sector. The total amount of the bond is up to US$30 million, and IDB Invest will take part as an investor, with a subscription of 100%. The proceeds from this medium-term social bond will be used to finance the Micro, Small, and Medium-sized enterprises (“MSMEs”) that are part of the microcredit portfolio under the “Banco del Barrio” (neighborhood bank) program and in the bank’s Small and Medium-sized Enterprises (“SME”) portfolio. Banco del Barrio is the nonbank correspondent financing system with the largest geographical reach in the country. The Project will mainly be focused on MSMEs located in the Ecuadorian cities most impacted by Covid-19. Technical assistance will also be provided for designing the conceptual framework of the bond issue, and a second party opinion will be included, pursuant to the Sustainable Development Goals (“SDGs”).
Wall Street Securities Underwriting Fund <p>Wall Street Securities Underwriting Fund</p> <p>Wall Street Securities Underwriting Fund</p>
XIGNUX This summary includes a Project for the Mexican conglomerate Xignux. The Project is an Uncommitted Revolving Line of Credit for Mex$400 million, or its equivalent in US$ (“Xignux Facility”) to purchase accounts payables issued by Xignux or one of its eligible subsidiaries. The Facility will have an initial tenor of 12 months, renewable on a yearly basis at IDB Invest’s discretion for up to 6 additional years. The Facility will provide Xignux´s suppliers with an innovative alternate solution to finance its working capital needs, using E-Factor Network platform to sell to IDB Invest Xignux’s accounts payables. This solution will enable the supplier base (including small and medium size companies, “SME’s”) to obtain more favorable financing conditions than those they can obtain in the local market on their own. SME’s Supply Chain Financing through corporates like Xignux is one of the ways IDB Invest will focus in this segment. This kind of solutions are aligned with IDB Invest’s innovative approach with SME’s. This summary includes a Project for the Mexican conglomerate Xignux. The Project is an Uncommitted Revolving Line of Credit for Mex$400 million, or its equivalent in US$ (“Xignux Facility”) to purchase accounts payables issued by Xignux or one of its eligible subsidiaries. The Facility will have an initial tenor of 12 months, renewable on a yearly basis at IDB Invest’s discretion for up to 6 additional years. The Facility will provide Xignux´s suppliers with an innovative alternate solution to finance its working capital needs, using E-Factor Network platform to sell to IDB Invest Xignux’s accounts payables. This solution will enable the supplier base (including small and medium size companies, “SME’s”) to obtain more favorable financing conditions than those they can obtain in the local market on their own. SME’s Supply Chain Financing through corporates like Xignux is one of the ways IDB Invest will focus in this segment. This kind of solutions are aligned with IDB Invest’s innovative approach with SME’s.
Electricity Tariff Stabilization Liquidity Facility This operation (the "Operation" or the "Project") is intended to provide a liquidity facility to a group of companies comprising Aela Generación S.A.; AES Gener S.A.; Cerro Dominador CSP S.A.; Colbún S.A.; Chungungo S.A.; Empresa Eléctrica Caren S.A.; Empresa Eléctrica de Panguipulli S.A.; Enel Generación S.A.; Engie Energía Chile S.A.; Eólica Monte Redondo S.A.; GM Holdings S.A.; Guacolda Energía S.A.; Norvind S.A.; San Juan S.A.; and Santiago Solar S.A.; (the "Clients" or the "Companies") to counter the repercussions in the economic environment generated by the Tariff Stability Law and the lack of liquidity they are experiencing as a result of the postponement of payment of part of the energy purchase agreement (PPA) price set forth in said law.The funds of the Operation will be used exclusively to acquire receivables associated with the stabilization mechanism established by the aforementioned Law. This operation (the "Operation" or the "Project") is intended to provide a liquidity facility to a group of companies comprising Aela Generación S.A.; AES Gener S.A.; Cerro Dominador CSP S.A.; Colbún S.A.; Chungungo S.A.; Empresa Eléctrica Caren S.A.; Empresa Eléctrica de Panguipulli S.A.; Enel Generación S.A.; Engie Energía Chile S.A.; Eólica Monte Redondo S.A.; GM Holdings S.A.; Guacolda Energía S.A.; Norvind S.A.; San Juan S.A.; and Santiago Solar S.A.; (the "Clients" or the "Companies") to counter the repercussions in the economic environment generated by the Tariff Stability Law and the lack of liquidity they are experiencing as a result of the postponement of payment of part of the energy purchase agreement (PPA) price set forth in said law.The funds of the Operation will be used exclusively to acquire receivables associated with the stabilization mechanism established by the aforementioned Law.
