devinitorg/iati-policy-markers huggingface dataset:
Movistar Ecuador Handset Financing The Project consists of a uncommitted line of credit for US $ 50 million ("Facility") to discount the invoices originated from the program of Otecel S.A. (the "Company" or "Movistar Ecuador") to finance the subscribers for the purchase of mobile devices. The Facility will have an availability period of 48 months. The Invoices have a repayment period of 24 months. Under the Facility, IDB Invest will establish a trust that will acquire, in its sole discretion, the contracts and invoices from the mobile device financing program.The Project seeks to support the adoption and use of new handsets that allow the final subscribers of Movistar Ecuador to access the broadband service. Greater access to broadband 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 broader broadband adoption, one of which is the cost of acquiring equipment and technologies that allow end users to use broadband. The proposed Project is one of the ways that IDB Invest will seek to address this barrier. The Project consists of a uncommitted line of credit for US $ 50 million ("Facility") to discount the invoices originated from the program of Otecel S.A. (the "Company" or "Movistar Ecuador") to finance the subscribers for the purchase of mobile devices. The Facility will have an availability period of 48 months. The Invoices have a repayment period of 24 months. Under the Facility, IDB Invest will establish a trust that will acquire, in its sole discretion, the contracts and invoices from the mobile device financing program.The Project seeks to support the adoption and use of new handsets that allow the final subscribers of Movistar Ecuador to access the broadband service. Greater access to broadband 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 broader broadband adoption, one of which is the cost of acquiring equipment and technologies that allow end users to use broadband. The proposed Project is one of the ways that IDB Invest will seek to address this barrier.
Caja Piura - préstamo senior <p>Caja Piura - préstamo senior</p> <p>Caja Piura - préstamo senior</p>
Invema Self-supply Solar and Energy Efficiency 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>
Agrícola Ganadera Reysahiwal II With the IIC loan, Agrícola Ganadera Reysahiwal S.A. (AGR) will improve its financial profile with long-term financing, making the company less vulnerable to changes in the financial market and in terms for accessing financing.  The IIC’s loan will be used to refinance debt incurred to finance the construction of a plant in Sangolquí, built to meet the increasing demand for dairy products.The IIC is providing needed financing for the orderly expansion of an existing company that is increasing its production capacity to satisfy the growing demand for the hygienic processing and distribution of basic dairy products that provide essential nutrients and are not always available in developing nations. The proposed operation will allow the company to continue to plan its growth and operate under more stable conditions. Through this operation, the IIC will strengthen its support for project sponsors that are involved in several highly developmental activities that demonstrate their commitment to corporate social responsibility. These include (i) education and health-care services for children living in rural areas; (ii) scientific research on the rainforest; (iii) a forestry program that has earned SmartWood international certification; and (iv) the promotion of ecotourism. With the IIC loan, Agrícola Ganadera Reysahiwal S.A. (AGR) will improve its financial profile with long-term financing, making the company less vulnerable to changes in the financial market and in terms for accessing financing.  The IIC’s loan will be used to refinance debt incurred to finance the construction of a plant in Sangolquí, built to meet the increasing demand for dairy products.The IIC is providing needed financing for the orderly expansion of an existing company that is increasing its production capacity to satisfy the growing demand for the hygienic processing and distribution of basic dairy products that provide essential nutrients and are not always available in developing nations. The proposed operation will allow the company to continue to plan its growth and operate under more stable conditions. Through this operation, the IIC will strengthen its support for project sponsors that are involved in several highly developmental activities that demonstrate their commitment to corporate social responsibility. These include (i) education and health-care services for children living in rural areas; (ii) scientific research on the rainforest; (iii) a forestry program that has earned SmartWood international certification; and (iv) the promotion of ecotourism.
Banco Caribe - Support for Financing of MSMEs Led by Women and Climate Financing <p>Banco Caribe - Support for Financing of MSMEs Led by Women and Climate Financing</p> <p>Banco Caribe - Support for Financing of MSMEs Led by Women and Climate Financing</p>
Fondo Esperanza Microfinance Partnership Alliance The proposed transaction consists of a senior loan of up to US$10 million (the “Loan”), financed by IDB Invest. The Loan has a tenor of three years, with semiannual amortization. The Loan funds will be used to finance microentrepreneurs of low income in Chile, as well as to design gender advisory services. The proposed transaction consists of a senior loan of up to US$10 million (the “Loan”), financed by IDB Invest. The Loan has a tenor of three years, with semiannual amortization. The Loan funds will be used to finance microentrepreneurs of low income in Chile, as well as to design gender advisory services.
