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Annual Meeting
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Sustainability Week
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FINPYME
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Italian Development Program
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Sustainable Finance
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Recent News
 IIC DRIVES THE DEVELOPMENT OF NICARAGUA’S PHARMACEUTICAL INDUSTRY WITH ITS FINPYME CREDIT PROGRAM
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Managua, Nicaragua – The Inter-American Investment Corporation (IIC) and Genéricos Centroamericanos S.A. (Generifar) signed a loan agreement for up to US$400,000 on January 13, 2012. The loan proceeds are to be used for purchasing equipment.
Generifar is a Nicaraguan pharmaceutical firm that manufactures and distributes generic drugs for human consumption. Since its founding in 1997, Generifar has expanded throughout Nicaragua, has become the domestic market leader, and is no...
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IIC APPROVES FIVE-YEAR REVOLVING CREDIT LINE OF UP TO MX$50 MILLION FOR VINTE VIVIENDAS INTEGRALES S.A.P.I. DE C.V. IN MEXICO
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Washington, D.C. — On January 10, 2012, the Inter-American Investment Corporation (IIC) approved a five-year revolving credit line of up to MX$50 million for Vinte Viviendas Integrales S.A.P.I. de C.V. (“VINTE”) and/or Promotora de Viviendas Integrales S.A. de C.V. (“PVI”) in Mexico.
The proceeds will be used to provide the working capital needed for the construction of a number of housing developments. While top priority will be given to low-cost affordable housing, some of ...
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IIC APPROVES SECOND LOAN FOR FINCAS PATAGÓNICAS S.A.
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This IIC Loan Will Support Growth of Argentina’s Wine Industry
Washington, D.C. — On December 16, 2011, the Inter-American Investment Corporation (IIC) approved a loan to Argentinean firm Fincas Patagónicas S.A. for a total of up to US$1 million. The loan will be used to finance the company’s accounts receivables and inventories as required to step up production and sales of its premium wines.
This will be the IIC’s second operation with Fincas Patagónicas. The firs...
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IIC APPROVES LOAN FOR UP TO US$10 MILLION TO BANCO GENERAL COSTA RICA S.A.
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Washington, D.C. — The Inter-American Investment Corporation (IIC) approved a loan for Banco General (Costa Rica) S.A. of up to US$10 million. The proceeds of the loan will be used to finance Costa Rican SMEs in a variety of productive sectors.
According to Marvin Guevara, the IIC’s investment officer responsible for this project, “With this operation, the IIC hopes to help Banco General (Costa Rica) S.A. grow its loan portfolio and consolidate its position within the Costa R...
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IIC, AMCHAM, CAMCIG, AND GRUPO FINANCIERO DE OCCIDENTE TRAIN GUATEMALAN SMES IN CORPORATE GOVERNANCE FOR FAMILY BUSINESSES
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Guatemala City, Guatemala - The Inter-American Investment Corporation (IIC), the American Chamber of Commerce in Guatemala (AMCHAM), the Italian Chamber of Commerce and Industry in Guatemala (CAMCIG), and Grupo Financiero de Occidente organized a workshop on corporate governance, which was attended by fifty family businesses. The workshop is part of the activities organized by the IIC’s FINPYME ExportPlus program.
The goal of the workshop, conducted at the offices of ...
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IIC SUPPORTS RENEWABLE ENERGY DEVELOPMENT IN ARGENTINA
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US$14 million loan to promote wind power generation in Chubut Province, in southern Argentina
Washington, D.C. – On December 6, 2011, the Inter-American Investment Corporation (IIC) approved a loan to Hychico S.A. for up to US$14 million, comprising an A loan of up to US$8 million, to be financed by the IIC, and a B loan of up to US$6 million, to be financed by financial institutions acceptable to the IIC.
The loan will provide take-out financing for the constructi...
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