Access to Finance
Access to finance is critical to prosperity and growth. IFC helps increase the availability and affordability of financial services for individuals and for micro, small, and medium enterprises. Our advisory work helps our clients provide broad-based financial services to individuals and firms and build the financial infrastructure necessary for sustainable growth and employment generation.
At the end of FY12, we had an active portfolio of 245 projects—valued at $295.7 million—that promoted access to finance in 71 countries. In FY12, our advisory program expenditures totaled about $63 million, of which 64 percent was in IDA countries, and 16 percent was in fragile and conflict-affected areas.