Achiras Wind Power Project The Achiras Wind Power Project (the “Project”) consists of the construction, operation, and maintenance of a 47,25MW wind farm and related facilities, including a 132KV 16 km-long transmission line that will be located in the Rio Cuarto Department, in the southwest area of the Cordoba Province in Argentina. The Project total cost is estimated in US$81 million, to be financed with an IDB Group “A” Loan of approximately US$27 million. Such financing will be supplemented by an IFC “A” Loan, and the participation of a local bank for local content equipment financing, and capital contributions.  The Project will have positive impacts on development, such as: (i) adding 47,25MW  of renewable capacity to the Argentine grid in order to diversify the energy matrix that relies mostly on hydro and thermal power generation, and representing 20% of the total installed capacity goal of non-conventional renewable energy (NCRE) by 2025, and (ii) displacing around 100,000 equivalent tons of carbon emissions per year. The Achiras Wind Power Project (the “Project”) consists of the construction, operation, and maintenance of a 47,25MW wind farm and related facilities, including a 132KV 16 km-long transmission line that will be located in the Rio Cuarto Department, in the southwest area of the Cordoba Province in Argentina. The Project total cost is estimated in US$81 million, to be financed with an IDB Group “A” Loan of approximately US$27 million. Such financing will be supplemented by an IFC “A” Loan, and the participation of a local bank for local content equipment financing, and capital contributions.  The Project will have positive impacts on development, such as: (i) adding 47,25MW  of renewable capacity to the Argentine grid in order to diversify the energy matrix that relies mostly on hydro and thermal power generation, and representing 20% of the total installed capacity goal of non-conventional renewable energy (NCRE) by 2025, and (ii) displacing around 100,000 equivalent tons of carbon emissions per year.
Increasing Employment Opportunities through Willbes <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>
Almacenadora The proceeds of the IIC loans will be used for working capital.Almacenadora is a Costa Rican company specializing in bonded and general warehousing services that employ state-of-the-art technology. It has more than 8,000 m2 of warehouse space in excellent physical condition, surrounded by 10,000 m2 and 11,200 m2 of yards, respectively, at two different locations in the Greater Metropolitan Area. The warehouses also have internal racks for greater storage capacity and a barcode localization system that ensures proper management and traceability.Grupo Pasquí (formerly Grupo Flor de Lis S.A.) is a diversified Costa Rican group of small and medium-sized enterprises that sell telecommunications equipment and industrial raw materials; provide logistics, transportation, warehousing, and air cargo terminal services; generate electricity; represent foreign companies; and distribute consumer goods.The group was established in October 1964, and in 2010, management renamed it Grupo Pasquí for purely commercial purposes. The proceeds of the IIC loans will be used for working capital.Almacenadora is a Costa Rican company specializing in bonded and general warehousing services that employ state-of-the-art technology. It has more than 8,000 m2 of warehouse space in excellent physical condition, surrounded by 10,000 m2 and 11,200 m2 of yards, respectively, at two different locations in the Greater Metropolitan Area. The warehouses also have internal racks for greater storage capacity and a barcode localization system that ensures proper management and traceability.Grupo Pasquí (formerly Grupo Flor de Lis S.A.) is a diversified Costa Rican group of small and medium-sized enterprises that sell telecommunications equipment and industrial raw materials; provide logistics, transportation, warehousing, and air cargo terminal services; generate electricity; represent foreign companies; and distribute consumer goods.The group was established in October 1964, and in 2010, management renamed it Grupo Pasquí for purely commercial purposes.
Agrofertil Agrofértil S.A. imports agricultural inputs and sells them in the Paraguayan market; it also purchases grain locally for export and provides its clients with technical assistance. The company also grows grain on its own land and holds a share of one of Paraguay's largest manufacturers of agrochemicals.The purpose of the project is to finance Agrofértil's permanent working capital requirements and thus improve the company's debt profile. Agrofértil S.A. imports agricultural inputs and sells them in the Paraguayan market; it also purchases grain locally for export and provides its clients with technical assistance. The company also grows grain on its own land and holds a share of one of Paraguay's largest manufacturers of agrochemicals.The purpose of the project is to finance Agrofértil's permanent working capital requirements and thus improve the company's debt profile.
