The attached Report appraises a proposal for a second line of credit to the Corporaciόn Interamericana para el Financiamiento de Infraestructura, S.A. (CIFI), of an amount not exceeding the equivalent of eight million six hundred and thirty thousand United States dollars (USD8.63 mn), to assist CIFI to expand its lending programme in the Borrowing Member Countries (BMCs) of the Caribbean Development Bank (CDB). CIFI specialises in financing small and medium size private sector lead infrastructure and energy projects in Latin America and the Caribbean region.