devinitorg/iati-policy-markers huggingface dataset:
La Hipotecaria Colombia The project consists of a senior bond subscription for the equivalent in Colombian pesos of up to US$15 million. The bond will be issued by La Hipotecaria Compañía de Financiamiento through an offer in the Segundo Mercado Colombiano. The bond will have a tenor of 5 years with a 2-year grace period. The proceeds from the issuance will be used to finance the growth of the mortgage loan portfolio, focused on the middle and lower-middle income segments. 	LHCF, the Colombian subsidiary of Banco La Hipotecaria S.A., is a financing company supervised by the Superintendencia Financiera de Colombia ("SFC") with operations as a regulated entity since April 2014. It provides residential mortgage financing at fixed rates, in COP, to medium and low-middle income segments of the population for the purchase of their primary residence, new or used, or to finance the transfer of their mortgages. Additionally, LHCF offers personal loans, but only to its mortgage clients.	IDB Invest will provide technical assistance to LHCF to design a framework that defines the selection, monitoring and evaluation of the mortgage portfolio in a manner aligned with the Sustainable Development Goals ("SDG") defined in the framework of the United Nations Development Program so that the issue is cataloged as a social bond. The project consists of a senior bond subscription for the equivalent in Colombian pesos of up to US$15 million. The bond will be issued by La Hipotecaria Compañía de Financiamiento through an offer in the Segundo Mercado Colombiano. The bond will have a tenor of 5 years with a 2-year grace period. The proceeds from the issuance will be used to finance the growth of the mortgage loan portfolio, focused on the middle and lower-middle income segments. 	LHCF, the Colombian subsidiary of Banco La Hipotecaria S.A., is a financing company supervised by the Superintendencia Financiera de Colombia ("SFC") with operations as a regulated entity since April 2014. It provides residential mortgage financing at fixed rates, in COP, to medium and low-middle income segments of the population for the purchase of their primary residence, new or used, or to finance the transfer of their mortgages. Additionally, LHCF offers personal loans, but only to its mortgage clients.	IDB Invest will provide technical assistance to LHCF to design a framework that defines the selection, monitoring and evaluation of the mortgage portfolio in a manner aligned with the Sustainable Development Goals ("SDG") defined in the framework of the United Nations Development Program so that the issue is cataloged as a social bond.
Digicel Regional Handset Financing <p>Digicel Regional Handset Financing</p> <p>Digicel Regional Handset Financing</p>
Procredit Ecuador The Inter-American Investment Corporation (IIC) approved an A/B loan of up to US$45 million to Banco ProCredit Ecuador to finance eligible micro-, small-, and medium-sized enterprises in Ecuador and to enable these companies to meet their fixed asset purchase needs and working capital requirements. The Inter-American Investment Corporation (IIC) approved an A/B loan of up to US$45 million to Banco ProCredit Ecuador to finance eligible micro-, small-, and medium-sized enterprises in Ecuador and to enable these companies to meet their fixed asset purchase needs and working capital requirements.
