Nordic Development Fund Contributes Additional EUR 3 Million For GREENPYME Expansion

Montevideo, Uruguay — On March 17, 2012, the Inter-American Investment Corporation (IIC) and the Nordic Development Fund (NDF) reaffirmed their ongoing commitment to supporting SMEs in Central America and to expanding the GREENPYME initiative in Latin America and the Caribbean by signing an amendment to the existing EUR 2.2 million agreement of the IIC-NDF Trust Fund, which will now include an additional EUR 3 million from the NDF.

This new contribution will finance the IIC’s GREENPYME initiative in the Plurinational State of Bolivia and enhance GREENPYME activities currently under way in Honduras and Nicaragua, all of which are low-income countries. The signing ceremony took place within the framework of the Twenty-seventh Annual Meeting of IIC’s Board of Governors.