Ms Bernal and Dr Vlaicu combine rainfall data and household survey results to examine how rural Colombian families respond to income shocks produced by unexpected weather events. In particular, they investigate the “inter-temporal trade-off” that households face
Tag: IDB
MICROCAPITAL BRIEF: MSMEs in Amazon to Access $900m Loan Pool from IDB, BNDES of Brazil
The Brazilian government’s Banco Nacional de Desenvolvimento Econômico e Social (BNDES) and the multilateral Inter-American Development Bank (IDB)
MICROCAPITAL BRIEF: IDB Invest, Oikocredit Subscribing to $20m Bond from CJA to Finance MSMEs in Ecuador, Targeting Underrepresented Groups
Ecuador-based Cooperativa de Ahorro y Crédito Jardín Azuayo (CJA), with support from IDB Invest, a member of the Inter-American Development Bank (IDB) Group, is issuing bonds to raise a total of USD 20 million. The Netherlands-based cooperative Oikocredit and IDB Invest each have committed to purchase
MICROCAPITAL BRIEF: IDB Lab Accepting Applications from Entrepreneurs in Latin America, Caribbean for WeXchange Women STEMpreneurs Competition, Partner of Google for Startups, Through March 31
WeXchange, a program of the Inter-American Development Bank (IDB) Group’s IDB Lab, recently started accepting applications from female entrepreneurs in Latin America and the Caribbean for the WeXchange Women STEMpreneurs Competition. The competition targets women whose businesses
MICROCAPITAL BRIEF: Government of Belize, ICDF, IDB Seek to Create Employment, Aid Pandemic Recovery Among MSMEs, Especially Women-led Firms
The multilateral Inter-American Development Bank (IDB), Taiwan’s International Cooperation and Development Fund (ICDF) and Belize’s government recently agreed to collaborate on an effort to facilitate job creation and the growth of micro-, small and medium-sized enterprises (MSMEs) in Belize. With a focus on female entrepreneurs, the program targets MSMEs with investments to “finance
MICROCAPITAL BRIEF: Centraal, Google, IDB Lab Seeking Applicants for LAC Women Founders Accelerator Program Through September 12
Three organizations recently launched the LAC Women Founders Accelerator Program “for STEM [science, technology, engineering and mathematics] startups led by women in Latin America and the Caribbean [LAC]”: (1) Centraal, “a coworking space, a meeting place, and home to a number of startups” in Mexico; (2) US-based technology firm Google; and (3) IDB Lab, a member of the Inter-American Development Bank (IDB) Group. Twenty startups will be selected to participate in the 10-week program, which includes mentorship; a “Demo Day,” during which entrepreneurs can
MICROCAPITAL BRIEF: IDB Kicks Off $15m Program to Promote MSMEs in Belize with Eye to Climate, COVID-19 and Women
The Inter-American Development Bank (IDB), a US-based multilateral institution, recently loaned USD 15 million to Belize to provide “production-oriented capital” to 200 micro-, small and medium-sized enterprises (MSMEs). The funding is intended to assist MSMEs, particularly those led by women, in
MICROCAPITAL BRIEF: ANDE, IDB to Implement MSME Digital Transformation Program in Uruguay, Boosting Digital, Human Resources
The Inter-American Development Bank (IDB), a multilateral finance institution that promotes economic development in Latin America and the Caribbean, recently approved a loan of USD 15 million to support micro-, small and medium-sized enterprises (MSMEs) in Uruguay through the MSME Digital Transformation Program. The goal is to increase MSMEs’ adoption and awareness of “digital solutions, increase the supply of digital goods and services, and
MICROCAPITAL BRIEF: IDB to Lend $150m to Panama, Targeting MSME Recovery
The Inter-American Development Bank (IDB), a multilateral financial institution that promotes economic development in Latin America and the Caribbean, recently approved a loan of USD 150 million to support micro-, small and medium-sized enterprises (MSMEs) in Panama in adjusting to the COVID-19 pandemic “by facilitating access to production-oriented finance.” The funding will be delivered via
MICROCAPITAL BRIEF: Common Cents Lab, IDB, Mastercard, MercadoLibre Harnessing Behavioral Economics, Technology in Effort to Bolster Financial Stability of Entrepreneurs, SMEs in Latin America
The Inter-American Development Bank (IDB), a multilateral financial institution that promotes economic development in Latin America and the Caribbean, recently partnered with US-based Common Cents Lab, US-based financial services company Mastercard and Argentina-based e-retailer MercadoLibre on a program intended to improve the ability of entrepreneurs as well as small and medium-sized enterprises (SMEs) “to prepare for, deal with and recover later from economic shocks.” Over two years, the partners will design and test “behavioral-informed interventions,” such as reminders, deadlines or social pressure, “within the MercadoLibre platform and
MICROCAPITAL BRIEF: IDB Launches Program to Connect Women’s MSMEs in Latin America, Caribbean with Value Chains, International Trade
The Inter-American Development Bank (IDB), a multilateral financial institution that promotes economic development in Latin America and the Carribbean, has partnered with six large companies to launch a program promoting the integration of women-owned businesses “into foreign trade and regional value chains” as a way to: (1) stimulate the region’s economy as it adjusts to the COVID-19 pandemic; and (2) increase job opportunities and decrease economic and other gaps between men and women. The private firms, whose roles have yet to be clearly defined, are Ireland-based Accen
MICROCAPITAL BRIEF: Google, Inter-American Development Bank (IDB) Invest $12m in Locfund Next to Support Small Businesses in Latin America, Caribbean in Responding to COVID-19
Locfund Next, a debt fund managed by BIM Asset Management, recently received an investment of USD 8 million from US-based technology firm Google as part of USD 200 million Google has committed to support organizations that
MICROCAPITAL BRIEF: IDB Loans $750m to BNDES to Support MSMEs in Brazil During COVID-19 Pandemic
The Inter-American Development Bank (IDB), whose membership comprises 48 nations, recently loaned USD 750 million to Banco Nacional de Desenvolvimento Econômico e Social (BNDES), the Brazilian government’s development bank, to support micro-, small and medium-sized enterprises (MSMEs) in Brazil that have seen significant drops in revenue during the COVID-19 pandemic. The loan is expected to enable
MICROCAPITAL BRIEF: Fundacion Kodea of Chile Wins $100k JK Visionaries Award from IDB for Training Women, Youth in Technology Skills
The Inter-American Development Bank (IDB), whose membership comprises 48 nations, recently announced that Fundacion Kodea of Chile is the first-place winner of the 2019-2020 JK Visionaries Award. The award is for organizations that are successful in
MICROCAPITAL BRIEF: IDB’s Financial Innovation Lab, Oikocredit Invest $5.7m in Equity in Sempli of Colombia to Expand Fintech Services for SMEs
The multilateral Inter-American Development Bank (IDB) and Netherlands-based cooperative investor Oikocredit recently closed an investment of USD 5.7 million in Colombian financial technology (fintech) company Sempli to increase its services to small and medium-sized enterprises (SMEs). The amount invested by each organization