Operadora Pesquera del Oriente <p>Operadora Pesquera del Oriente</p> <p>Operadora Pesquera del Oriente</p>
Local Currency Fund II Expansion In January 2015, the IDB approved a Loan to Locfund II comprised of an A Loan of up to US$15 million funded by IDB with its Ordinary Capital resources and up to US$7.5 million in a Co-Loan from the China Co-Financing Fund (the “China Fund”) to provide financing in local currency to microfinance institutions (“MFIs”), contributing to reduce the MFIs’ foreign exchange risk exposure and to support the expansion of their local currency lending capacity to micro- and small-sized enterprises (“MSEs”) in Latin America and the Caribbean (“LAC”).As of August 2017, Locfund II has provided local currency loans to 47 MFIs that attend more than 1.3 million final clients in 13 countries of LAC. Locfund II has reached its initial targeted size. However, since the demand for local currency loans is still strong, Locfund II is looking for additional debt to increase its size and to benefit a larger number of MFIs’ clients.The IIC, as member of the IDB Group, will support Locfund II’s expansion through a Loan of up to US$10 million (the “IIC A Loan”). Thus, the number of MFIs reached and final clients benefited will also increase. Locfund II expects to increase the number of MFIs’ clients by 13% totalizing 241,000 final beneficiaries during its life. In January 2015, the IDB approved a Loan to Locfund II comprised of an A Loan of up to US$15 million funded by IDB with its Ordinary Capital resources and up to US$7.5 million in a Co-Loan from the China Co-Financing Fund (the “China Fund”) to provide financing in local currency to microfinance institutions (“MFIs”), contributing to reduce the MFIs’ foreign exchange risk exposure and to support the expansion of their local currency lending capacity to micro- and small-sized enterprises (“MSEs”) in Latin America and the Caribbean (“LAC”).As of August 2017, Locfund II has provided local currency loans to 47 MFIs that attend more than 1.3 million final clients in 13 countries of LAC. Locfund II has reached its initial targeted size. However, since the demand for local currency loans is still strong, Locfund II is looking for additional debt to increase its size and to benefit a larger number of MFIs’ clients.The IIC, as member of the IDB Group, will support Locfund II’s expansion through a Loan of up to US$10 million (the “IIC A Loan”). Thus, the number of MFIs reached and final clients benefited will also increase. Locfund II expects to increase the number of MFIs’ clients by 13% totalizing 241,000 final beneficiaries during its life.
MABE The Project with Mabe is an Uncommitted Revolving Payment Services Facility for US$50 million, or its equivalent in Mex$ (the “Facility”), to provide payment services for suppliers of Mabe or 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 Mabe’s suppliers with an innovative alternative solution to finance its working capital needs, using E-Factor Network platform.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 Supply Chain Financing through corporates like Mabe is one of the ways IDB Invest will focus in this segment. These kinds of solutions are aligned with IDB Invest’s innovative approach with SMEs. The Project with Mabe is an Uncommitted Revolving Payment Services Facility for US$50 million, or its equivalent in Mex$ (the “Facility”), to provide payment services for suppliers of Mabe or 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 Mabe’s suppliers with an innovative alternative solution to finance its working capital needs, using E-Factor Network platform.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 Supply Chain Financing through corporates like Mabe is one of the ways IDB Invest will focus in this segment. These kinds of solutions are aligned with IDB Invest’s innovative approach with SMEs.
Banco BAC San Jose Financing Facility <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>
Negocios Regionales Fondo de Inversion Project Description: Equity investment in Negocios Regionales Fondo de Inversión Privado for an amount not to exceed US$4 million. Negocios Regionales is a private investment fund, duly established in accordance with the Chilean law. The fund will invest in small and medium size enterprises established in Chile in areas other than the metropolitan area of Santiago. The term of the fund is 10 years. Project Description: Equity investment in Negocios Regionales Fondo de Inversión Privado for an amount not to exceed US$4 million. Negocios Regionales is a private investment fund, duly established in accordance with the Chilean law. The fund will invest in small and medium size enterprises established in Chile in areas other than the metropolitan area of Santiago. The term of the fund is 10 years.
Casablanca  and  Giacote Long Term B Bond <p>Casablanca  and  Giacote Long Term B Bond</p> <p>Casablanca  and  Giacote Long Term B Bond</p>
Banco Guayaquil Subdebt Facility <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 de la Produccion, S.A. (PRODUBANCO) <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>
Mazazul Organics, S.A. de C.V. The IIC financing will be used to partially fund the expansion of existing Mazazul Organics S.A. de C.V. (“Mazazul”) operations, in cooperation with the sponsor, Fine Dried Foods International Inc. (“FDFI”). The first phase of construction expands operational capacity via an additional processing facility in Arriaga, in the state of Chiapas, and the second constructs an additional, separate processing facility near Zihuatenejo, in the state of Guerrero.Mazazul was founded in 1998 to increase the supply of high-quality tropical fruit available for sale by FDFI in the United States and Europe. The company’s primary activity is processing and packaging tropical fruit, with mangos, bananas, and pineapples comprising 99% of sales. The IIC financing will be used to partially fund the expansion of existing Mazazul Organics S.A. de C.V. (“Mazazul”) operations, in cooperation with the sponsor, Fine Dried Foods International Inc. (“FDFI”). The first phase of construction expands operational capacity via an additional processing facility in Arriaga, in the state of Chiapas, and the second constructs an additional, separate processing facility near Zihuatenejo, in the state of Guerrero.Mazazul was founded in 1998 to increase the supply of high-quality tropical fruit available for sale by FDFI in the United States and Europe. The company’s primary activity is processing and packaging tropical fruit, with mangos, bananas, and pineapples comprising 99% of sales.
