Belgian Investment Company for Developing Countries
The Belgian Investment Company for Developing Countries (BIO) is an economic development agency located in Brussels, Belgium, founded in 2001. Its primary goal is to foster a robust private sector in developing and emerging countries, facilitating access to sustainable growth and development. BIO directly invests in private sector projects, contributing significantly to the socio-economic development of the host countries. The agency's mandate emphasizes specific geographical targets, diverse financing tools, and a strong focus on the impact of its investments on development, aligning with international development goals. The management of BIO's assets is overseen by its executive management team, ensuring that its initiatives effectively support sustainable economic progress in the regions it serves.
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Past deals in Bolivia
Cidre IFD
Debt Financing in 2022
Cidre IFD is a private, non-profit social development organization focused on delivering financial services to underserved communities in central and southern Bolivia. The organization specializes in providing micro-loans aimed at supporting the rural sector, facilitating access to essential financial resources for local farmers. In addition to micro-loans, Cidre IFD offers a range of products including Kiva credits, insurance, BOP credits, and savings facilities, along with various non-financial services. By addressing the financial needs of rural populations, Cidre IFD plays a crucial role in promoting economic development and improving the livelihoods of farmers in the region.
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