People's Bank of China contributes 2 billion USD to IDB for the China Co-Financing Fund for Latin America and the Caribbean (CHC)

People's Bank of China contributes 2 billion USD to IDB for the China Co-Financing Fund for Latin America and the Caribbean (CHC) On 14 January 2013, the Inter-American Development Bank (IDB) established the China Co-Financing Fund for Latin America and the Caribbean (CHC) with a 2 billion USD contribution from the People's Bank of China.

The CHC is administered by IDB, and it will be used to finance projects in Latin America and the Caribbean through the provision of up to 500 million USD of sovereign guarantee loans and up to 1.5 billion USD of non-sovereign guarantee loans.

All projects will be co-financed by CHC and either the Inter-American Development Bank (IDB) or the Inter-American Investment Corporation (IIC) (now known as IDB Invest). Loans provided by the CHC would not exceed 50 million USD for each project.

All sectors financed by the IDB are eligible for CHC financing, and beneficiary countries can include all borrowing member countries of the IDB.

For the 2013-2018 period, the IDB signed loan contracts for the following projects, including financing from CHC: Nicaragua - 2013 - Record ID#85356 - IDB administers 5 million USD loan from CHC for Lafise - Bancentro SME Financing Partnership Suriname - 2013 - Record ID#36779 - IDB administers 50 million USD loan from CHC to Government of Suriname for Financial Sector Strengthening II Brazil - 2014 - Record ID#85345 - IDB administers 50 million USD loan from CHC to BDMG for Municipal Infrastructure and Services Financing Partnership Costa Rica - 2014 - Record ID#85322 - IDB administers 50 million USD loan from CHC to Government of Costa Rica for Infrastructure Transport Program (PIT) Costa Rica - 2014 - Record ID#85334 - IDB administers 25 million USD loan from CHC to National Bank of Costa Rica for MSME Financing Partnership Ecuador - 2014 - Record ID#85317 - IDB administers 50 million USD loan from CHC to Government of Ecuador for Distribution Network Rehabilitation Program Ecuador - 2014 - Record ID#85319 - IDB administers 30 million USD loan from CHC to Government of Ecuador for National Investment Program in Water, Sanitation and Solid Waste Ecuador - 2014 - Record ID#85321 - IDB administers 25 million USD loan from CHC to Bank of Guayaquil for Access to Finance for Small and Medium Producers Ecuador - 2014 - Record ID#85350 - IDB administers 20 million USD loan from CHC to Banco Pichincha for Credife: Financial Services and Microenterprise Development Jamaica - 2014 - Record ID#57054 - IDB administers 8.1 million USD loan from CHC to Government of Jamaica for Public Sector Efficiency Program Panama - 2014 - Record ID#85360 - IDB administers 25 million USD loan from CHC to Banco General for Housing Financing Partnership Panama - 2014 - Record ID#85361 - IDB administers 10 million USD loan from CHC to Government of Panama for Sustainable Rural Electrification Program II Uruguay - 2014 - Record ID#68880 - IDB administers 44.2 million USD loan from CHC for Carape I & II Wind Power Project America, regional - 2015 - Record ID#73916 - IDB administers 7.5 million USD loan from CHC to Local Currency Fund II for financing to SMEs Barbados - 2015 - Record ID#54593 - IDB administers 17.5 million USD loan from CHC to Government of Barbados for Barbados Enhanced Access to Credit for Productivity Project Barbados - 2015 - Record ID#54610 - IDB administers 5 million USD loan from CHC to Government of Barbados for Strengthening Human and Social Development in Barbados project Bolivia - 2015 - Record ID#85338 - IDB administers 5 million USD loan from CHC to Banco Ganadero for SME Financing Partnership Brazil - 2015 - Record ID#85343 - IDB administers 25 million USD loan from CHC to BSEC for Mortgage Securitization Partnership Brazil - 2015 - Record ID#85344 - IDB administers 25 million USD loan from CHC to Banco ABC Brasil for Green Financing Partnership Ecuador - 2015 - Record ID#85318 - IDB administers 30 million USD loan from CHC to Government of Ecuador for Program to Stengthen the National Electricity Distribution System of Ecuador II Ecuador - 2015 - Record ID#85320 - IDB administers 12 million USD loan from CHC to Adelca for Steel Plant in Milagro El Salvador - 2015 - Record ID#85351 - IDB administers 20 million USD loan from CHC to Salvadoreño DPR Funding Ltd. for Banco Davivienda MSME Financing Partnership Mexico - 2015 - Record ID#85355 - IDB administers 25 million USD loan from CHC to Contecon Manzanillo for Container Port and Logistics Facility Panama - 2015 - Record ID#85357 - IDB administers 50 million USD loan from CHC to Government of Panama for Panama City and Bay Sanitation Program II Paraguay - 2015 - Record ID#85363 - IDB administers 50 million USD loan from