devinitorg/iati-policy-markers huggingface dataset:
San Miguel S.A. San Miguel A.G.I.C.I. y F. (Argentina); S.A. San Miguel Uruguay, Samifruit Uruguay S.A., San Miguel International Investments S.A. (Uruguay); andAgrícola Hoja Redonda S.A. (Perú) (jointly "San Miguel" or the "Companies")are one of the southern hemisphere’s primary producers and exporters of off-season fresh citrus (180,000 tons of lemon, sweet citrus avocado and grape), and of products derived from citrus crushing with added value (essential oils and essences, juice, pulp and peel). San Miguel is a citrus leader, with a 9% market share of the off-season lemon market and 15% of global lemon crushing volume.IDB Invest’s operation consists of an A/B loan to San Miguel for up to $ 60.0 million, with a nine-year term (seven years for the B loan), a two-year grace period and a guarantee on assets acceptable to IDB Invest. The funds will be used to finance: (i) capital investments for San Miguel’s (agricultural and industrial) growth and maintenance for the years 2018, 2019 and 2020 in Argentina, Uruguay and Peru; (ii) permanent working capital to cover the structural needs of San Miguel’s agricultural business cycle for its operations in Argentina, Uruguay and Peru; and (iii) refinance short- and medium-term debt (the “Project”). S.A. San Miguel A.G.I.C.I. y F. (Argentina); S.A. San Miguel Uruguay, Samifruit Uruguay S.A., San Miguel International Investments S.A. (Uruguay); andAgrícola Hoja Redonda S.A. (Perú) (jointly "San Miguel" or the "Companies")are one of the southern hemisphere’s primary producers and exporters of off-season fresh citrus (180,000 tons of lemon, sweet citrus avocado and grape), and of products derived from citrus crushing with added value (essential oils and essences, juice, pulp and peel). San Miguel is a citrus leader, with a 9% market share of the off-season lemon market and 15% of global lemon crushing volume.IDB Invest’s operation consists of an A/B loan to San Miguel for up to $ 60.0 million, with a nine-year term (seven years for the B loan), a two-year grace period and a guarantee on assets acceptable to IDB Invest. The funds will be used to finance: (i) capital investments for San Miguel’s (agricultural and industrial) growth and maintenance for the years 2018, 2019 and 2020 in Argentina, Uruguay and Peru; (ii) permanent working capital to cover the structural needs of San Miguel’s agricultural business cycle for its operations in Argentina, Uruguay and Peru; and (iii) refinance short- and medium-term debt (the “Project”).
Global Bank - Climate Financing Partnership The transaction involves an unsecured senior A/B loan of up to USD 100 million (the “Project” or the “Loan") to be granted to Global Bank Corporation (“Global Bank” or the “Bank”) with a maximum tenor of five years as from disbursement, including a two-year grace period. IDB Invest will contribute up to US$50 million of the Loan, which will break down as follows: (i) up to US$40million from IDB Invest; and (ii) up to US$10 million through blended financing. One or several third parties will bear the remaining portion (“B Loan”). The Project goals are: (i) providing access to long-term financing; and (ii) supporting the Bank in financing and expanding its green and climate portfolio. Likewise, the Project may have a technical assistance component provided by IDB Invest to support Global Bank in planning and executing the implementation of the recommendations from the Task Force on Climate-related Financial Disclosures (“TCFD”) as regards governance, strategy, products, communication and monitoring issues. Also, recommendations will be made for its environmental, social and governance policies. The transaction involves an unsecured senior A/B loan of up to USD 100 million (the “Project” or the “Loan") to be granted to Global Bank Corporation (“Global Bank” or the “Bank”) with a maximum tenor of five years as from disbursement, including a two-year grace period. IDB Invest will contribute up to US$50 million of the Loan, which will break down as follows: (i) up to US$40million from IDB Invest; and (ii) up to US$10 million through blended financing. One or several third parties will bear the remaining portion (“B Loan”). The Project goals are: (i) providing access to long-term financing; and (ii) supporting the Bank in financing and expanding its green and climate portfolio. Likewise, the Project may have a technical assistance component provided by IDB Invest to support Global Bank in planning and executing the implementation of the recommendations from the Task Force on Climate-related Financial Disclosures (“TCFD”) as regards governance, strategy, products, communication and monitoring issues. Also, recommendations will be made for its environmental, social and governance policies.
