devinitorg/iati-policy-markers huggingface dataset:
Mobile Handset Receivables Purchase Facility The Project consists of an uncommitted receivables purchase facility for US$100 million ("Facility") to sell mobile phone handset receivables originated by Telefonica Móviles Chile S.A. (the "Company" or "Movistar Chile"). The Facility will have an availability period of 48 months. The receivables have a repayment period of up to 24 months from the issuance date of the lease contract. Under the Facility, IDB Invest shall purchase, in its sole discretion, the mobile phone handset receivables.The Project seeks to support the adoption and use of smartphones that allow the final subscribers of Movistar Chile to access to data services. Greater access to data services has a positive impact on economic development since broadband penetration facilitates the creation of jobs, promotes the creation of businesses, increases productivity, and positively impacts per capita growth. However, there are important barriers to deal with dramatic growth in data uses, one of which is the cost of acquiring equipment and technologies that allow end users to use Internet services. The proposed Project is one of the ways that IDB Invest will seek to address this barrier. The Project consists of an uncommitted receivables purchase facility for US$100 million ("Facility") to sell mobile phone handset receivables originated by Telefonica Móviles Chile S.A. (the "Company" or "Movistar Chile"). The Facility will have an availability period of 48 months. The receivables have a repayment period of up to 24 months from the issuance date of the lease contract. Under the Facility, IDB Invest shall purchase, in its sole discretion, the mobile phone handset receivables.The Project seeks to support the adoption and use of smartphones that allow the final subscribers of Movistar Chile to access to data services. Greater access to data services has a positive impact on economic development since broadband penetration facilitates the creation of jobs, promotes the creation of businesses, increases productivity, and positively impacts per capita growth. However, there are important barriers to deal with dramatic growth in data uses, one of which is the cost of acquiring equipment and technologies that allow end users to use Internet services. The proposed Project is one of the ways that IDB Invest will seek to address this barrier.
QBE del Istmo QBE del Istmo specializes in reinsurance. It is headquartered in Panama and has a presence in more than twenty countries throughout Central and South America. The company is 60% Panamanian-owned; the remaining 40% is controlled by Australia’s QBE Insurance Group, which ranks among the twenty-five largest insurers in the world. The company serves small and medium-size local insurance companies with a traditional reinsurance product base. QBE del Istmo wrote more than US$202 million in premiums in 2008.The project consists of a US$10 million investment in redeemable preferred shares. The purpose of the investment is to enable QBE del Istmo to expand its presence in the region and diversify its range of products and services. QBE del Istmo began its expansion by acquiring American Assurance, an insurance company in Panama. In 2008 QBE del Istmo entered the dental insurance market in Brazil, Chile, Costa Rica, Colombia, and Ecuador. The investment will boost these operations and help the company further develop products and serve segments that are not served by large, worldwide reinsurance companies. In 2008 QBE del Istmo wrote more than 500 dental insurance and/or assistance policies per day in the region. QBE del Istmo specializes in reinsurance. It is headquartered in Panama and has a presence in more than twenty countries throughout Central and South America. The company is 60% Panamanian-owned; the remaining 40% is controlled by Australia’s QBE Insurance Group, which ranks among the twenty-five largest insurers in the world. The company serves small and medium-size local insurance companies with a traditional reinsurance product base. QBE del Istmo wrote more than US$202 million in premiums in 2008.The project consists of a US$10 million investment in redeemable preferred shares. The purpose of the investment is to enable QBE del Istmo to expand its presence in the region and diversify its range of products and services. QBE del Istmo began its expansion by acquiring American Assurance, an insurance company in Panama. In 2008 QBE del Istmo entered the dental insurance market in Brazil, Chile, Costa Rica, Colombia, and Ecuador. The investment will boost these operations and help the company further develop products and serve segments that are not served by large, worldwide reinsurance companies. In 2008 QBE del Istmo wrote more than 500 dental insurance and/or assistance policies per day in the region.
