Latin America and the Caribbean
IFC provided a record $6.5 billion to 129 projects in Latin America and the Caribbean in FY13, including $1.7 billion mobilized from other financial institutions. Our priorities in the region include expanding access to finance and encouraging good environmental and social performance. We also work to boost competitiveness and strengthen regional integration.
Our clients in the region supported nearly 680,000 jobs and helped educate about 900,000 students last year. In the financial sector, they provided nearly 15 million loans valued at about $82 billion to micro, small, and medium enterprises.
Supporting smaller economies is a priority for us—we invested $1 billion in such economies in Central America and the Caribbean in FY13. We also invested more than $400 million in projects in the frontier regions of north and northeast Brazil and the Amazon.