Credicorp Bank Panama - 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>
Servicios Litoral Pacífico., S.A. <p>Servicios Litoral Pacífico., S.A.</p> <p>Servicios Litoral Pacífico., S.A.</p>
Banco G and T Continental El Salvador SME Financing Partnership <p>Effective January 1, 2016, this operation is being managed by the Inter-American Investment Corporation (IIC). For information disclosed by the Inter-American Development Bank (IDB) before that date, please refer to the Projects section on the IDB website.</p> <p>Effective January 1, 2016, this operation is being managed by the Inter-American Investment Corporation (IIC). For information disclosed by the Inter-American Development Bank (IDB) before that date, please refer to the Projects section on the IDB website.</p>
Primus Capital SME Financing Partnership The proposed operation contemplates a Senior Unsecured Loan of up to US$7 million (the "Loan") to be financed by IDB Invest. The term of the Loan is one year, renewable four times more for periods of up to one (1) year, at the discretion of IDB Invest. Loan funds will be used to finance Small and Medium-Sized Enterprises ("SMEs") through factoring and financial leasing operations. The proposed operation contemplates a Senior Unsecured Loan of up to US$7 million (the "Loan") to be financed by IDB Invest. The term of the Loan is one year, renewable four times more for periods of up to one (1) year, at the discretion of IDB Invest. Loan funds will be used to finance Small and Medium-Sized Enterprises ("SMEs") through factoring and financial leasing operations.
Easter Island Hybrid PV Solar Project <p>Easter Island Hybrid PV Solar Project</p> <p>Easter Island Hybrid PV Solar Project</p>
Torrecom - Corporate Regional Loan IDB Invest considers providing a multi-borrower senior secured loan of up to US$30 million to Torrecom and its operating subsidiaries in Latin America. The proposed financing will be used to (i) fund growth CAPEX and associated costs in 2022-2024 in El Salvador, Mexico, Guatemala, Panama, Colombia, Peru, Chile, Paraguay and Ecuador; and (ii) refinance the existing debt in Guatemala, Mexico and Panama. The proposed financing is expected to be part of a US$70 million co-financing facility funded by Proparco, DEG and IDB Invest. The objective of the proposed financing is to reduce digital divide in the space of mobile telecom infrastructure by supporting a multi-carrier, shared infrastructure operator. Founded in 2010, Torrecom is one of the independent tower companies in Latin America with a portfolio of 1311 telecom towers under operation in 9 counties as of October 2022. Torrecom has focused on markets in Central America since its inception, becoming a leading tower company in such region. In the next years, Torrecom plans to consolidate its position in South America. IDB Invest considers providing a multi-borrower senior secured loan of up to US$30 million to Torrecom and its operating subsidiaries in Latin America. The proposed financing will be used to (i) fund growth CAPEX and associated costs in 2022-2024 in El Salvador, Mexico, Guatemala, Panama, Colombia, Peru, Chile, Paraguay and Ecuador; and (ii) refinance the existing debt in Guatemala, Mexico and Panama. The proposed financing is expected to be part of a US$70 million co-financing facility funded by Proparco, DEG and IDB Invest. The objective of the proposed financing is to reduce digital divide in the space of mobile telecom infrastructure by supporting a multi-carrier, shared infrastructure operator. Founded in 2010, Torrecom is one of the independent tower companies in Latin America with a portfolio of 1311 telecom towers under operation in 9 counties as of October 2022. Torrecom has focused on markets in Central America since its inception, becoming a leading tower company in such region. In the next years, Torrecom plans to consolidate its position in South America.
