devinitorg/iati-policy-markers huggingface dataset:
Genomma Lab The Project with Genomma Lab has two components: (i) an Uncommitted Revolving Line of Credit for MX$200 million, or its equivalent in US$ (“Facility”) to purchase accounts payables issued by Genomma Lab 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, and (ii) a long-term loan for up to MX$1.0 billion (“Long-Term Loan”) to finance the construction, equipment and operation of its new manufacturing plant in Toluca, Estado de México.The Facility will provide Genomma Lab’s suppliers with an innovative alternate solution to finance their working capital needs, using E-Factor Network platform to sell to IDB Invest Genomma Lab’s accounts payables. This solution will enable Genomma Lab’s suppliers (including small and medium size companies, “SME’s”), to obtain financing in much favorable conditions than those they can obtain in the local market on their own. SME’s Supply Chain Financing through corporates like Genomma Lab 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.The Long-Term Loan will finance Genomma Lab’s new manufacturing plant. This new facility will have an important developmental impact, including the following: (a.) job creation, (b.) hard currency generation, (c.) establishment of a new productive Cluster, and (d.) installation of a new state of the art manufacturing plant. The Project with Genomma Lab has two components: (i) an Uncommitted Revolving Line of Credit for MX$200 million, or its equivalent in US$ (“Facility”) to purchase accounts payables issued by Genomma Lab 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, and (ii) a long-term loan for up to MX$1.0 billion (“Long-Term Loan”) to finance the construction, equipment and operation of its new manufacturing plant in Toluca, Estado de México.The Facility will provide Genomma Lab’s suppliers with an innovative alternate solution to finance their working capital needs, using E-Factor Network platform to sell to IDB Invest Genomma Lab’s accounts payables. This solution will enable Genomma Lab’s suppliers (including small and medium size companies, “SME’s”), to obtain financing in much favorable conditions than those they can obtain in the local market on their own. SME’s Supply Chain Financing through corporates like Genomma Lab 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.The Long-Term Loan will finance Genomma Lab’s new manufacturing plant. This new facility will have an important developmental impact, including the following: (a.) job creation, (b.) hard currency generation, (c.) establishment of a new productive Cluster, and (d.) installation of a new state of the art manufacturing plant.
Caja La Araucana A/B Financial Inclusion Partnership The proposed transaction consists of an A/B loan for up to US$70 million (the “Loan”), financed as follows: (i)a committed loan for up toUS$20 million to be financed by IDB Invest; (ii)an uncommitted loanfor up to US$30 million, also to be financed by IDB Invest; and (iii) a B loan for up to US$20 million to be financed by institutional investors.The Loan has an availability period of up to seven years, with each facility having an amortizable term of up to two years. The Project aims to increase Caja Araucana’s available financing so thatit can increase its operations (balance sheet) of social credit for women workers, social credit for pensioners, and green social credit. Technical advisory services are also being designed to help Caja Araucana develop its sustainability strategy. The proposed transaction consists of an A/B loan for up to US$70 million (the “Loan”), financed as follows: (i)a committed loan for up toUS$20 million to be financed by IDB Invest; (ii)an uncommitted loanfor up to US$30 million, also to be financed by IDB Invest; and (iii) a B loan for up to US$20 million to be financed by institutional investors.The Loan has an availability period of up to seven years, with each facility having an amortizable term of up to two years. The Project aims to increase Caja Araucana’s available financing so thatit can increase its operations (balance sheet) of social credit for women workers, social credit for pensioners, and green social credit. Technical advisory services are also being designed to help Caja Araucana develop its sustainability strategy.
Banco Santander Mexico 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>
Corporación Favorita, C.A. The transaction consists of guaranteed, long-term core financing for Corporación Favorita, C.A. (“CF”, “the Company” or “the Client”). To date, CF is the largest self-services chain in Ecuador, the largest private company in terms of income, and the second largest employer in the country.[1] This Company is also in the process of becoming a MultiLatina, as it has invested in businesses in Chile, Colombia, Paraguay, Peru, and Costa Rica and holds a controlling interest in Panama’s Supermercados Rey since early 2019.IDB Invest's resources will allow the Company to execute its Capex 2018-2022 plan, allowing it to use its own resources to strengthen its business in Panama and continue its international expansion.Addendum: On may 27, 2022 this publication is reviewed to include an additional tranche to be mobilized with international banks to partially finance the expansion of CF's operations in Panama.[1] Source: Vistazo Magazine No. 1250 September 2019, “500 Mayores Empresas del Ecuador” Special. The transaction consists of guaranteed, long-term core financing for Corporación Favorita, C.A. (“CF”, “the Company” or “the Client”). To date, CF is the largest self-services chain in Ecuador, the largest private company in terms of income, and the second largest employer in the country.[1] This Company is also in the process of becoming a MultiLatina, as it has invested in businesses in Chile, Colombia, Paraguay, Peru, and Costa Rica and holds a controlling interest in Panama’s Supermercados Rey since early 2019.IDB Invest's resources will allow the Company to execute its Capex 2018-2022 plan, allowing it to use its own resources to strengthen its business in Panama and continue its international expansion.Addendum: On may 27, 2022 this publication is reviewed to include an additional tranche to be mobilized with international banks to partially finance the expansion of CF's operations in Panama.[1] Source: Vistazo Magazine No. 1250 September 2019, “500 Mayores Empresas del Ecuador” Special.