BBVA Uruguay - 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>
BBVA Paraguay SME Partnership The proposed operation includes a partial credit guarantee of up to 155.8 billion Guaraníes (“PYG”) to be issued in favor of the Instituto de Previsión Social (“IPS”). IPS will provide a loan to BBVA Paraguay (the “Guaranteed Loan”) for the guaranteed amount, the Inter-American Development Bank (“IDB”) and the Inter-American Investment Corporation (“IIC”) will grant a guarantee in favor of IPS covering the credit risk of BBVA Paraguay (Guarantee IDB/IIC) IPS under the Guaranteed Loan. The IPS disbursement will be made through a Trust Manager, Agencia Financiera de Desarrollo, through whom IPS will receive payments for the Guaranteed Loan. The Guaranteed Loan will have a term of up to five years, with two years of grace, and semi-annual amortization. The use of funds for the Guaranteed Loan will be to finance small and medium enterprises (“SMEs”) in the productive sector of Paraguay. The proposed operation includes a partial credit guarantee of up to 155.8 billion Guaraníes (“PYG”) to be issued in favor of the Instituto de Previsión Social (“IPS”). IPS will provide a loan to BBVA Paraguay (the “Guaranteed Loan”) for the guaranteed amount, the Inter-American Development Bank (“IDB”) and the Inter-American Investment Corporation (“IIC”) will grant a guarantee in favor of IPS covering the credit risk of BBVA Paraguay (Guarantee IDB/IIC) IPS under the Guaranteed Loan. The IPS disbursement will be made through a Trust Manager, Agencia Financiera de Desarrollo, through whom IPS will receive payments for the Guaranteed Loan. The Guaranteed Loan will have a term of up to five years, with two years of grace, and semi-annual amortization. The use of funds for the Guaranteed Loan will be to finance small and medium enterprises (“SMEs”) in the productive sector of Paraguay.
TCP Port Expansion Program In February 2021, within the framework of a broad agreement between the Government of the Eastern Republic of Uruguay and Katoen Natie ("KN"), the majority shareholder of TCP, these parties agreed to expand the infrastructure of the specialized container terminal of the port of Montevideo. According to present estimates, the Borrower will invest an amount exceeding US$600 million in order to position the port as a regional and competitive Hub in the region. Said investment will contemplate, among the most significant, the following: ( i) new gantry cranes and horizontal transfer equipment; (ii) expansion and modernization of truck access at the Terminal; (iii) new paving of the original container yard; and (iv) new computer systems.Once the works are completed, the port of Montevideo will have a specialized state-of-the-art container terminal, which will at least double its annual capacity and will allow it to serve the most modern ships (400m). The two docks, which will total more than 1,300m, will allow TCP to operate 4 container ships simultaneously. Likewise, this increase in capacity and concentration of cargo will improve the efficiency of the operation and reduce costs per container, with the aim of placing Montevideo in a privileged place on the map of transit cargo exchange routes. and transshipment, consolidating its strategic position and attracting cargo to said port. In February 2021, within the framework of a broad agreement between the Government of the Eastern Republic of Uruguay and Katoen Natie ("KN"), the majority shareholder of TCP, these parties agreed to expand the infrastructure of the specialized container terminal of the port of Montevideo. According to present estimates, the Borrower will invest an amount exceeding US$600 million in order to position the port as a regional and competitive Hub in the region. Said investment will contemplate, among the most significant, the following: ( i) new gantry cranes and horizontal transfer equipment; (ii) expansion and modernization of truck access at the Terminal; (iii) new paving of the original container yard; and (iv) new computer systems.Once the works are completed, the port of Montevideo will have a specialized state-of-the-art container terminal, which will at least double its annual capacity and will allow it to serve the most modern ships (400m). The two docks, which will total more than 1,300m, will allow TCP to operate 4 container ships simultaneously. Likewise, this increase in capacity and concentration of cargo will improve the efficiency of the operation and reduce costs per container, with the aim of placing Montevideo in a privileged place on the map of transit cargo exchange routes. and transshipment, consolidating its strategic position and attracting cargo to said port.
Vicunha Ecuador Tercera Operación This transaction (the "Operation" or "Transaction") is the third operation undertaken with Vicunha Ecuador S.A. (the "Client" or the "Company"), which is part of a major Brazilian textile manufacturing group (Vicunha Brasil). The Operation seeks to provide financial assistance to the Client, who has been forced to materially decrease the operations of its Quito plant since March and its exports since April 2020, as a result of the measures adopted by the Government of Ecuador to cope with the COVID-19 global pandemic. The Transaction consists of providing the Client with working capital to: i) extend the maturity of outstanding payments for existing loans granted by Inter-American Development Bank (IDB); and ii) finance the Company's working capital needs to recover its operations. This transaction (the "Operation" or "Transaction") is the third operation undertaken with Vicunha Ecuador S.A. (the "Client" or the "Company"), which is part of a major Brazilian textile manufacturing group (Vicunha Brasil). The Operation seeks to provide financial assistance to the Client, who has been forced to materially decrease the operations of its Quito plant since March and its exports since April 2020, as a result of the measures adopted by the Government of Ecuador to cope with the COVID-19 global pandemic. The Transaction consists of providing the Client with working capital to: i) extend the maturity of outstanding payments for existing loans granted by Inter-American Development Bank (IDB); and ii) finance the Company's working capital needs to recover its operations.
