Catalyze her Potential: Fueling Female Entrepreneurship in Belize (IADB-BL-T1183)

Countries
  • Belize
Geographic location where the impacts of the investment may be experienced.
Financial Institutions
  • Inter-American Development Bank (IADB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Active
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
U
Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."
Voting Date
Nov 21, 2024
Date when project documentation and funding is reviewed by the Board for consideration and approval. Some development banks will state a "board date" or "decision date." When funding approval is obtained, the legal documents are accepted and signed, the implementation phase begins.
Borrower
NIME Belize - International Network of Women In Buisness
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Finance
  • Technical Cooperation
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Advisory Services
The categories of the bank investment: loan, grant, guarantee, technical assistance, advisory services, equity and fund.
Investment Amount (USD)
$ 0.40 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Project Cost (USD)
$ 0.80 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Bank Documents
Primary Source

Original disclosure @ IADB website

Updated in EWS Aug 31, 2025

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Project Description
If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.

According to the IADB, this project's main objective is supporting women-led MSMEs with high growth potential and dynamic entrepreneurship. The strategy includes accelerating and supporting high potential growth women-led ventures at all stages in the business cycle from start-ups with high growth potential, to established Micro, Small and Medium-sized Enterprises (MSMEs) that face challenges to innovate and grow as well as strengthening the entrepreneurs who are nearing export readiness.

Investment Description
Here you can find a list of individual development financial institutions that finance the project.
Private Actors Description
A Private Actor is a non-governmental body or entity that is the borrower or client of a development project, which can include corporations, private equity and banks. This describes the private actors and their roles in relation to the project, when private actor information is disclosed or has been further researched.

According to the IADB, NIME Belize-International Network of Women in Business is the executing agency which aims to break down barriers with a bold and forward-thinking approach. They are leaders, not just in their ventures, but in pioneering new ideas, resources, and connections that fuel effectiveness. One of NIME’s key strengths lies in fostering collaboration and community. They actively promote spaces for participation within their network and beyond, forging alliances with other organizations to create a supportive ecosystem. This emphasis on collective empowerment extends to NIME’s core values,
where integrity, honesty, and recognizing each member's unique contribution are paramount. NIME goes beyond business success; they understand the broader impact women entrepreneurs can have. They raise awareness on social inclusion, women's rights, gender equality, and leadership skills, recognizing the role to play in peacebuilding and societal change while creating a safe and supportive environment, nurturing deep friendships and tackling issues women face today. This fosters personal growth and helps members mature into successful leaders, equipped with the skills, and plans to drive progress. Ultimately, NIME provides opportunities for professional and personal development, equipping women with the support and skills they need to thrive. NIME's unique combination of collaboration, empowerment, and social awareness makes NIME a valuable resource for women-owned businesses. They offer not just individual growth, but a united front for positive change, making NIME a driving force for a more equitable and prosperous future


Contact Information
This section aims to support the local communities and local CSO to get to know which stakeholders are involved in a project with their roles and responsibilities. If available, there may be a complaint office for the respective bank which operates independently to receive and determine violations in policy and practice. Independent Accountability Mechanisms receive and respond to complaints. Most Independent Accountability Mechanisms offer two functions for addressing complaints: dispute resolution and compliance review.

No contacts available at the time of disclosure

ACCOUNTABILITY MECHANISM OF IADB

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).

How it works

How it works