Lubircantes Importados de Nicaragua, S.A. <p>Lubircantes Importados de Nicaragua, S.A.</p> <p>Lubircantes Importados de Nicaragua, S.A.</p>
Corridor A of Argentina's Road Network Public Private Partnership <p>Corridor A of Argentina's Road Network Public Private Partnership</p> <p>Corridor A of Argentina's Road Network Public Private Partnership</p>
Banco de Reservas - 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>
Banco Industrial S.A. 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>
Manantiales Wind Project The objective of the Project is the financing of the construction, operation and maintenance of a 50MW wind park and its associated facilities including a 19km 132 kV transmission line, and an a second phase that will add additional 50MW of installed capacity. The total project cost is approximately US$ 200 million and will be financed on a corporate basis. The financial plan for the project will include an A loan of up to US$ 100 million with a 9 year tenor, and a B loan of up to US$ 100 million with a tenor of up to 7 years. The loan will also include a grace period of up to 3 years. The project will contribute to the development of renewable energy in Argentina by contributing to the diversification of its energy matrix. The first phase of the project will add 50 MW of renewable capacity to the national grid thus decreasing fossil fuel generation reliance; and by displacing approximately 127,970 equivalent tons of carbon emissions per year. The objective of the Project is the financing of the construction, operation and maintenance of a 50MW wind park and its associated facilities including a 19km 132 kV transmission line, and an a second phase that will add additional 50MW of installed capacity. The total project cost is approximately US$ 200 million and will be financed on a corporate basis. The financial plan for the project will include an A loan of up to US$ 100 million with a 9 year tenor, and a B loan of up to US$ 100 million with a tenor of up to 7 years. The loan will also include a grace period of up to 3 years. The project will contribute to the development of renewable energy in Argentina by contributing to the diversification of its energy matrix. The first phase of the project will add 50 MW of renewable capacity to the national grid thus decreasing fossil fuel generation reliance; and by displacing approximately 127,970 equivalent tons of carbon emissions per year.
Development of Associative and Community Platforms for Access to Financing <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>
Banco do Brasil The proposed financing consists of an A/B senior unsecured loan of approximately US$500 million to Banco do Brasil S.A (“BdB” or the “Bank”) as follows: (i) IIC A loan of up to US$30 million to be funded by the IIC; (ii) IDB A loan of up to US$70 million to be funded by the IDB; and (iii) B loan expected to be of approximately US$400 million to be funded through the sale of participations to commercial lenders (the “Financing”). The term of the IIC A loan and the IDB A Loan is expected to be up to 5 years with up to one year of grace.This Project constitutes the first commercial financing in which BdB has worked with a multilateral institution and the first time that it will enter into an A/B loan agreement, though BdB has participated in several IIC-led A/B loans as a B lender and, in this context, has always had an excellent relationship with the IDB Group.The Financing is intended to support BdB in increasing access to financing for micro and small enterprises (MSEs) involved along the agribusiness value chain in Brazil. Specifically, the A loan will be dedicated to serving those MSEs operating in underserved areas of the country, including the Northeast, while the B loan will work with agribusiness MSEs throughout the country. In addition, the IIC will seek to support BdB with advisory services focused on its microentrepreneur clients on issues of financial education. The proposed financing consists of an A/B senior unsecured loan of approximately US$500 million to Banco do Brasil S.A (“BdB” or the “Bank”) as follows: (i) IIC A loan of up to US$30 million to be funded by the IIC; (ii) IDB A loan of up to US$70 million to be funded by the IDB; and (iii) B loan expected to be of approximately US$400 million to be funded through the sale of participations to commercial lenders (the “Financing”). The term of the IIC A loan and the IDB A Loan is expected to be up to 5 years with up to one year of grace.This Project constitutes the first commercial financing in which BdB has worked with a multilateral institution and the first time that it will enter into an A/B loan agreement, though BdB has participated in several IIC-led A/B loans as a B lender and, in this context, has always had an excellent relationship with the IDB Group.The Financing is intended to support BdB in increasing access to financing for micro and small enterprises (MSEs) involved along the agribusiness value chain in Brazil. Specifically, the A loan will be dedicated to serving those MSEs operating in underserved areas of the country, including the Northeast, while the B loan will work with agribusiness MSEs throughout the country. In addition, the IIC will seek to support BdB with advisory services focused on its microentrepreneur clients on issues of financial education.
