A Partnership with Purpose: The Inter-American Development Bank and PepsiCo
Inter-American Development Bank (IDB)
This publication tells the story of the collaboration between the Inter-American Development Bank, PepsiCo, and the PepsiCo Foundation. At a February 2011 ceremony in Mexico City, a five-year Memorandum of Understanding was signed by IDB President Luis Alberto Moreno and PepsiCo Chairman and CEO Indra Nooyi, laying the groundwork for a partnership that would go on to promote sustainable growth, access to services, and social inclusion for underserved communities. Through this partnership, PepsiCo and the PepsiCo Foundation have leveraged the IDB's technical and financial strengths to maximize their development impact and achieve scale, while the IDB has leveraged PepsiCo and the PepsiCo Foundation's resources and skills for innovation to enhance its interventions and better serve those most in need.