Consorcio Forestal Venezolano Pine Sawmill <p>Consorcio Forestal Venezolano Pine Sawmill</p> <p>Consorcio Forestal Venezolano Pine Sawmill</p>
Access to Finance for Small and Medium Producers <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 Regional 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>
Finanzauto Financial Inclusion The financing consists of: (i) an A loan from the Inter-American Development Bank (IDB) for the COP equivalent of up to US$10 million; and (ii) a B loan from the IDB in the COP equivalent of approximately US$20 million. A term of up to five years is expected for the A loan, with no grace period. The term of the B loan(s) will be defined based on market conditions. With financing, Finanzauto S.A. will be able to offer loans to micro-, small-, and medium-sized enterprises (MSMEs) in Colombia’s transportation sector and various economic sectors that purchase vehicles as part of their productive assets for the development of their economic activity. Finanzauto is an unregulated Colombian financial institution with more than 40 years in the market that focuses on passenger and commercial vehicle financing. It has 33,000 clients and conducts 15,000 transactions per year. It is the main unregulated vehicle financing institution in the country. Finanzauto has 150 points of service in the country in six cities and has formed partnerships with close to 240 car dealers through which it provides financing. As of June 2017, it had 380 employees. As of the same date, it had equity of US$119 million and assets of US$280 million. The financing consists of: (i) an A loan from the Inter-American Development Bank (IDB) for the COP equivalent of up to US$10 million; and (ii) a B loan from the IDB in the COP equivalent of approximately US$20 million. A term of up to five years is expected for the A loan, with no grace period. The term of the B loan(s) will be defined based on market conditions. With financing, Finanzauto S.A. will be able to offer loans to micro-, small-, and medium-sized enterprises (MSMEs) in Colombia’s transportation sector and various economic sectors that purchase vehicles as part of their productive assets for the development of their economic activity. Finanzauto is an unregulated Colombian financial institution with more than 40 years in the market that focuses on passenger and commercial vehicle financing. It has 33,000 clients and conducts 15,000 transactions per year. It is the main unregulated vehicle financing institution in the country. Finanzauto has 150 points of service in the country in six cities and has formed partnerships with close to 240 car dealers through which it provides financing. As of June 2017, it had 380 employees. As of the same date, it had equity of US$119 million and assets of US$280 million.
Banco Atlas SME Financing Partnership The proposed operation contemplates a senior unsecured loan of up to PYG180,000,000,000 (the "Loan") that will be financed by BID Invest. The term of the Loan is up to 5 years, with one year of grace period and semiannual amortization. The Loan funds will be used to finance Small and Medium Enterprises ("SMEs") in Paraguay's productive sector. The proposed operation contemplates a senior unsecured loan of up to PYG180,000,000,000 (the "Loan") that will be financed by BID Invest. The term of the Loan is up to 5 years, with one year of grace period and semiannual amortization. The Loan funds will be used to finance Small and Medium Enterprises ("SMEs") in Paraguay's productive sector.
Jinko Solar Mexico Project <p>Jinko Solar Mexico Project</p> <p>Jinko Solar Mexico Project</p>
Banco Promerica - 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 La Hipotecaria S.A. y La Hipotecaria S.A. de C.V. The purpose of this IIC operation is to finance long-term residential mortgage loans in Panama and El Salvador for qualifying middle- and lower-middle-income lenders through Banco La Hipotecaria, S.A. in Panama and its subsidiary, La Hipotecaria, S.A. de C.V., in El Salvador. Banco La Hipotecaria, S.A. is a subsidiary of La Hipotecaria (Holding), Inc. The purpose of this IIC operation is to finance long-term residential mortgage loans in Panama and El Salvador for qualifying middle- and lower-middle-income lenders through Banco La Hipotecaria, S.A. in Panama and its subsidiary, La Hipotecaria, S.A. de C.V., in El Salvador. Banco La Hipotecaria, S.A. is a subsidiary of La Hipotecaria (Holding), Inc.
