Corporación Andina de Fomento (CAF) (Andean Development Corporation) is a multilateral financial institution, more specifically a development bank, that provides banking services to both public and private clients. CAF is the main source of multilateral financing of the Andean region. As of 2002, the institution had $5 billion in authorized capital. CAF is headquartered in Caracas, Venezuela. Additionally, it has Representative Offices in the cities La Paz, Brasilia, Bogota, Quito and Lima.