Inter-American Investment Corporation
in Central America
Friday, March 18, 2011
The Inter-American Investment Corporation approved a loan to Blue Power & Energy for development of the La Fe-San Martín wind farm.
The loan proceeds will enable BPE construction, commissioning and operation of 22 V90 Vestas generators of 1.8 MW each in Rivas, southwest Nicaragua. The wind park is expected to generate 138 GWh of electricity a year, contributing to an increase of over 5% of the country´s electricity consumption.
Tuesday, November 16, 2010
The CII delegation held meetings with businessmen to promote financing for investment projects.
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.
Friday, November 5, 2010
The IIC financing will create effective mechanisms to channel credits to SMEs in Panama.
The Inter-American Investment Corporation (IIC) approved a loan of up to $ 6 million to Multibank, Inc.
Thursday, November 4, 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.
Thursday, October 28, 2010
The IIC approved a loan to Coriport for airport expansion works in Liberia, Costa Rica.
"With this transaction, the IIC, along with BICSA and other international banks, will contribute to private sector development, particularly in rural areas of Costa Rica, driving the infrastructure boom and boosting the tourism industry, marking another milestone in the development of tourism in the country, as it did more than a decade ago when it funded the first five-star hotel in the Guanacaste coast. This is an area with various economic activities which will promote more jobs, generate foreign exchange, new business opportunities and further develop and diversify existing economic activities," said Juan Fonseca, Investment Officer at IIC in charge of the operation.
Wednesday, August 4, 2010
The Inter-American Investment Corporation (IIC) has authorized a credit line to BBVA Panamá with the aim of giving SMEs access to finance.
The credit line seeks to make funds available to small and medium sized Panamanian companies, to help cover their operating costs and includes finance for working capital and revolving credit lines. This is the IIC’s second operation with BBVA Panamá.
Wednesday, July 21, 2010
It is estimated that approximately 300 SMEs will benefit from this operation.
On July 20, 2010, the Inter-American Investment Corporation (IIC) approved a loan of up to US$20 million to El Salvador’s Banco de América Central S.A.
Wednesday, July 21, 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.
Monday, June 7, 2010
The Inter-American Investment Corporation (IIC) approved an equity investment of up to US$1 million in preferred shares of Financiera Desyfin S.A.
The investment involves purchasing dollar-denominated perpetual preferred shares. In addition to strengthening Desyfin’s capital structure, the funds from the IIC will provide the company with direct financing to grow its medium- and long-term SME portfolio. Approximately 520 SMEs will benefit directly and indirectly from this operation.
Friday, April 23, 2010
Bank BAC will offer funding for Small and Medium Enterprises interested in developing energy efficiency projects.
The banking institution signed a collaboration agreement with the Inter-American Investment Corporation (IIC). Under it, they will offer funding and technical assistance to small and medium enterprises to develop energy efficiency projects.
Thursday, July 16, 2009
Costa Rican, Guatemalan and Panamanian SMEs will be able to tap a $10 million fund by Scotia Leasing, for financing projects.
Some 100 small and medium companies will benefit from the financing made available by Scotia Leasing Costa Rica, Scotia Leasing Guatemala and Scotia Leasing Panamá. The funds were provided for loan by the Interamerican Investment Corporation (IIC).
Tuesday, June 16, 2009
The loan will be designated to debt restructuring, increasing production capacity, improving the distribution network, and expanding palm cultivations.
Washington, D.C. - June 16, 2009, the Inter-American Corporation of Investments (CII) approved a loan for $7 million USD to Corporación Dinant and Exportadora del Atlántico, which are both businesses of the Dinant Group.
Friday, June 12, 2009
The loan, which is from the Inter-American Investment Corporation, will be applied to expanding the product line and making improvements in operating efficiency.
Café Soluble S.A., which began operations in 1959 with Nicaraguan and American capital, is dedicated to producing and exporting high quality instant coffee. The company has marketed its products through its own distribution network.
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