Consumer & Social Services
Private health care and education are fundamental to human and economic development—health care plays a key role in improving the quality of life, while education is a powerful instrument for reducing poverty and growing human capital.
IFC is the world’s largest multilateral investor in these sectors. We work to increase access to high-quality health and education while also supporting job-creating sectors such as tourism, retail, and property. We help improve standards of quality and efficiency, facilitate the exchange of best practices, and create jobs for skilled professionals. We focus on helping client companies increase their development impact.
In addition to making direct investments in socially responsible companies, our role includes sharing industry knowledge and expertise, funding smaller companies, raising medical and education standards, and helping clients expand services to lower-income groups.
In FY12, our new commitments in consumer and social services totaled about $1.4 billion, or nearly 9 percent of commitments for IFC’s own account.