Pirapora II Solar PV Project <p>Pirapora II Solar PV Project</p> <p>Pirapora II Solar PV Project</p>
Avanzalia Solar Panama <p>Avanzalia Solar Panama</p> <p>Avanzalia Solar Panama</p>
ETESA - Institutional Reinforcement  and  Financial Sustainability - 3rd Transmission Line Bridge Loan <p>ETESA - Institutional Reinforcement  and  Financial Sustainability - 3rd Transmission Line Bridge Loan</p> <p>ETESA - Institutional Reinforcement  and  Financial Sustainability - 3rd Transmission Line Bridge Loan</p>
Odata Mexico Expansion <p>Odata Mexico Expansion</p> <p>Odata Mexico Expansion</p>
Xante El financiamiento propuesto consiste en un préstamo convertible a acciones de XANTE&VI S.A.P.I de C.V. por hasta MXN 500 millones. A través de esta línea, BID Invest busca apoyar el crecimiento del negocio y cubrir sus necesidades de trabajo, incluyendo la adquisición, el mantenimiento y reacondicionamiento de viviendas. Los beneficiarios finales serán los propietarios de viviendas usadas en el segmento de interés social y medio en búsqueda de una fuente de alta liquidez; y nuevos compradores que tendrán acceso a una mayor oferta de vivienda asequible y de calidad. El financiamiento propuesto consiste en un préstamo convertible a acciones de XANTE&VI S.A.P.I de C.V. por hasta MXN 500 millones. A través de esta línea, BID Invest busca apoyar el crecimiento del negocio y cubrir sus necesidades de trabajo, incluyendo la adquisición, el mantenimiento y reacondicionamiento de viviendas. Los beneficiarios finales serán los propietarios de viviendas usadas en el segmento de interés social y medio en búsqueda de una fuente de alta liquidez; y nuevos compradores que tendrán acceso a una mayor oferta de vivienda asequible y de calidad.
Mariposa Geothermal Power Project (CH-L1104) <p>Mariposa Geothermal Power Project (CH-L1104)</p> <p>Mariposa Geothermal Power Project (CH-L1104)</p>
Ejido Verde Reforestation <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>
Divisa Solar 10MW, S.A. The Inter-American Investment Corporation (IIC) approved a loan of up to US$11.9 million to Divisa Solar 10MW S.A. to fund the construction, development, and commissioning of a photovoltaic power plant with nominal capacity of 9.9 MWp in the province of Coclé, Panama. The Inter-American Investment Corporation (IIC) approved a loan of up to US$11.9 million to Divisa Solar 10MW S.A. to fund the construction, development, and commissioning of a photovoltaic power plant with nominal capacity of 9.9 MWp in the province of Coclé, Panama.
Galicia Advent Argentina Fund <p>Galicia Advent Argentina Fund</p> <p>Galicia Advent Argentina Fund</p>
Pure Leasing S.A. de CV The project consists of a loan of up to 150 million Mexican pesos to a leasing company. Through the loan the IIC will promote financing for capital goods for small and medium-size companies in Mexico. The project consists of a loan of up to 150 million Mexican pesos to a leasing company. Through the loan the IIC will promote financing for capital goods for small and medium-size companies in Mexico.
