CII Promotes Investment in Nicaragua

The CII delegation held meetings with businessmen to promote financing for investment projects.

Tuesday, November 16, 2010


©image: CII

Jacques Rogozinski, general manager of the Inter-American Investment Corporation (IIC), said funds from the CII are available for "any business from a member country which create jobs..", wrote Laprensa.com.ni.

The presidential representative for investments, Alvaro Baltodano, stated that previously, the CII only offered funding for projects over $ 2 million, but now they are making loans starting at $ 100 thousand.

More on this topic

The IIC and Café Britt Costa Rica S.A. sign an agreement for a loan of up to US$4 million

July 2010

The Inter-American Investment Corporation (IIC) signed a loan agreement for up to US$4 million with Café Britt Costa Rica S.A., a subsidiary of Grupo Britt, N.V.

This IIC loan will provide Café Britt S.A. with appropriate permanent working capital financing that will help it plan its operating funding requirements at the regional level.

$ 10 Million From IIC to La Hipotecaria

November 2010

IIC approved a loan to Banco La Hipotecaria of Panamá and La Hipotecaria in El Salvador.

Both entities are subsidiaries of La Hipotecaria (Holding), Inc.

Funds from the loan will be used to stimulate the growth of the mortgage loan portfolio of these companies.

"With this medium-term loan, the Inter-American Investment Corporation (IIC) will support the financing of residential mortgages in El Salvador and Panama, focusing resources on end users of middle and lower middle income in order to help improve access to finance of these large segments of customers," said Marvin Guevara, Investment Officer of the CII.

Honduras: Atlántida Bank Expands “Green” Loans

July 2011

The entity has received a $20 million IDB loan to expand its loan portfolio to operations with environmental sustainability.

The Inter-American Development Bank today announced the approval of a "green" facility with $30 million going to Banco Atlantida in Honduras to support lending to environmentally sustainable projects.

$15 Million for Costa Rican Exporters

July 2010

Bicsa, the International Bank of Costa Rica, will provide the funds to finance Costa Rican exports.

The funds come from a credit line by the Inter-American Investment Corporation, a dependency of the Inter-American Development Bank.

“With this initiative, exporters will be able to apply for 5 year loans, paying an interest rate of Libor plus 250 basis points”, reported Nacion.com.

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