Compañía Distribuidora de Nicaragua S.A. The loan to CDN aims to provide long-term financing for the construction of a new distribution center located in Sabana Grande, outside of Managua capital.  The estimated total project is estimated at US$25 million.The construction will include storage warehouses, parking lots, administrative office buildings, service areas, and a new filtration well system, which re-inserts rainwater into the aquifers of the zone. This will be the biggest warehousing facility in the country that has this sustainability characteristic.At the same time and as part of the indirect benefits of the project, some rural roads in poor condition around the project will be enhance. For example: routes #1 and #154 that rides East-West could be connected completely with a North-South corridor that passes in front of the new facilities.  Approximately, 1.6 kilometers in bad conditions (access roads to new CDN facilities) will be enhanced to facilitate better circulation around the area, and will also help decongesting traffic over Nicaragua’s most important route (Pan-American CA#1). The loan to CDN aims to provide long-term financing for the construction of a new distribution center located in Sabana Grande, outside of Managua capital.  The estimated total project is estimated at US$25 million.The construction will include storage warehouses, parking lots, administrative office buildings, service areas, and a new filtration well system, which re-inserts rainwater into the aquifers of the zone. This will be the biggest warehousing facility in the country that has this sustainability characteristic.At the same time and as part of the indirect benefits of the project, some rural roads in poor condition around the project will be enhance. For example: routes #1 and #154 that rides East-West could be connected completely with a North-South corridor that passes in front of the new facilities.  Approximately, 1.6 kilometers in bad conditions (access roads to new CDN facilities) will be enhanced to facilitate better circulation around the area, and will also help decongesting traffic over Nicaragua’s most important route (Pan-American CA#1).
MACORP Headquarter Construction Project <p>MACORP Headquarter Construction Project</p> <p>MACORP Headquarter Construction Project</p>
Financing for Municipal Market Modernization <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>
Routes 2 and 7 This Project consists of the expansion and improvement of National Route No. 2 (Mariscal José Félix Estigarribia) and Route No. 7 (José Gaspar Rodríguez de Francia) from Ypacaraí (Km42) to the Tape Pora concession (Km 183), encompassing a 141 Km extension. Construction works include duplicating and/or expanding the road with four lanes, building bridges, overpasses, service roads, and bypasses for traffic re-routing in main urban areas. This Project is carried out under a Public-Private Partnership (PPP) based on provisions under Law 5,102/13 “Promotion of Public Infrastructure Investments, and Expansion and Improvement of State-owned Goods and Services”. The Ministry of Public Works and Communications (MOPC in Spanish) is the authority awarding the PPP agreement, and the government agency responsible for developing environmental and social guidelines for the Project design, construction, operation, maintenance, and closing phases.The IIC participation will contribute to leverage international market resources through a guarantor position during the initial construction phases, and then the Corporation will become a long-term lender of the Project over the PPP contract. This Project consists of the expansion and improvement of National Route No. 2 (Mariscal José Félix Estigarribia) and Route No. 7 (José Gaspar Rodríguez de Francia) from Ypacaraí (Km42) to the Tape Pora concession (Km 183), encompassing a 141 Km extension. Construction works include duplicating and/or expanding the road with four lanes, building bridges, overpasses, service roads, and bypasses for traffic re-routing in main urban areas. This Project is carried out under a Public-Private Partnership (PPP) based on provisions under Law 5,102/13 “Promotion of Public Infrastructure Investments, and Expansion and Improvement of State-owned Goods and Services”. The Ministry of Public Works and Communications (MOPC in Spanish) is the authority awarding the PPP agreement, and the government agency responsible for developing environmental and social guidelines for the Project design, construction, operation, maintenance, and closing phases.The IIC participation will contribute to leverage international market resources through a guarantor position during the initial construction phases, and then the Corporation will become a long-term lender of the Project over the PPP contract.
Pozo Almonte and Calama Solar Photovoltaic Power Project <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>
Vinte III Vinte is a holding company with subsidiaries that develop, promote, design, build, and sell social-interest, middle-income, and upper-income housing, primarily in five states in the center of Mexico.The proposed operation with Vinte is a revolving credit line for financing the construction of social-interest, middle-income, and upper-income housing in Mexico. The proposed line of MX$300 million will comprise a committed tranche of MX$200 million and an uncommitted tranche of MX$100 million. Vinte is a holding company with subsidiaries that develop, promote, design, build, and sell social-interest, middle-income, and upper-income housing, primarily in five states in the center of Mexico.The proposed operation with Vinte is a revolving credit line for financing the construction of social-interest, middle-income, and upper-income housing in Mexico. The proposed line of MX$300 million will comprise a committed tranche of MX$200 million and an uncommitted tranche of MX$100 million.
