Consumer Finance

Consumer finance companies are intermediaries that play an important role in the financial sector despite some significant limitations: they are either not allowed to take deposits from the public or have strict limits on their deposit-taking ability. Though these limitations result in higher funding costs, consumer finance companies can compete with banks by providing better service or flexible terms, by developing innovative products, serving higher risk clients, or pursuing other client-oriented strategies. They continue to grow rapidly, both in developed and developing countries.

IFC has been active in developing the consumer finance industry in developing countries for over two decades. Our in-house experts provide advice in designing projects that help more consumers in these countries gain access to finance.

For further information on the consumer finance program, contact:
Ary Naim | T: 202.458.1471