Inter-American Development Bank

The Inter-American Development Bank (IDB or IADB) is an international development finance institution headquartered in Washington, D.C., United States of America. It serves as one of the leading sources of development financing for the countries of Latin America and the Caribbean. Established in 1959, the IDB supports Latin American and Caribbean economic, social, and institutional development and regional integration by lending to governments and sub-national agencies, developing new financial tools, creating enabling conditions for private-sector-led growth, convening and aligning countries around common interests, and bridging the region with the rest of the world.

The IDB also provides extensive technical assistance to its borrowing member countries. It works across a range of sectors, including infrastructure, health, education, energy, citizen security, environmental sustainability, trade, transportation, housing, and small businesses.

It works in conjunction with IDB Invest, which pursues development by supporting the region's private sector through lending, mobilization, and advisory services. IDB Lab is the Bank's entrepreneurial innovation and venture-capital arm. Provided by Wikipedia