LATAM Circular Economy Fund <p>LATAM Circular Economy Fund</p> <p>LATAM Circular Economy Fund</p>
Kola Shaler Industrial, S.A. <p>Kola Shaler Industrial, S.A.</p> <p>Kola Shaler Industrial, S.A.</p>
Adelca Ecuador - Import Finance This transaction consists of a total financing of up to US$30 million to Acería del Ecuador C.A (“Adelca”).Adelca is the leading company in the production and marketing of steel products and derivatives in Ecuador, with an experience spanning 60 years. It focuses on meeting the needs of the construction sector through the wholesale channel and directly to its customers.The proposed financing consists of: (i) a senior committed facility for up to US$15 million to finance imports of inputs for the development of a new steel production line; (ii) a senior uncommitted facility for up to US$10 million for the same use of funds; and (iii) a senior uncommitted loan for up to US$5 million to finance digital transformation projects to optimize its steel manufacturing process. This transaction consists of a total financing of up to US$30 million to Acería del Ecuador C.A (“Adelca”).Adelca is the leading company in the production and marketing of steel products and derivatives in Ecuador, with an experience spanning 60 years. It focuses on meeting the needs of the construction sector through the wholesale channel and directly to its customers.The proposed financing consists of: (i) a senior committed facility for up to US$15 million to finance imports of inputs for the development of a new steel production line; (ii) a senior uncommitted facility for up to US$10 million for the same use of funds; and (iii) a senior uncommitted loan for up to US$5 million to finance digital transformation projects to optimize its steel manufacturing process.
Desarrollo Agricola, S.A. II <p>Desarrollo Agricola, S.A. II</p> <p>Desarrollo Agricola, S.A. II</p>
Desarrollo Agricola, S.A. <p>Desarrollo Agricola, S.A.</p> <p>Desarrollo Agricola, S.A.</p>
El Salvador Airport Solar PV Project <p>El Salvador Airport Solar PV Project</p> <p>El Salvador Airport Solar PV Project</p>
Santander Thematic loan <p>Santander Thematic loan</p> <p>Santander Thematic loan</p>
Caja 18 - Social Loan with Silver Economy Focus The proposed project includes a financing mechanism for Caja de Compensación de Asignación Familiar 18 de Septiembre (“Caja 18”) that will allow Caja 18 to deepen and expand its financial inclusion program for workers and pensioners, improving access to financial services to sectors excluded and neglected from traditional banking. This project will help Caja 18 to structure sustainable financing for an amount of up to CLP14,165 million (equivalent to US$20 million), which will have a term of up to three years with a one-year grace period. The proposed project includes a financing mechanism for Caja de Compensación de Asignación Familiar 18 de Septiembre (“Caja 18”) that will allow Caja 18 to deepen and expand its financial inclusion program for workers and pensioners, improving access to financial services to sectors excluded and neglected from traditional banking. This project will help Caja 18 to structure sustainable financing for an amount of up to CLP14,165 million (equivalent to US$20 million), which will have a term of up to three years with a one-year grace period.