About Latin America

Andean Development Corporation (CAF) www.caf.com- This international financial institution with headquarters in Caracas, Venezuela, is made up of Latin American and Caribbean shareholders (Bolivia, Colombia, Ecuador, Peru, Venezuela, Argentina, Brazil, Chile, Jamaica, Mexico, Panama, Paraguay, and Trinidad and Tobago and 22 private banks in the Andean region).

It is the financial branch of the Andean Community, the CAF has the mission of backing the sustainable development of its shareholder countries and of integration by raising funds to provide a range of financial services.It was established on February 7, 1968. The agreement entered into effect on January 30, 1970 and the institution formally started operating on June 8, 1970.