Green Power Generation Assets The proposed financing consists of three separate loans for three renewable energy projects (two wind farms and a solar plant with a total capacity of more than 600 MW) developed and built by Enel S.p.A. ("Enel") through its Mexican renewable energy subsidiary, Enel Rinnovabile S.A. de C.V. ("Enel Rinnovabile"). The projects include the Dolores Wind Farm Project in Nuevo León ("Dolores"), the Amistad IV Wind Farm Project in Coahuila ("Amistad"), and the Magdalena Solar Project in Tlaxcala ("Magdalena", which together with Dolores and Amistad are referred to as the "Portfolio Projects"). The estimated total cost of the three projects is approximately USD 700 million.The financing consists of a total aggregate amount of USD 150 million, provided by IDB Invest with a bullet repayment after seven years, and will be jointly and severally guaranteed by Enel. The proposed financing consists of three separate loans for three renewable energy projects (two wind farms and a solar plant with a total capacity of more than 600 MW) developed and built by Enel S.p.A. ("Enel") through its Mexican renewable energy subsidiary, Enel Rinnovabile S.A. de C.V. ("Enel Rinnovabile"). The projects include the Dolores Wind Farm Project in Nuevo León ("Dolores"), the Amistad IV Wind Farm Project in Coahuila ("Amistad"), and the Magdalena Solar Project in Tlaxcala ("Magdalena", which together with Dolores and Amistad are referred to as the "Portfolio Projects"). The estimated total cost of the three projects is approximately USD 700 million.The financing consists of a total aggregate amount of USD 150 million, provided by IDB Invest with a bullet repayment after seven years, and will be jointly and severally guaranteed by Enel.
Solorzano Industrial  and  Cia Ltda. <p>Solorzano Industrial  and  Cia Ltda.</p> <p>Solorzano Industrial  and  Cia Ltda.</p>
Demerara Bank Limited - TFFP <p>Demerara Bank Limited - TFFP</p> <p>Demerara Bank Limited - TFFP</p>
Banco Familiar - TFFP (PR-X1004) <p>Banco Familiar - TFFP (PR-X1004)</p> <p>Banco Familiar - TFFP (PR-X1004)</p>
Banco Mundo Mujer: Productive Financing for Microentrepreneurs in Colombia The objective of the Project is to provide financing to microentrepreneurs located in municipal capitals, rural areas and urban areas of Colombia. To achieve this objective, the proposal is to grant a loan of up to US$20 million equal to about COP58.616 billion with a three-year term and a grace period of up to one year. This will allow Banco Mundo Mujer ("BMM") to diversify its sources of financing and continue the growth of its portfolio in a strategic sector for IDB Invest. The objective of the Project is to provide financing to microentrepreneurs located in municipal capitals, rural areas and urban areas of Colombia. To achieve this objective, the proposal is to grant a loan of up to US$20 million equal to about COP58.616 billion with a three-year term and a grace period of up to one year. This will allow Banco Mundo Mujer ("BMM") to diversify its sources of financing and continue the growth of its portfolio in a strategic sector for IDB Invest.
