Original disclosure @ IIC website
Updated in EWS Aug 1, 2018
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The Inter-American Development Bank Invest (IDB Invest), formerly the Inter-American Investment Corporation (IIC, has released little information about this project. The financial intermediary Banco Delta is a microfinance bank which provides a range of credit, insurance, and savings products to micro and small businesses in Panama. It is possible that the project is related to this activity.
This project has been classified as FI-2 in the environmental and social category, which corresponds with medium risk or a B rating.
The Inter-American Investment Corporation has not released information about the investment type as of the time of writing.
Contact:
Apel, Michael +1 202 623-2521
Abreu, Maria Lucia (598) 2915-4330
Valencia, Paula A. +1 202 623-2927
Penedo, Maryline +1 202 623-3924
The Independent Consultation and Investigation Mechanism (MICI) is the independent complaint mechanism and fact-finding body for people who have been or are likely to be adversely affected by an Inter-American Development Bank (IDB) or Inter-American Investment Corporation (IIC)-funded project. If you submit a complaint to MICI, they may assist you in addressing the problems you raised through a dispute-resolution process with those implementing the project and/or through an investigation to assess whether the IDB or IIC is following its own policies for preventing or mitigating harm to people or the environment. You can submit a complaint by sending an email to MICI@iadb.org. You can learn more about the MICI and how to file a complaint at http://www.iadb.org/en/mici/mici,1752.html (in English) or http://www.iadb.org/es/mici/mici,1752.html (Spanish).