devinitorg/iati-policy-markers huggingface dataset:
Kubo Financiero The proposed financing consists of an equity investment in Ku-bo Financiero, S.A. de C.V., S.F.P. ("Kubo" or the "Company") of up to the Mexican peso equivalent of US$10 million. Kubo is a microfinance company with primarily digital operations that is regulated by the Mexican National Banking and Securities Commission. The Company offers loan, deposit and payment products through its online platform. IDB Invest's investment will consist of a subscription of the preferred shares to be issued by Kubo (the "Financing"). The Financing will serve as a stimulus to develop the fintech industry in Latin America and the Caribbean. The investment in Kubo will have strong financial additionality, as it will bolster the capital base to support the Company's growth, strengthen its IT systems and implement marketing strategies. Financing could be complemented with advisory services focused on creating inclusive financing products for Micro, Small and Medium Enterprises (“MSMEs”) and developing an alternative credit analysis system. The proposed financing consists of an equity investment in Ku-bo Financiero, S.A. de C.V., S.F.P. ("Kubo" or the "Company") of up to the Mexican peso equivalent of US$10 million. Kubo is a microfinance company with primarily digital operations that is regulated by the Mexican National Banking and Securities Commission. The Company offers loan, deposit and payment products through its online platform. IDB Invest's investment will consist of a subscription of the preferred shares to be issued by Kubo (the "Financing"). The Financing will serve as a stimulus to develop the fintech industry in Latin America and the Caribbean. The investment in Kubo will have strong financial additionality, as it will bolster the capital base to support the Company's growth, strengthen its IT systems and implement marketing strategies. Financing could be complemented with advisory services focused on creating inclusive financing products for Micro, Small and Medium Enterprises (“MSMEs”) and developing an alternative credit analysis system.
BicBanco Scope and Objective of the Project and IIC’s Participation: The project consists of an A Loan for US$10 million and a B Loan for US$25 million to Banco Industrial e Comercial S.A. The proceeds will be used to provide financing to eligible small and medium-size enterprises, mainly in the northeast, north and central west regions of Brazil, in the form of short- and medium-term loans for working capital or the acquisition of fixed assets. Scope and Objective of the Project and IIC’s Participation: The project consists of an A Loan for US$10 million and a B Loan for US$25 million to Banco Industrial e Comercial S.A. The proceeds will be used to provide financing to eligible small and medium-size enterprises, mainly in the northeast, north and central west regions of Brazil, in the form of short- and medium-term loans for working capital or the acquisition of fixed assets.
Finexpar MSMEs Financing Partnership The Project aims to finance micro, small and medium-sized enterprises (“MSMEs”) in Paraguay. The proposed operation contemplates a Senior Unsecured Loan for an amount of up to US$10 million (the “Loan”) to be financed by IDB Invest. The loan term is up to five years. The project will allow Finexpar to improve the offer of its financial services to its clients and diversify its sources of financing. The Project aims to finance micro, small and medium-sized enterprises (“MSMEs”) in Paraguay. The proposed operation contemplates a Senior Unsecured Loan for an amount of up to US$10 million (the “Loan”) to be financed by IDB Invest. The loan term is up to five years. The project will allow Finexpar to improve the offer of its financial services to its clients and diversify its sources of financing.
AlphaCredit The Project is aimed at providing Colombian company Alpha Capital, S.A.S. (“AlphaCredit”) with financing for an equivalent of up to US$ 40 million in Colombian pesos with a 5-year tenor and two years of grace and quarterly amortization. The transaction will be guaranteed by the Mexico-based company Alpha Holding, S.A. de C.V. The proceeds of the Project will be used to support AlphaCredit grow their credit line for the self-employed and pensioners in the healthcare and education sectors, etc. They are also meant to support their small- and medium-sized enterprise (“SMEs”) portfolio in Colombia. IDB Invest will support the Project with technical assistance to identify service additionalities. The Project is aimed at providing Colombian company Alpha Capital, S.A.S. (“AlphaCredit”) with financing for an equivalent of up to US$ 40 million in Colombian pesos with a 5-year tenor and two years of grace and quarterly amortization. The transaction will be guaranteed by the Mexico-based company Alpha Holding, S.A. de C.V. The proceeds of the Project will be used to support AlphaCredit grow their credit line for the self-employed and pensioners in the healthcare and education sectors, etc. They are also meant to support their small- and medium-sized enterprise (“SMEs”) portfolio in Colombia. IDB Invest will support the Project with technical assistance to identify service additionalities.