Sustainable Investment Management (SIM)) <p>Sustainable Investment Management (SIM))</p> <p>Sustainable Investment Management (SIM))</p>
Wind Power Energia S.A. Wind Power Energía S.A. (WPE) is a member of Grupo IMPSA, which has designed, produced and marketed high capacity wind power equipment since September 2008 in Cabo de Santo Agostinho, State of Pernambuco, Brazil.WPE also provides construction services, including the assembly and installation of generators, electrical components, and other industrial equipment for the energy sector. Its annual production capacity is 300 wind generators and it is expanding to produce electromechanical equipment for hydroelectric plants, as well as increasing its capacity for producing wind power generators. WPE primarily supplies wind farms in Brazil and, depending on demand, may begin to supply wind farms in Argentina, Chile, Uruguay, and other locations. It is the only company in Latin America with the technology to produce this kind of equipment. Currently, the assembly of domestic and imported parts at its manufacturing plant in Recife involves a heavy workload for the company’s electrical engineers.This IIC operation seeks to provide Wind Power Energía with financing for working capital for its growing production and supply of wind generators and to meet the increased demand for wind farms in Santa Catarina and Ceará, in Brazil. Wind Power Energía S.A. (WPE) is a member of Grupo IMPSA, which has designed, produced and marketed high capacity wind power equipment since September 2008 in Cabo de Santo Agostinho, State of Pernambuco, Brazil.WPE also provides construction services, including the assembly and installation of generators, electrical components, and other industrial equipment for the energy sector. Its annual production capacity is 300 wind generators and it is expanding to produce electromechanical equipment for hydroelectric plants, as well as increasing its capacity for producing wind power generators. WPE primarily supplies wind farms in Brazil and, depending on demand, may begin to supply wind farms in Argentina, Chile, Uruguay, and other locations. It is the only company in Latin America with the technology to produce this kind of equipment. Currently, the assembly of domestic and imported parts at its manufacturing plant in Recife involves a heavy workload for the company’s electrical engineers.This IIC operation seeks to provide Wind Power Energía with financing for working capital for its growing production and supply of wind generators and to meet the increased demand for wind farms in Santa Catarina and Ceará, in Brazil.
Banco Economico MSME Financing Partnership (BO-L1094) <p>Banco Economico MSME Financing Partnership (BO-L1094)</p> <p>Banco Economico MSME Financing Partnership (BO-L1094)</p>
Profertil Profertil is an Argentinian company that produces fertilizers; its main product is granulated urea for improving agricultural yields. Profertil has a production capacity of 1.1 million tons of granulated urea per year. It is the only company producing this type of fertilizer in Argentina and much of the region. Profertil markets almost all of its production in the local market, but it also exports to other countries in the region and beyond.The IIC loan will comprise an A loan and a B loan for a total of up to US$65 million. The purpose of the loan is to refinance some of Profertil’s short-term liabilities and fund capital expenses and investments. The IIC will syndicate part of the loan to attract other banks to provide Profertil with financing on the same terms. The IIC loan will help Profertil boost its operations by making cash flow planning and forecasting easier. Profertil is an Argentinian company that produces fertilizers; its main product is granulated urea for improving agricultural yields. Profertil has a production capacity of 1.1 million tons of granulated urea per year. It is the only company producing this type of fertilizer in Argentina and much of the region. Profertil markets almost all of its production in the local market, but it also exports to other countries in the region and beyond.The IIC loan will comprise an A loan and a B loan for a total of up to US$65 million. The purpose of the loan is to refinance some of Profertil’s short-term liabilities and fund capital expenses and investments. The IIC will syndicate part of the loan to attract other banks to provide Profertil with financing on the same terms. The IIC loan will help Profertil boost its operations by making cash flow planning and forecasting easier.
Hipotecaria Vertice S.A. de CV Sofol Hipotecaria Vértice S.A. de C.V. Sofom E.N.R. (Hipotecaria Vértice) is a Mexican company that finances real estate projects and residential mortgages, seeking to help increase its clients’ assets. The purpose of this IIC project is to support lending and fund the growth of the portfolio of loans to housing developers, especially those that are environmentally friendly. With this loan of 50 millon Mexican pesos, the IIC would be helping Hipotecaria Vértice diversify its sources of funding. Hipotecaria Vértice S.A. de C.V. Sofom E.N.R. (Hipotecaria Vértice) is a Mexican company that finances real estate projects and residential mortgages, seeking to help increase its clients’ assets. The purpose of this IIC project is to support lending and fund the growth of the portfolio of loans to housing developers, especially those that are environmentally friendly. With this loan of 50 millon Mexican pesos, the IIC would be helping Hipotecaria Vértice diversify its sources of funding.
Bahamas Port Investments Limited <p>Bahamas Port Investments Limited</p> <p>Bahamas Port Investments Limited</p>
Corporación Andina de Fomento Establish a direct project cofinancing program targeting the private sector, in order to provide long-term financing to small and medium-size companies in the beneficiary countries of CAF and regional members of the IIC. The main goal of this IIC/CAF project is to help make corporate management more competitive in order to increase the generation of net revenue and foster foreign currency savings in these countries. In addition, this program aims to benefit from the strengths and know-how of both institutions. Establish a direct project cofinancing program targeting the private sector, in order to provide long-term financing to small and medium-size companies in the beneficiary countries of CAF and regional members of the IIC. The main goal of this IIC/CAF project is to help make corporate management more competitive in order to increase the generation of net revenue and foster foreign currency savings in these countries. In addition, this program aims to benefit from the strengths and know-how of both institutions.
