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Microfinance
Microenterprises and small businesses form the backbone of developing
economies. They are key providers of employment in local labor markets.
Yet, despite their importance, these businesses rarely have access to
the savings, credit, and payment services provided by formal financial
institutions.
IFC assists these enterprises by helping commercialize the microfinance
industry. Commercialization enables microfinance institutions to leverage
their equity more efficiently, serve more clients, and offer a wider range
of financial products and services. IFC's initial engagement often encourages
commercial investors to increase financing to the sector, either directly
or through specialized vehicles.
We implement our microfinance strategy through debt, equity, and quasi-equity
investments in financial intermediaries serving micro and small businesses.
We also offer intermediaries guarantees, other credit enhancement tools,
and risk management and risk sharing products, including swaps and partial
guarantees. IFC often undertakes these investments in cooperation with
partners.
For further information on the microfinance program, contact:
Syed
Aftab Ahmed |
T:
202.473.8798
Deepak
Khanna |
T:
971.4.33.2139
Andre
Laude |
T:
202.473.0276
Tor
Jansson |
T:
202.458.5232
Zina
Sanyoura |
T:
202.473.3437
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