Written by Inter American Development Bank
8 April 2019

Date of effectiveness: 1992

The Multilateral Investment Fund (MIF) supports economic growth and poverty reduction in Latin America and the Caribbean through encouraging increased private investment and advancing private sector development. It works with the private sector to develop, finance, and execute innovative business models that benefit entrepreneurs and poor and low-income households; partners with a wide variety of institutions from the private, public and nonprofit sectors; evaluates results; and shares lessons learned. IDB Lab supports ventures and projects with a potential for transformational impacts in those who are vulnerable due to economic, social and/or environmental reasons, or due to their gender.