Troncal del Magdalena II The Troncal del Magdalena II project (the “Project) is the fourth project of the fifth generation (“5G”) concession program led by the Government of Colombia through its National Infrastructure Agency (“ANI”). The Project is being executed by Autopista del Rio Grande S.A.S. (the “Concessionaire” or the “Client”), formed by KMA Construcciones S.A. (50%) and Ortiz Construcciones y Proyectos S.A. (50%).The Project considers the financing, construction, improvement, rehabilitation, and maintenance of the Sabana de Torres–Curumaní road (the “Corridor”), which is 272 km long and joins the towns of Sabana de Torres, located in the Department of Santander, with Curumaní, located in the Department of Cesar, running through a small portion of the Department of Norte de Santander.The Project is currently in pre-construction phase and is estimated to start construction by the end of 2023, during forty-seven (47) months. Afterwards, it will enter in operations phase for a term of 25 years, measured from concession start date (December 01, 2022)The costs of the Project are estimated at approximately US$550 million and will be financed through a bi-currency miniperm (COP/US$) of up to 8 years, which will be refinanced once the Project is close to entering operation phase. Under the proposed financing, IDB Invest will lend up to COP 250,000 million within the less liquid local currency tranche, helping to mobilize resources from local banks. The Troncal del Magdalena II project (the “Project) is the fourth project of the fifth generation (“5G”) concession program led by the Government of Colombia through its National Infrastructure Agency (“ANI”). The Project is being executed by Autopista del Rio Grande S.A.S. (the “Concessionaire” or the “Client”), formed by KMA Construcciones S.A. (50%) and Ortiz Construcciones y Proyectos S.A. (50%).The Project considers the financing, construction, improvement, rehabilitation, and maintenance of the Sabana de Torres–Curumaní road (the “Corridor”), which is 272 km long and joins the towns of Sabana de Torres, located in the Department of Santander, with Curumaní, located in the Department of Cesar, running through a small portion of the Department of Norte de Santander.The Project is currently in pre-construction phase and is estimated to start construction by the end of 2023, during forty-seven (47) months. Afterwards, it will enter in operations phase for a term of 25 years, measured from concession start date (December 01, 2022)The costs of the Project are estimated at approximately US$550 million and will be financed through a bi-currency miniperm (COP/US$) of up to 8 years, which will be refinanced once the Project is close to entering operation phase. Under the proposed financing, IDB Invest will lend up to COP 250,000 million within the less liquid local currency tranche, helping to mobilize resources from local banks.
Cresol Baser Sustainable Finance Partnership The proposed transaction consists of an unsecured loan to Cresol Baser of up to US$50 million (the “Loan”) funded as follows: (i) an A loan of up US$25 million to be funded by IDB Invest; and (ii) a co‑loan of up to US$25 million to be funded by DEG. The Loan has a four-year tenor, with two years of grace. The Project involves granting Cresol Baser funds to grow its lending portfolio for Micro-, Small- and Medium-Sized Enterprises (“MSMEs”) and low-income individuals. Part of these funds (the amount of which is still to be decided) will be specifically used to support the MSME portfolio in the Amazon region. Additionally, advisory services are being designed to help Sistema Cresol (the Company’s network of cooperatives) develop a sustainability strategy. The proposed transaction consists of an unsecured loan to Cresol Baser of up to US$50 million (the “Loan”) funded as follows: (i) an A loan of up US$25 million to be funded by IDB Invest; and (ii) a co‑loan of up to US$25 million to be funded by DEG. The Loan has a four-year tenor, with two years of grace. The Project involves granting Cresol Baser funds to grow its lending portfolio for Micro-, Small- and Medium-Sized Enterprises (“MSMEs”) and low-income individuals. Part of these funds (the amount of which is still to be decided) will be specifically used to support the MSME portfolio in the Amazon region. Additionally, advisory services are being designed to help Sistema Cresol (the Company’s network of cooperatives) develop a sustainability strategy.