Itel International Financing <p>Itel International Financing</p> <p>Itel International Financing</p>
Fernandes Group (SU3323A-01) <p>Fernandes Group (SU3323A-01)</p> <p>Fernandes Group (SU3323A-01)</p>
Darby Probanco Fund The project consists of an equity investment in Darby ProBanco Fund II, a private equity fund managed by Darby Overseas Investments ("Darby").  Darby ProBanco Fund II’s investment target is the financial sector (banking, non-banking financial institutions, special purpose vehicles, and financial service oriented companies) in Central America, Panama, Dominican Republic, Mexico and Colombia. This Fund draws on Darby’s success in investing in this sector in the Latin American region. Darby manages over two billion dollars in several private equity funds in Latin America, Eastern Europe, and Asia.  Darby is a wholly owned subsidiary of Franklin Resources, a publicly owned global investment management firm.This investment will be the IIC’s second investment in a private equity fund managed by Darby. In 2003, the IIC committed US$6.0 million in Proba I – a small private equity fund that invested in the financial sector in Central America. Proba I was a successful private equity fund of the 2000 vintage in the Central American region. The project consists of an equity investment in Darby ProBanco Fund II, a private equity fund managed by Darby Overseas Investments ("Darby").  Darby ProBanco Fund II’s investment target is the financial sector (banking, non-banking financial institutions, special purpose vehicles, and financial service oriented companies) in Central America, Panama, Dominican Republic, Mexico and Colombia. This Fund draws on Darby’s success in investing in this sector in the Latin American region. Darby manages over two billion dollars in several private equity funds in Latin America, Eastern Europe, and Asia.  Darby is a wholly owned subsidiary of Franklin Resources, a publicly owned global investment management firm.This investment will be the IIC’s second investment in a private equity fund managed by Darby. In 2003, the IIC committed US$6.0 million in Proba I – a small private equity fund that invested in the financial sector in Central America. Proba I was a successful private equity fund of the 2000 vintage in the Central American region.
Colegio Bilingüe New Horizons, S.R.L. <p>Colegio Bilingüe New Horizons, S.R.L.</p> <p>Colegio Bilingüe New Horizons, S.R.L.</p>
Rubau - Sustainable Hospitals in Bolivia <p>Rubau - Sustainable Hospitals in Bolivia</p> <p>Rubau - Sustainable Hospitals in Bolivia</p>
Troncal del Magdalena I The Troncal del Magdalena I (the “Project) is the third 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 Magdalena Medio 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 Puerto Salgar–Barrancabermeja corridor (the “Corridor”), which is 260 km long and joins the towns of Puerto Salgar, located in the Department of Cundinamarca, with Curumaní, Barrancabermeja, located in the Department of Santander, extending through the Department of Boyacá.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$630 million and will be financed through a bi-currency miniperm (COP/US$) 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 I (the “Project) is the third 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 Magdalena Medio 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 Puerto Salgar–Barrancabermeja corridor (the “Corridor”), which is 260 km long and joins the towns of Puerto Salgar, located in the Department of Cundinamarca, with Curumaní, Barrancabermeja, located in the Department of Santander, extending through the Department of Boyacá.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$630 million and will be financed through a bi-currency miniperm (COP/US$) 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.
Somin Compañía Minera de Sonora S.A.P.I. de C.V. Somin is a Joint Venture that will look to exploit a sodium sulfate mine located in Bacadéhuachi, Sonora, Mexico. It will produce high quality sodium sulfate at a processing plant 265 Km. away from the mine in Hermosillo, Sonora, in order to manage its subsequent local distribution and export. Somin is a Joint Venture that will look to exploit a sodium sulfate mine located in Bacadéhuachi, Sonora, Mexico. It will produce high quality sodium sulfate at a processing plant 265 Km. away from the mine in Hermosillo, Sonora, in order to manage its subsequent local distribution and export.
CTH Warehouse Facility <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 Ficohsa Sustainable Facility <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>
Fundacion Empresarial para el Desarrollo II The purpose of the project is to upgrade the facilities on the new Fepade campus by building an auditorium, and to purchase furniture and equipment for the new facility. The purpose of the project is to upgrade the facilities on the new Fepade campus by building an auditorium, and to purchase furniture and equipment for the new facility.