CHC to Government of Paraguay for Rural Roads Improvements Program Paraguay - 2015 - Record ID#85367 - IDB administers 5 million USD loan from CHC for Sudameris Bank SME Financing Partnership Paraguay - 2015 - Record ID#85368 - IDB administers 10 million USD loan from CHC for Banco Continental SME Internationalization Financing Partnership Uruguay - 2015 - Record ID#37335 - IDB administers 30 million USD loan from CHC to the Government of Uruguay for the Ciudad de la Costa-West Area Sanitation Project Uruguay - 2015 - Record ID#85242 - IDB administers 36 million USD loan from CHC to Fideicomiso Financiero Arias for Colonia Arias Wind Project Uruguay - 2015 - Record ID#85261 - IDB administers 20 million USD loan from CHC to Government of Uruguay for Innovation Program for Productive Development Chile - 2016 - Record ID#85260 - IDB administers 7 million USD loan from CHC for Los Loros Solar PV Project Honduras - 2016 - Record ID#85017 - IDB administers 6 million USD loan from CHC to Ficohsa for SMEs Uruguay - 2016 - Record ID#52680 - IDB administers 19.3 Million USD loan from CHC for the Casablanca and Giacote Solar PV Project Colombia - 2017 - Record ID#54637 - IDB administers 50 million USD loan from CHC to Empresas Publicas de Medellin for Ituango Hydroelectric Project Colombia - 2017 - Record ID#85336 - IDB administers 50 million USD loan from CHC to Government of Colombia for Financial System Reform Support Program II Honduras - 2017 - Record ID#85141 - IDB administers 4 million USD loan from CHC to Banpaís for on-lending to SMEs Mexico - 2017 - Record ID#54675 - IDB administers 9.75 million USD loan from CHC for Solem Solar Farm in Mexico Mexico - 2017 - Record ID#85352 - IDB administers 37.6 million USD loan from CHC to Government of Mexico for Program to Strengthen Fiscal Management in Federative Entities and Municipios Uruguay - 2017 - Record ID#68884 - IDB administers 34.3 million USD loan from CHC to Areaflin S.A. for Valentines Wind Project Uruguay - 2017 - Record ID#68885 - IDB administers 17.9 million USD loan from CHC to Difebal S.A. for Melo-Tacuarembo Transmission Line America, regional - 2018 - Record ID#73917 - IDB administers 20 million USD loan from CHC to KfW's eco.business fund Brazil - 2018 - Record ID#85133 - IDB administers 4.2 million USD to Durli Group in Brazil for leather treatment plant (Linked to Record ID#85134) Brazil - 2018 - Record ID#88899 - IDB administers 50 million USD loan from CHC to Centrais Elétricas de Sergipe SA for Porto de Sergipe LNG-to-Power Project Ecuador - 2018 - Record ID#89015 - IDB administers 5 million USD loan from CHC to Produbanco for SMEs and green credit line Mexico - 2018 - Record ID#85237 - IDB administers 3.4 million USD loan from CHC for the Conejos-Terranova Solar PV Plant Project (inked to #85018, #54677, and #85238) Mexico - 2018 - Record ID#54677 - IDB administers 3.2 million USD loan from CHC to FV Mexsolar I and II for the Guanajuato Solar PV Plant Project (Linked to Record ID#85018, #85237, and #85238) Paraguay - 2018 - Record ID#85134 - IDB administers 3 million USD loan to Durli Group subsidiaries in Paraguay for construction of a leather plant (linked to Record ID#85133) Mexico - 2019 - Record ID#91460 - IDB Invest administers 25 million USD loan from CHC to Altán Redes for Red Compartida PPP [cancelled] Mexico - 2019 - Record ID#85238 - IDB administers 11.6 million USD loan from CHC for Navojoa Solar PV Plant (Linked to Record ID#85237, #85018, #54677) Nicaragua - 2019 - Record ID#91260 - IDB administers USD 13 million loan from CHC to BanPro for DPR program to support agribusiness Brazil - 2019 - Record ID#91178 - IDB Invest administers USD 45 million loan from CHC to Klabin S.A. for Puma II paper/pulp production project For the 2013-2018 period, the IDB approved financing for the following loans from CHC, but no loan contract was signed: Bolivia - 2013 - Record ID#85337 - IDB approves 6 million USD loan from CHC for Banco Economico MSME Financing Partnership Chile - 2014 - Record ID#85346 - IDB approves 13.9 million USD loan from CHC for Arica I Solar PV Project Peru - 2014 - Record ID#36420 - IDB approves 50 million USD loan from CHC for Lima Metro Line 2 and Line 4 PPP Peru - 2014 - Record ID#85362 - IDB approves 30 million USD loan from CHC for Fondo MiVivienda Sustainable Social Housing Partnership Mexico - 2015 - Record ID#85353 - IDB approves 50 million USD loan from CHC for ECON-Pemex Green Bond Securitization Program Mexico - 2015 - Record ID#85354 - IDB approves 15 million USD loan from CHC for Mexico Ventures SME Mezzanine Fund Brazil - 2017 - Record ID#85016 - IDB Invest approves loan from CHC for Fitesa expansion in Brazil (link to Record ID#85015) Mexico - 2017 - Record ID#85015 - IDB Invest approves loan from CHC for Fitesa expansion in Mexico (link to Record ID#85016)