Banco de Bogotá – Subordinated Sustainable Bond The Project consists in providing Tier II subordinated financing to Banco de Bogotá for a total amount of up to US$505 million, as follows: (i) the IDB Group will provide an amount of up to US$80 million; and (ii) other co‑investors will provide an amount of up to US$425 million, through a private placement issued by Banco de Bogotá. The term of the financing will be up to 10 years. The resources will be used for strengthening the capital and expanding the green portfolio and social portfolio focused on Micro, Small and Medium-Sized Enterprises (“MSMEs”). The use of funds will allow the issuance to be labeled as sustainable under the International Capital Market Association (“ICMA”) thematic bonds principles. The Project consists in providing Tier II subordinated financing to Banco de Bogotá for a total amount of up to US$505 million, as follows: (i) the IDB Group will provide an amount of up to US$80 million; and (ii) other co‑investors will provide an amount of up to US$425 million, through a private placement issued by Banco de Bogotá. The term of the financing will be up to 10 years. The resources will be used for strengthening the capital and expanding the green portfolio and social portfolio focused on Micro, Small and Medium-Sized Enterprises (“MSMEs”). The use of funds will allow the issuance to be labeled as sustainable under the International Capital Market Association (“ICMA”) thematic bonds principles.
NS AGRO S.A. The operation consists of a five-year term loan for a maximum amount of US$10 million. The loan to NS AGRO S.A. will be used to finance the permanent working capital of this company, also allowing it to improve its financial profile and diversify its sources of financing. The total cost of the project is US $10 million. The operation consists of a five-year term loan for a maximum amount of US$10 million. The loan to NS AGRO S.A. will be used to finance the permanent working capital of this company, also allowing it to improve its financial profile and diversify its sources of financing. The total cost of the project is US $10 million.
Comercial Kywi S.A. The project consists of a corporate loan to be used for funding permanent working capital requirements, principally inventory and accounts receivable. The loan will support growth and development plans for Comercial Kywi stores in Ecuador’s main cities. Kywi sells competitively-priced hardware products and construction and remodeling materials to all economic sectors in Ecuador. Kywi’s stores have a long, successful track record in Ecuador’s hardware and construction industries. They have grown significantly over the past few years with the opening of new, strategically located stores as well as large stores that offer a varied range of products. Comercial Kywi is a Corporación La Favorita group company; Corporación La Favorita is a leader in the supermarket and retail consumer product sector. The project consists of a corporate loan to be used for funding permanent working capital requirements, principally inventory and accounts receivable. The loan will support growth and development plans for Comercial Kywi stores in Ecuador’s main cities. Kywi sells competitively-priced hardware products and construction and remodeling materials to all economic sectors in Ecuador. Kywi’s stores have a long, successful track record in Ecuador’s hardware and construction industries. They have grown significantly over the past few years with the opening of new, strategically located stores as well as large stores that offer a varied range of products. Comercial Kywi is a Corporación La Favorita group company; Corporación La Favorita is a leader in the supermarket and retail consumer product sector.
Edilar Edilar, S.A. de C.V. is a Mexican company that holds three-party agreements with Mexico’s national education workers union (Sindicato Nacional de Trabajadores de la Educación, or SNTE) and the education departments of the federal entities of Mexico. Under the agreements, Edilar provides teachers with credit to pay for training and buy teaching materials and publications through the national teachers’ library program (Programa Nacional de Bibliotecas Magisteriales, or PNBM). The financing from the IIC will enable Edilar to expand its operations, to the benefit of at least 2,500 teachers. Edilar, S.A. de C.V. is a Mexican company that holds three-party agreements with Mexico’s national education workers union (Sindicato Nacional de Trabajadores de la Educación, or SNTE) and the education departments of the federal entities of Mexico. Under the agreements, Edilar provides teachers with credit to pay for training and buy teaching materials and publications through the national teachers’ library program (Programa Nacional de Bibliotecas Magisteriales, or PNBM). The financing from the IIC will enable Edilar to expand its operations, to the benefit of at least 2,500 teachers.
Multibank Inc. - 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>
Tecnofil Payable Financing <p>Tecnofil Payable Financing</p> <p>Tecnofil Payable Financing</p>
La Hipotecaria Wareshousing Facility - El Salvador <p>La Hipotecaria Wareshousing Facility - El Salvador</p> <p>La Hipotecaria Wareshousing Facility - El Salvador</p>