Aquamar Aquamar is a corporation whose line of business has always been that of aquaculture and, originally, that of shrimp farming. In 1998, Aquamar adapted its facilities to farm tilapia in order to export fresh and frozen tilapia to the U.S., quickly becoming a leader in this sector. The market's rapid growth and the technological and space limitations of Aquamar's existing processing plant have made it necessary to build a new processing plant. The new plant, currently under construction near Guayaquil, will make it possible to have more efficient processing operations and to obtain higher value added products, with the resulting increase in earnings. Currently, only 30% of tilapia is used for fillet production, while the remaining 70% is sold to produce fishmeal at a very low margin. The new plant will make it possible to use part of this 70% to make shaped and breaded products (a new product line), which command higher sales margins. Aquamar is a corporation whose line of business has always been that of aquaculture and, originally, that of shrimp farming. In 1998, Aquamar adapted its facilities to farm tilapia in order to export fresh and frozen tilapia to the U.S., quickly becoming a leader in this sector. The market's rapid growth and the technological and space limitations of Aquamar's existing processing plant have made it necessary to build a new processing plant. The new plant, currently under construction near Guayaquil, will make it possible to have more efficient processing operations and to obtain higher value added products, with the resulting increase in earnings. Currently, only 30% of tilapia is used for fillet production, while the remaining 70% is sold to produce fishmeal at a very low margin. The new plant will make it possible to use part of this 70% to make shaped and breaded products (a new product line), which command higher sales margins.
AVENATOP The IIC is considering a Credit Facility (hereinafter, the “Facility”) for Avenatop of up to US$5 million, for a term of one (1) year, renewable up to 5 times more, at the IIC’s discretion, to finance operating needs of seasonal funds.  Avenatop, a company established in Chile in 2009, produces, locally markets and exports oat by-products:  oat kernels (8%) oat hull (27%) and groat (whole uncooked grain with germ) (65%).  Avenatop purchases oat from more than 600 farmers, processes and exports it mainly to companies located in 5 Latin American countries, including, among others, Quaker Oats, Frito Lay, Prodicereal. Avenatop requires funding for the cycle starting from paying farmers for their harvest up to receiving payment from their clients, approximately 300 days.  The Facility provides financing to an extended value chain. Farmers purchase the oat seeds and other agricultural goods from Saprosem S.A, an Avenatop affiliate that provides them with financing until harvest time under a supply agreement entered into with Avenatop.  Farmers benefit from working with Avenatop since from the moment they subscribe a supply agreement with the company, they can fix the price, mitigating volatility.  Avenatop can agree and close on pricing, given the broad network of clients it has, and which is interested in ensure supply. Avenatop mitigates supply risks by purchasing up to 75% of any farmer´s estimated harvest. The IIC is considering a Credit Facility (hereinafter, the “Facility”) for Avenatop of up to US$5 million, for a term of one (1) year, renewable up to 5 times more, at the IIC’s discretion, to finance operating needs of seasonal funds.  Avenatop, a company established in Chile in 2009, produces, locally markets and exports oat by-products:  oat kernels (8%) oat hull (27%) and groat (whole uncooked grain with germ) (65%).  Avenatop purchases oat from more than 600 farmers, processes and exports it mainly to companies located in 5 Latin American countries, including, among others, Quaker Oats, Frito Lay, Prodicereal. Avenatop requires funding for the cycle starting from paying farmers for their harvest up to receiving payment from their clients, approximately 300 days.  The Facility provides financing to an extended value chain. Farmers purchase the oat seeds and other agricultural goods from Saprosem S.A, an Avenatop affiliate that provides them with financing until harvest time under a supply agreement entered into with Avenatop.  Farmers benefit from working with Avenatop since from the moment they subscribe a supply agreement with the company, they can fix the price, mitigating volatility.  Avenatop can agree and close on pricing, given the broad network of clients it has, and which is interested in ensure supply. Avenatop mitigates supply risks by purchasing up to 75% of any farmer´s estimated harvest.