Varmoxz The project, in which Grupo Arzyz participates, consists of a long-term loan for up to US$66.5 million to finance the construction, equipment, and operation of a new aluminum recycling plant to be located in northeastern Mexico, in the municipality of Cienega de Flores. The project is intended to strengthen the company's raw material processing capacity from recycled aluminum, promoting circularity in the economy circularity as regards the country’s aluminum industry.Grupo Arzyz is a Mexican company established in 1980, whose main activity is the manufacture of aluminum alloys and marketing of non-ferrous metals for different industry sectors, such as automotive, energy, construction, and the steel industry. The company’s operations comprise from scrap collection activities to the sale and recovery of products. The project, in which Grupo Arzyz participates, consists of a long-term loan for up to US$66.5 million to finance the construction, equipment, and operation of a new aluminum recycling plant to be located in northeastern Mexico, in the municipality of Cienega de Flores. The project is intended to strengthen the company's raw material processing capacity from recycled aluminum, promoting circularity in the economy circularity as regards the country’s aluminum industry.Grupo Arzyz is a Mexican company established in 1980, whose main activity is the manufacture of aluminum alloys and marketing of non-ferrous metals for different industry sectors, such as automotive, energy, construction, and the steel industry. The company’s operations comprise from scrap collection activities to the sale and recovery of products.
Banco de Bogota Youth Bond <p>Banco de Bogota Youth Bond</p> <p>Banco de Bogota Youth Bond</p>
Linha 6 Metro de Sao Paulo <p>Linha 6 Metro de Sao Paulo</p> <p>Linha 6 Metro de Sao Paulo</p>
Banco Patagonia The project consists of a US$5 million, five-year loan for providing financing to small and medium-size enterprises in Argentina. It will have an eighteen-month grace period and will be payable in fifteen quarterly installments. The loan proceeds will be used to provide small and medium-size Argentine companies with financing for working capital or the purchase of fixed assets and machinery originating in IIC member countries. The beneficiary companies shall not exceed US$20 million in assets or revenue. The project consists of a US$5 million, five-year loan for providing financing to small and medium-size enterprises in Argentina. It will have an eighteen-month grace period and will be payable in fifteen quarterly installments. The loan proceeds will be used to provide small and medium-size Argentine companies with financing for working capital or the purchase of fixed assets and machinery originating in IIC member countries. The beneficiary companies shall not exceed US$20 million in assets or revenue.
Banco Financiera Comercial Hondureña The project consists of a 7 year US$4.0 million senior loan and a US$3.0 million subordinated loan to Ficohsa. The senior loan will be used to provide small and medium-size Honduran enterprises with medium and long-term financing otherwise unavailable in the country. The subordinated loan will strengthen Ficohsa’s capital structure and will also be used for on-lending to Honduran companies in productive sectors.The project is expected to result in the creation of about 450 jobs and contribute US$45.0 million to the annual Honduran GDP. The project consists of a 7 year US$4.0 million senior loan and a US$3.0 million subordinated loan to Ficohsa. The senior loan will be used to provide small and medium-size Honduran enterprises with medium and long-term financing otherwise unavailable in the country. The subordinated loan will strengthen Ficohsa’s capital structure and will also be used for on-lending to Honduran companies in productive sectors.The project is expected to result in the creation of about 450 jobs and contribute US$45.0 million to the annual Honduran GDP.
Aguadalupe Water Treatment Plant <p>Aguadalupe Water Treatment Plant</p> <p>Aguadalupe Water Treatment Plant</p>
Banco Ficohsa Nicaragua - TFFP Line <p>Banco Ficohsa Nicaragua - TFFP Line</p> <p>Banco Ficohsa Nicaragua - TFFP Line</p>
Banco Improsa 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>
ProducePay IDB Invest is considering an investment of up to US$8 million in Produce Pay Inc. (the “Company”). The Company develops, manages, and operates a proprietary agri-fintech platform that provides fruits and vegetables growers with financing, marketplace, and market intelligence. The innovative and disruptive business model facilitates access to working capital financing to mostly small and medium growers in Latin America exporting their produce to the United States, while its marketplace and market insights services help them create new business opportunities with fair and transparent commercial conditions.The impact of this project was highlighted on our 2021 Annual Report.The Company will utilize the proceeds of the new equity round to enhance its online platform and operating capacity in order to expand further its operations in Latin America. As the Company grows, it expects to positively impact growers enabling them to scale up their businesses. IDB Invest is considering an investment of up to US$8 million in Produce Pay Inc. (the “Company”). The Company develops, manages, and operates a proprietary agri-fintech platform that provides fruits and vegetables growers with financing, marketplace, and market intelligence. The innovative and disruptive business model facilitates access to working capital financing to mostly small and medium growers in Latin America exporting their produce to the United States, while its marketplace and market insights services help them create new business opportunities with fair and transparent commercial conditions.The impact of this project was highlighted on our 2021 Annual Report.The Company will utilize the proceeds of the new equity round to enhance its online platform and operating capacity in order to expand further its operations in Latin America. As the Company grows, it expects to positively impact growers enabling them to scale up their businesses.
