Providing loans for tourism

In thirty-three years of operations in Latin America and the Caribbean, the Inter-American Development Bank (IDB) has made 33 loans for US$963 million to finance tourism and microenterprise projects costing a total of $1,900 million.

1. Providing low-interest loans
2. Providing loans

1. Reducing uncertainty of development programmes due to short-term loans
2. Assisting tourist industry in developing countries

1. Freeing up availability of loans

1. Unpaid debts
2. Unethical financial practices
3. Uncertainty of development programmes due to short-term loans
4. Reverse flow of financial aid
5. Restrictive conditions on loans through intergovernmental facilities
6. Racial discrimination in according financial loans
7. Over-dependency on international financial institutions
8. Limited availability of loans
9. Insufficient programme funding
10. Inadequate diversification of loans to vulnerable countries
11. Fraudulent loans
12. Excessive anxiety on overseas lending
13. Domination of restrictive project loans by transnational banks
14. Discrimination against women in banking
15. Deteriorating terms of international financial loans to vulnerable countries
16. Defaults on international loans
17. Bank fraud
18. Bad loans