As of 1993, in thirty-three years of operation in Latin America and the Caribbean, the Inter-American Development Bank (IDB) has approved 2,101 loans totalling $63,000 million for projects costing an estimated $170,000 million. Record lending between 1990 and 1993 totalled $21,500 million (or a third of all the bank's lending since operating), 40% of which was allocated to productive sector projects, 33% to 50 infrastructure projects, and 25% to 74 projects in the social sector. During 1990 to 1993, IDB continued to be the region's main source of multilateral funding for small and medium sized countries.
IDB members established the Multilateral Investment Fund (MIF) for the region in 1992. The MIF focuses on human resource development, supporting public policies aimed at expanding private sector participation in national economies, and small enterprise development (facilitated by the Small Enterprise Investment Fund (SEIF)). The MIF emphasizes bringing marginalized groups such as women and the young into the economic mainstream, and cooperates with NGO and private firms in addition to working with governments. The MIF relies upon separate financial subscriptions than the IDB. Over five years, pledged contributions by the current signatures amount to more than $1,200 million.
In 1993, the European Investment Bank (EIB) cofinanced three projects, in Argentina, Costa-Rica, and Jamaica, for a total of $112 million. The Nordic Development Fund (NDF) provided $13.5 million for projects in the Dominican Republic, Jamaica and Nicaragua, and $60 million for a project in Venezuela. The International Fund for Agricultural Development (IFAD) provided $6 million on concessional terms to cofinance a project in the Dominican Republic.