A one-stop shop for construction permits in Côte d'Ivoire. © Jamie Lee / World Bank
In the developing world, 2.5 billion adults don't have a bank account and 200 million businesses lack access to credit. IFC works through financial institutions to provide much-needed access to finance for millions of individuals and micro, small, and medium enterprises that we would never be able to reach directly. This is an important part of the World Bank Group strategy to end extreme poverty and build shared prosperity.
The impact of IFC financial clients in 2016:
|$351||BILLION IN LOANS TO SMES|
|8||MILLION LOANS TO SMES|
|$29||BILLION IN HOUSING
|$270||BILLION IN TRADE
A company or entrepreneur seeking to establish a new venture or expand an existing enterprise can approach IFC directly.
The investment proposal can be submitted to the IFC field office that is closest to the location of the proposed project.