Origo FIDC Geração Distribuida <p>Origo FIDC Geração Distribuida</p> <p>Origo FIDC Geração Distribuida</p>
Eurus Wind Project - CTF Loan <p>Eurus Wind Project - CTF Loan</p> <p>Eurus Wind Project - CTF Loan</p>
BAC SME Internationalization Financing Partnership - Panama <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>
Estrella de Precision Tecnológica Estrella de Precisión Tecnológica S.A. is a precision machine company in the medical components manufacturing sector of Costa Rica; it operates in a free zone. The project consists of financing machinery that will at least double the capacity of the manufacturing facility in Costa Rica and make it possible to pay off the bridge loan, thereby freeing up resources for financing working capital. Estrella de Precisión Tecnológica S.A. is a precision machine company in the medical components manufacturing sector of Costa Rica; it operates in a free zone. The project consists of financing machinery that will at least double the capacity of the manufacturing facility in Costa Rica and make it possible to pay off the bridge loan, thereby freeing up resources for financing working capital.
Grupociencia - High-Tech Medical Device The proposed transaction consists of a mezzanine loan of up to US$10 million, with an estimated term of 7 years. The funds will be used to finance (i) working capital and (ii) capital expansion investments under the company's regional expansion plan. The proposed transaction consists of a mezzanine loan of up to US$10 million, with an estimated term of 7 years. The funds will be used to finance (i) working capital and (ii) capital expansion investments under the company's regional expansion plan.
Coopenae - Financial Inclusion Financing Partnership <p>Coopenae - Financial Inclusion Financing Partnership</p> <p>Coopenae - Financial Inclusion Financing Partnership</p>
AEGEA Águas do Rio In April 2021, a concession auction was held for CEDAE - Companhia Estadual de Águas e Esgoto do Rio de Janeiro. It was the largest sanitation infrastructure concession in the country's history. AEGEA won 2 lots (blocks 1& 4) of the dispute, with offers of more than 100% of goodwill on the concession fee. The two concessions will have 35 years tenor each, involving an investment that will sum altogether approx. BRL 24.4 billion, in addition to BRL 15.5 billion collected with the payment of the concession fees. The goal, in addition to water distribution universal, is to achieve 90% of sewage collection and treatment for 10 million people. In April 2021, a concession auction was held for CEDAE - Companhia Estadual de Águas e Esgoto do Rio de Janeiro. It was the largest sanitation infrastructure concession in the country's history. AEGEA won 2 lots (blocks 1& 4) of the dispute, with offers of more than 100% of goodwill on the concession fee. The two concessions will have 35 years tenor each, involving an investment that will sum altogether approx. BRL 24.4 billion, in addition to BRL 15.5 billion collected with the payment of the concession fees. The goal, in addition to water distribution universal, is to achieve 90% of sewage collection and treatment for 10 million people.
Eurocapital SME Financing Partnership The proposed operation contemplates an A/B Unsecured Loan of up to US$25 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 an A/B Unsecured Loan of up to US$25 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.