FactorLine The proposed project consists of a US$3 million loan to FactorLine S.A. The loan proceeds will be used to finance international factoring operations with a term of up to one year for small and medium-size companies in Chile. These companies must meet the eligibility criteria established by the IIC. The proposed project consists of a US$3 million loan to FactorLine S.A. The loan proceeds will be used to finance international factoring operations with a term of up to one year for small and medium-size companies in Chile. These companies must meet the eligibility criteria established by the IIC.
Operación SAO 6 Medellín <p>Operación SAO 6 Medellín</p> <p>Operación SAO 6 Medellín</p>
Electricity Tariff Stabilization Liquidity Financing II <p>Electricity Tariff Stabilization Liquidity Financing II</p> <p>Electricity Tariff Stabilization Liquidity Financing II</p>
Banco Agrícola - PYMES The Project consists of a total financing package of up to US$30 million to support the small and medium enterprises (“SMEs”) strategy of Banco Agrícola, S.A. (“Banco Agrícola”). The Inter American Development Bank Group (“IDB Group”) will participate through an unsecured A Loan of up to US$18 million with a four year term and includes the participation of B Lenders for up to US$12 million.The purpose of the Loan is to provide medium-term financing to support the growth of Banco Agrícola’s SMEs portfolio. In the last year, Banco Agrícola has worked to strengthen its portfolio of services and support model to this segment with the purpose of strengthening its positioning as a strategic partner of SMEs. Banco Agrícola currently serves more than 35,000 SMEs with a particular focus on commerce and services sectors. The Project consists of a total financing package of up to US$30 million to support the small and medium enterprises (“SMEs”) strategy of Banco Agrícola, S.A. (“Banco Agrícola”). The Inter American Development Bank Group (“IDB Group”) will participate through an unsecured A Loan of up to US$18 million with a four year term and includes the participation of B Lenders for up to US$12 million.The purpose of the Loan is to provide medium-term financing to support the growth of Banco Agrícola’s SMEs portfolio. In the last year, Banco Agrícola has worked to strengthen its portfolio of services and support model to this segment with the purpose of strengthening its positioning as a strategic partner of SMEs. Banco Agrícola currently serves more than 35,000 SMEs with a particular focus on commerce and services sectors.
Arteche Energy  and  Transmission Supply Chain Finance The Project consists of an unguaranteed and uncommitted revolving discount line granted to Grupo Arteche (Arteche Lantegi Elkartea S.A.) to promote financial support and ease of payment for the suppliers that make up its supply chain in Mexico, Brazil and Argentina. IDB Invest will purchase the irrevocable and unconditional payment obligations/accounts payable with a future date denominated in USD$, MXN and/or other currencies for the execution of payments duly approved by IDB Invest.In addition, IDB Invest will support Grupo Arteche in sustainability practices in three main areas: (1) training of employees on issues of gender equality and diversity; (2) reduction in the use of wood/cardboard in packaging processes and (3) the overall life cycle of the project. The Project consists of an unguaranteed and uncommitted revolving discount line granted to Grupo Arteche (Arteche Lantegi Elkartea S.A.) to promote financial support and ease of payment for the suppliers that make up its supply chain in Mexico, Brazil and Argentina. IDB Invest will purchase the irrevocable and unconditional payment obligations/accounts payable with a future date denominated in USD$, MXN and/or other currencies for the execution of payments duly approved by IDB Invest.In addition, IDB Invest will support Grupo Arteche in sustainability practices in three main areas: (1) training of employees on issues of gender equality and diversity; (2) reduction in the use of wood/cardboard in packaging processes and (3) the overall life cycle of the project.
Banco Hipotecario de El Salvador, S.A. The project consists of a medium-term IIC loan for up to US$5 million to Banco Hipotecario. Banco Hipotecario will use the loan proceeds to finance the expansion of its portfolio of loans to small and medium-sized enterprises (SMEs) by providing medium-term loans to eligible clients, pursuant to criteria established by the IIC.Banco Hipotecario is the leading first-tier state-owned bank in El Salvador. It focuses on meeting the financing needs of Salvadoran SMEs in several economic sectors, offering services throughout the country. The project consists of a medium-term IIC loan for up to US$5 million to Banco Hipotecario. Banco Hipotecario will use the loan proceeds to finance the expansion of its portfolio of loans to small and medium-sized enterprises (SMEs) by providing medium-term loans to eligible clients, pursuant to criteria established by the IIC.Banco Hipotecario is the leading first-tier state-owned bank in El Salvador. It focuses on meeting the financing needs of Salvadoran SMEs in several economic sectors, offering services throughout the country.
Linea  Kimal - Lo Aguirre <p>Linea  Kimal - Lo Aguirre</p> <p>Linea  Kimal - Lo Aguirre</p>