Granjas Marinas Larvicultura S.A. <p>Granjas Marinas Larvicultura S.A.</p> <p>Granjas Marinas Larvicultura S.A.</p>
Sacyr Construccion Regional Equipment Lease SBLC Facility The transaction consists of the granting of stand-by letters of credit to local commercial banks in connection with the leasing of imported equipment by subsidiaries of Sacyr Construcción SAU for up to US$20 million by eligible subsidiaries in Chile, Colombia, Paraguay, Peru and Uruguay. These eligible subsidiaries will use the equipment in strategic infrastructure projects in the region. The transaction consists of the granting of stand-by letters of credit to local commercial banks in connection with the leasing of imported equipment by subsidiaries of Sacyr Construcción SAU for up to US$20 million by eligible subsidiaries in Chile, Colombia, Paraguay, Peru and Uruguay. These eligible subsidiaries will use the equipment in strategic infrastructure projects in the region.
Finca El Salvador The objective of the proposed loan is to support the lending activities of FINCA El Salvador, which provides working capital financing to the lowest-income entrepreneurs so they can create jobs, build assets, and improve their standard of living. These entrepreneurs are the owners of micro and small enterprises from the country working in a variety of productive sectors, especially commerce, industry, services, and agribusiness. Financing on appropriate terms will make it possible to generate direct and indirect employment and improve the financial structure of these small companies, which have limited access to financing. FINCA’s strategy in El Salvador is to focus operations on underserved markets and groups, especially rural areas and women. The objective of the proposed loan is to support the lending activities of FINCA El Salvador, which provides working capital financing to the lowest-income entrepreneurs so they can create jobs, build assets, and improve their standard of living. These entrepreneurs are the owners of micro and small enterprises from the country working in a variety of productive sectors, especially commerce, industry, services, and agribusiness. Financing on appropriate terms will make it possible to generate direct and indirect employment and improve the financial structure of these small companies, which have limited access to financing. FINCA’s strategy in El Salvador is to focus operations on underserved markets and groups, especially rural areas and women.
RWL SAN QUINTIN (ME4117A-01) <p>RWL SAN QUINTIN (ME4117A-01)</p> <p>RWL SAN QUINTIN (ME4117A-01)</p>
Optima Energia Energy Efficient Roadway Lighting <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>
Santander Brasil (BR3865A-01) <p>Santander Brasil (BR3865A-01)</p> <p>Santander Brasil (BR3865A-01)</p>
Rabobank BR V The objective of the proposed loan is to provide Banco Rabobank International Brasil S.A. with a subordinated loan that is, in accordance with National Monetary Council regulations, considered as Tier II capital of the borrower. Ultimately, the loan proceeds will be applied to expand the activities of the bank connected with its portfolio of local receivables and rural finance for small and medium-size enterprises (SMEs) and individuals. These SMEs and individuals in Brazil require medium- or long-term financing in order to assist in their operations, or short-term financing for procuring goods and services from larger companies on better terms. Financing on appropriate terms will make it possible to generate direct and indirect employment and improve the financial structure of SMEs, which have limited access to financing with terms of more than one year. The objective of the proposed loan is to provide Banco Rabobank International Brasil S.A. with a subordinated loan that is, in accordance with National Monetary Council regulations, considered as Tier II capital of the borrower. Ultimately, the loan proceeds will be applied to expand the activities of the bank connected with its portfolio of local receivables and rural finance for small and medium-size enterprises (SMEs) and individuals. These SMEs and individuals in Brazil require medium- or long-term financing in order to assist in their operations, or short-term financing for procuring goods and services from larger companies on better terms. Financing on appropriate terms will make it possible to generate direct and indirect employment and improve the financial structure of SMEs, which have limited access to financing with terms of more than one year.
Ashmore Andean Fund (RG-L1075) <p>Ashmore Andean Fund (RG-L1075)</p> <p>Ashmore Andean Fund (RG-L1075)</p>
Operaciones Familiares S.A. The objective of this IIC operation is to fund the partial renovation of Budget Rent a Car Nicaragua’s fleet of vehicles during the 2014-2015 period.OFASA is a company owned by the Solórzano family. It was founded in the 1970s. OFASA has the Budget Rent a Car franchise in Nicaragua. It currently has a fleet of about 400 vehicles at 10 different locations. The objective of this IIC operation is to fund the partial renovation of Budget Rent a Car Nicaragua’s fleet of vehicles during the 2014-2015 period.OFASA is a company owned by the Solórzano family. It was founded in the 1970s. OFASA has the Budget Rent a Car franchise in Nicaragua. It currently has a fleet of about 400 vehicles at 10 different locations.