Telefonica Celular, S.A. de C.V. (Millicom) <p>Telefonica Celular, S.A. de C.V. (Millicom)</p> <p>Telefonica Celular, S.A. de C.V. (Millicom)</p>
Itau Paraguay SME Partnership <p>Itau Paraguay SME Partnership</p> <p>Itau Paraguay SME Partnership</p>
Maderera Boliviana Etienne S.A. MABET's expansion project ("the Project") is intended to increase and diversify the plant's productive capacity, as well as to augment the production capacity of sawn lumber from Pacahuaras. The expansion will enable a 42% increase in production of exterior doors, from 38,000 units to 54,000 units per year, and will also expand the range of products offered. The production of interior doors, is proposed to increase from 10,000 units per year to 30,000 units per year in year four of the project. Planks and parquet flooring, production will triple to 60,000 sq. m per year in year 4 of the project. There is already an established demand for these products. As a byproduct of the expansion, MABET's productive capacity for seasoned wood, the main bottleneck to the company's growth, will increase by 85%. This means that annual access to dry wood will rise from 3,400,000 sq. ft to 6,300,000 sq. ft. The total project cost is estimated at US$7.3 million, of which the IIC would fund up to US$3.5 million. MABET's expansion project ("the Project") is intended to increase and diversify the plant's productive capacity, as well as to augment the production capacity of sawn lumber from Pacahuaras. The expansion will enable a 42% increase in production of exterior doors, from 38,000 units to 54,000 units per year, and will also expand the range of products offered. The production of interior doors, is proposed to increase from 10,000 units per year to 30,000 units per year in year four of the project. Planks and parquet flooring, production will triple to 60,000 sq. m per year in year 4 of the project. There is already an established demand for these products. As a byproduct of the expansion, MABET's productive capacity for seasoned wood, the main bottleneck to the company's growth, will increase by 85%. This means that annual access to dry wood will rise from 3,400,000 sq. ft to 6,300,000 sq. ft. The total project cost is estimated at US$7.3 million, of which the IIC would fund up to US$3.5 million.
Pesquera Transantartic Trans Antartic cans fish and shellfish for sale in Chile under the Robinson Crusoe label and for export, principally to Spain. It is an affiliate of the Spanish company Jealsa Rianxeira S.A., which is the parent company of Grupo Jealsa. Grupo Jealsa ranks first in the Spanish canned fish and shellfish market and second in the European market.Trans Antartic has requested a 3 million euro A loan and a 5 million euro B loan from the IIC for refinancing liabilities incurred in building a new plant completed in late 2006 that is now fully operational, as well as for working capital. A supply agreement with Escurís S.R.L., another Grupo Jealsa affiliate, will make it possible for Trans Antartic's sales to grow considerably; this will increase its working capital requirements. Trans Antartic cans fish and shellfish for sale in Chile under the Robinson Crusoe label and for export, principally to Spain. It is an affiliate of the Spanish company Jealsa Rianxeira S.A., which is the parent company of Grupo Jealsa. Grupo Jealsa ranks first in the Spanish canned fish and shellfish market and second in the European market.Trans Antartic has requested a 3 million euro A loan and a 5 million euro B loan from the IIC for refinancing liabilities incurred in building a new plant completed in late 2006 that is now fully operational, as well as for working capital. A supply agreement with Escurís S.R.L., another Grupo Jealsa affiliate, will make it possible for Trans Antartic's sales to grow considerably; this will increase its working capital requirements.
