{"id":4476,"date":"2018-02-13T16:35:05","date_gmt":"2018-02-13T21:35:05","guid":{"rendered":"http:\/\/projectcalls.com\/?p=4476"},"modified":"2018-02-13T16:36:02","modified_gmt":"2018-02-13T21:36:02","slug":"cdb-and-dfc-launches-new-bz-40-million-credit-line-in-belize","status":"publish","type":"post","link":"https:\/\/projectcalls.com\/dev\/cdb-and-dfc-launches-new-bz-40-million-credit-line-in-belize\/","title":{"rendered":"CDB and DFC Launches new BZ $40 Million Credit Line in Belize"},"content":{"rendered":"

On January 31, 2018, under the theme\u00a0\u201cFacilitating DFC\u2019s Developmental Mandate,\u201d<\/strong>\u00a0the Caribbean Development Bank (CDB) and the Development Finance Corporation (DFC) launched CDB\u2019s 8th Consolidated Line of Credit to the DFC.<\/p>\n

This new BZD40 Million (mn) credit line, guaranteed by the Government of Belize, enables the DFC to continue financing, on affordable terms, market segments that are not readily catered for by the commercial banks and other financial institutions. These include priority sectors such as small and medium size enterprises, student loans, low income housing and energy efficiency \/ renewable energy projects.<\/p>\n

The Credit Line is complimented by a technical grant of BZD370,000 for institutional strengthening and capacity building, as well as supporting due diligence for climate risk assessment of sub projects.<\/p>\n

Between 2009 and 2016 CDB made BZD80 mn available to DFC in long term financing, half of which was approved in 2016.<\/p>\n

Peter Blackman, Portfolio Manager, Private Sector Development Unit, CDB<\/strong>\u00a0stated, \u201cGiven the higher incidence of poverty in rural Belize, providing funds to DFC for support to agriculture is a strategic investment in the country\u2019s development and especially in providing opportunities for rural households to earn income<\/em>.\u201d<\/p>\n

Blackman indicated that housing was the most conspicuous aspect of social provision and highlighted some of the additional benefits to be derived from home ownership, including access to finance, particularly for education.<\/p>\n

\u2026 more<\/a><\/p>\n

\u00a0<\/p>\n

Image:\u00a0 \u00a0Pixabay (Pexels<\/a>)<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

On January 31, 2018, under the theme\u00a0\u201cFacilitating DFC\u2019s Developmental Mandate,\u201d\u00a0the Caribbean Development Bank (CDB) and the Development Finance Corporation (DFC) launched CDB\u2019s 8th Consolidated Line of Credit to the DFC….<\/p>\n","protected":false},"author":19,"featured_media":3646,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[112],"tags":[160,182,195,183],"class_list":["post-4476","post","type-post","status-publish","format-standard","has-post-thumbnail","category-newsdevelopments","tag-belize","tag-caribbean-development-bank","tag-development-finance-corporation","tag-funding"],"aioseo_notices":[],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2017\/11\/USD-money-bills-with-envelope-Pixabay-Pexels.jpeg?fit=1280%2C960&ssl=1","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p6u9Qa-1ac","jetpack_likes_enabled":true,"jetpack-related-posts":[{"id":25036,"url":"https:\/\/projectcalls.com\/dev\/cdb-financing-biogas-feasibility-study-in-belize\/","url_meta":{"origin":4476,"position":0},"title":"CDB Financing Biogas Feasibility Study in Belize","author":"Mayra Bonilla Lopez","date":"November 10, 2022","format":false,"excerpt":"Belize The Caribbean Development Bank (CDB) has committed USD150,000 to assist with financing a feasibility study for the Government of Belize to assess the potential of generating electricity from biogas collected from sewage treatment facilities. Biogas is a form of renewable energy produced by breaking down organic matter such as\u2026","rel":"","context":"In "Articles"","block_context":{"text":"Articles","link":"https:\/\/projectcalls.com\/dev\/category\/articles\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2022\/11\/pexels-andre-moura-2402438-scaled-e1668181400817.jpg?fit=1024%2C711&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2022\/11\/pexels-andre-moura-2402438-scaled-e1668181400817.jpg?fit=1024%2C711&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2022\/11\/pexels-andre-moura-2402438-scaled-e1668181400817.jpg?fit=1024%2C711&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2022\/11\/pexels-andre-moura-2402438-scaled-e1668181400817.jpg?fit=1024%2C711&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":5836,"url":"https:\/\/projectcalls.com\/dev\/cdb-releases-2017-annual-report\/","url_meta":{"origin":4476,"position":1},"title":"CDB releases 2017 Annual Report","author":"Michele Marius","date":"June 8, 2018","format":false,"excerpt":"The Caribbean Development Bank (CDB) has released its\u00a02017 Annual Report, highlighting the institution\u2019s performance, initiatives and results delivered during the year. \u201cThe Bank recorded strong growth, and exceeded targets in both total approvals and disbursements,\u201d said\u00a0President, Dr. Wm.\u00a0Warren Smith.\u00a0\u201cThe Bank was able to respond quickly and meaningfully to the various\u2026","rel":"","context":"In "News\/Developments"","block_context":{"text":"News\/Developments","link":"https:\/\/projectcalls.com\/dev\/category\/newsdevelopments\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2018\/06\/Books-magazines-Jens-Mahnke-Pexels.jpeg?fit=1024%2C576&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2018\/06\/Books-magazines-Jens-Mahnke-Pexels.jpeg?fit=1024%2C576&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2018\/06\/Books-magazines-Jens-Mahnke-Pexels.jpeg?fit=1024%2C576&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2018\/06\/Books-magazines-Jens-Mahnke-Pexels.jpeg?fit=1024%2C576&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":37935,"url":"https:\/\/projectcalls.com\/dev\/cdb-invests-in-study-to-assess-demand-for-regional-credit-enhancement-facility-for-msmes\/","url_meta":{"origin":4476,"position":2},"title":"CDB Invests in Study to Assess Demand for Regional Credit Enhancement Facility for MSMEs","author":"Mayra Bonilla Lopez","date":"January 9, 2025","format":false,"excerpt":"Caribbean The\u00a0Caribbean Development Bank\u00a0(CDB\/the Bank) has approved USD 160,000 to fund a feasibility study for the establishment for a Regional Credit Enhancement Facility (RCEF) for Micro, Small and Medium-sized Enterprises (MSMEs). 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