Café Soluble S.A., which began operations in 1959 with Nicaraguan and American capital, is dedicated to producing and exporting high quality instant coffee. The company has marketed its products through its own distribution network.
The main activities of the business are the production and packaging of roasted and ground coffee, instant powder beverages, cereals, and soy milk. The company distributes its own products and also those of other local and foreign businesses.
The loan will be designated to debt restructuring, increasing production capacity, improving the distribution network, and expanding palm cultivations.
Washington, D.C. - June 16, 2009, the Inter-American Corporation of Investments (CII) approved a loan for $7 million USD to Corporación Dinant and Exportadora del Atlántico, which are both businesses of the Dinant Group.
The IFC, the World Bank's financial arm for private sector support, granted a loan of 50 million dollars to Grupo M Holding S. A.
The credit was provided "for the purpose of introducing the swaps market, that is, the transfer of funds in US dollars and currencies from other Central American countries," according to details of a press release from Grupo M.
International financial entities will increase the amount of finance available for private businesses and projects in Latin America
The International Finance Corporation (IFC), the World Bank, the Inter-American Development Bank (IDB) and the American Investment Corporation (IIC) have announced their willingness to increase resources for the financing of "eco-friendly projects, infrastructure, agribusiness and even educational projects," developed by private enterprise.
The Irish-owned Caribbean and Central American mobile telecommunications group Digicel has approached the World Bank, for a loan of between USD50 million and USD75 million to help fund its estimated USD400 million investment to launch commercial services in Honduras.
According to a report on the IFC’s website, as quoted by BNamericas, the World Bank body has applauded Digicel’s credit history and welcomed its plans for Honduras, a country where ‘private financing from local or from international commercial banks without multilateral support is scarce’. The IFC statement went on to say that ‘the entry of an experienced player such as Digicel into the market will encourage the existing mobile operators to invest further in their networks, thereby increasing availability and stimulating improved service standards, the development of value added services, and lower tariffs for consumers.’
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