Social Bond of Diversity and Inclusion - Cooperativa Jardín Azuayo The project consists of supporting Cooperativa de Ahorro y Crédito Jardín Azuayo Ltda ("CJA"), in the first Senior Social Bond of Diversity and Inclusion in Ecuador and the region. The total amount of the Bond is up to US$20 million with a four-year term. IDB Invest will act as anchor investor with a subscription for a total amount of up to US$10 million. Other potential investors will participate with up to US$10 million. The proceeds of the Bond will be aimed at expanding the financing to micro, small and medium-sized enterprises (“MSMEs”) led by and/or owned by indigenous people, migrants, women, low-income people and/or people with low levels of education. Additionally, a technical advisory will be provided to: (i) better assess credit decisions towards women and under-represented groups by developing alternative credit scorings such as psychometric tools; (ii) to strengthen the gender and diversity impact measurement and reporting by improving their data collection systems; and (iii) design the conceptual framework of the Social Bond and finance the second party opinion (“SPO”). The project consists of supporting Cooperativa de Ahorro y Crédito Jardín Azuayo Ltda ("CJA"), in the first Senior Social Bond of Diversity and Inclusion in Ecuador and the region. The total amount of the Bond is up to US$20 million with a four-year term. IDB Invest will act as anchor investor with a subscription for a total amount of up to US$10 million. Other potential investors will participate with up to US$10 million. The proceeds of the Bond will be aimed at expanding the financing to micro, small and medium-sized enterprises (“MSMEs”) led by and/or owned by indigenous people, migrants, women, low-income people and/or people with low levels of education. Additionally, a technical advisory will be provided to: (i) better assess credit decisions towards women and under-represented groups by developing alternative credit scorings such as psychometric tools; (ii) to strengthen the gender and diversity impact measurement and reporting by improving their data collection systems; and (iii) design the conceptual framework of the Social Bond and finance the second party opinion (“SPO”).
American Tower Argentina - Fiber Financing <p>American Tower Argentina - Fiber Financing</p> <p>American Tower Argentina - Fiber Financing</p>
Vision Banco - Habitat Humanity's Improved Housing Initiative Low-inc <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>
Residencial Atlas, S. de R.L. de C.V. The proceeds of the IIC loan will be used to purchase land for the construction of a housing development project in Mexico and for the initial construction of utilities infrastructure for this development.Residential Atlas is a company that develops middle-income housing projects in Mexico. It was established in 2002 in Torreón, Coahuila, in northern Mexico, and is currently developing 18 projects in the states of Querétaro, Aguascalientes, Nuevo León, Baja California Sur, Coahuila, and Chihuahua. The proceeds of the IIC loan will be used to purchase land for the construction of a housing development project in Mexico and for the initial construction of utilities infrastructure for this development.Residential Atlas is a company that develops middle-income housing projects in Mexico. It was established in 2002 in Torreón, Coahuila, in northern Mexico, and is currently developing 18 projects in the states of Querétaro, Aguascalientes, Nuevo León, Baja California Sur, Coahuila, and Chihuahua.
Aerometro Cable Car Urban Transport for Guatemala City <p>Aerometro Cable Car Urban Transport for Guatemala City</p> <p>Aerometro Cable Car Urban Transport for Guatemala City</p>
Casa Mantica - Diano Marina The project’s scope consists of: (i) financing for expansion of the Mantica Group’s supermarket chain and working capital requirements for its projected growth;(ii) financial support to improve its environmental performance by financing solar panels; and (iii) financial and nonfinancial support to improve corporate governance practices and the handling of food and plastic wastes (the “Project” as a whole). With this, IDB Invest and the Mantica Group expect to achieve the following objectives: (i) economic growth and job creation; (ii) net reduction in the carbon footprint of the new branches; and (iii) increased sustainability of the Mantica Group’s business through improved corporate governance practices and better waste management. The project’s scope consists of: (i) financing for expansion of the Mantica Group’s supermarket chain and working capital requirements for its projected growth;(ii) financial support to improve its environmental performance by financing solar panels; and (iii) financial and nonfinancial support to improve corporate governance practices and the handling of food and plastic wastes (the “Project” as a whole). With this, IDB Invest and the Mantica Group expect to achieve the following objectives: (i) economic growth and job creation; (ii) net reduction in the carbon footprint of the new branches; and (iii) increased sustainability of the Mantica Group’s business through improved corporate governance practices and better waste management.
