Project Features

What's New About the IFC Project Database?

To make the information on IFC projects more useful to you, we have added several new features to each project document.

The most significant additions are two new fields called Status and Previous Events. Both are located in the profile information at the top of each document. This information is updated daily and tracks the progress of each IFC investment.

Status identifies the current stage of the IFC investment.

Previous Events lists the key events in the project cycle that have already occurred, specifying the date of each event.

What Does the New Information Mean?

For Status

• Pending approval: The investment proposal has not yet been reviewed by the IFC Board of Directors.
• Pending signing: The IFC Board of Directors has approved the investment, but the investment has not yet been committed. In other words, IFC and the project sponsor have not yet signed the deal with a legally binding agreement.
• Pending disbursement: IFC and the project sponsor have signed an investment agreement, but funds are yet to be disbursed.
• Active: IFC has started to disburse funds and/or has taken an equity stake in the company. Disbursements may be ongoing or may be completed. The investment is outstanding.
• Closed: The loan has been repaid or, in the case of an equity investment, IFC has sold its shares in the company.

• Approved + date: This is the date the IFC Board of Directors approved the investment. It may or may not be the same date as the projected board date, which is often estimated before an actual board date can be scheduled.
• Signed + date: This is the date IFC and the project sponsor signed the legally binding investment agreement.
• Invested + date: This is the date IFC started to disburse funds and/or took an equity stake in the company.