In October, the Inter-American Foundation (IAF) in Washnington DC has approved the increase of its involvement in FIGAL’s capital by $300’000. FIGAL is FIG’s regional programme for Latin America with a capital of $1’000’000. The confirmation of the IAF’s commitment to its partnership with FIG is very good news as these funds will enable FIG to respond to higher demand for guarantees in Central America. For more information on the IAF, please visit their website at www.iaf.gov.