Bac Regional Senior loan, in the form of a credit line, for providing funding with a range of terms, including medium- and long-term, for corporate loans, finance and operating leases, and trade and working capital finance operations, preferably for small and medium-size companies in Central America and Panama. The loan is regional in nature, and the funds will be used by Grupo BAC-Credomatic banks located in Panama, Nicaragua, Honduras, El Salvador, and Guatemala. Senior loan, in the form of a credit line, for providing funding with a range of terms, including medium- and long-term, for corporate loans, finance and operating leases, and trade and working capital finance operations, preferably for small and medium-size companies in Central America and Panama. The loan is regional in nature, and the funds will be used by Grupo BAC-Credomatic banks located in Panama, Nicaragua, Honduras, El Salvador, and Guatemala.
ECOGAL The Seymour Airport, also known as the Galapagos Ecological Airport, on Baltra Island is the airport which attracts the majority of air traffic to the Galapagos. In August 2008, Ecogal was awarded the concession of the Seymour Airport on Baltra Island in Galápagos following an international bidding process. On April 2011, the Dirección General de Aviación Civil (“DGAC”) and Ecogal entered into the concession contract which remains valid until July 2026. The contract includes the obligation of Ecogal to develop, construct and operate the airport in three construction phases of which the first two have already been completed, while the third (consisting of the re-pavement of the entire existing runway and platform) will entail a total investment for approximately US$10.0 million and will be completed by 2021 (the “Capex Plan”).The proposed financing is a senior loan in favor of Ecogal of up to US$22.3 million consisting of an IDB Invest A Loan of up to US$5.0 million and B-Loans of up to US$17.3 million. The funds will be allocated to: (i) finance up to 50% of the Capex Plan (US$5.0 million); (ii) the redemption of the outstanding balance of the bonds issued by the Company in the local market (up to US$6.5 million); (iii) pay closing expense and funding of a 6-month Debt Service Reserve Account (US$2.8 million); and (iv) payment of accrued but unpaid management fees and accrued but unpaid interest of shareholder subordinated loans (US$8.0 million). The Seymour Airport, also known as the Galapagos Ecological Airport, on Baltra Island is the airport which attracts the majority of air traffic to the Galapagos. In August 2008, Ecogal was awarded the concession of the Seymour Airport on Baltra Island in Galápagos following an international bidding process. On April 2011, the Dirección General de Aviación Civil (“DGAC”) and Ecogal entered into the concession contract which remains valid until July 2026. The contract includes the obligation of Ecogal to develop, construct and operate the airport in three construction phases of which the first two have already been completed, while the third (consisting of the re-pavement of the entire existing runway and platform) will entail a total investment for approximately US$10.0 million and will be completed by 2021 (the “Capex Plan”).The proposed financing is a senior loan in favor of Ecogal of up to US$22.3 million consisting of an IDB Invest A Loan of up to US$5.0 million and B-Loans of up to US$17.3 million. The funds will be allocated to: (i) finance up to 50% of the Capex Plan (US$5.0 million); (ii) the redemption of the outstanding balance of the bonds issued by the Company in the local market (up to US$6.5 million); (iii) pay closing expense and funding of a 6-month Debt Service Reserve Account (US$2.8 million); and (iv) payment of accrued but unpaid management fees and accrued but unpaid interest of shareholder subordinated loans (US$8.0 million).
Frete Freight financing FIDC <p>Frete Freight financing FIDC</p> <p>Frete Freight financing FIDC</p>
Citelum LED Lighting Facility - Mexico <p>Citelum LED Lighting Facility - Mexico</p> <p>Citelum LED Lighting Facility - Mexico</p>
Banco CMF S.A. - TFFP (AR-L1115) <p>Banco CMF S.A. - TFFP (AR-L1115)</p> <p>Banco CMF S.A. - TFFP (AR-L1115)</p>
APS Soluções em Energia S.A. <p>APS Soluções em Energia S.A.</p> <p>APS Soluções em Energia S.A.</p>
Alupar I - Transmission Line <p>Alupar I - Transmission Line</p> <p>Alupar I - Transmission Line</p>