If you don’t work in finance, chances are you don’t use words like first loss tranche, investment grade, and institutional investors. I’ve been working in finance for years, so this terminology is now second nature. But since my friends often ask about my work, I wanted to explain it in a way that doesn’t require a business degree to understand. Here, I describe a program called MCPP Infrastructure that IFC recently launched. The “M” doesn’t stand for mango, but that’s what I use (along with an apple, orange, and kiwi) to illustrate the concept.
Anjali Varma, Principal Syndications Officer
Video by Stephan Bachenheimer
Follow the conversation: #IFCmarkets
Published in March 2018
This story is part of a series on IFC’s work to help create markets that give new opportunities to people in developing countries. These innovative approaches have helped solve some of the largest problems in countries or, sometimes, entire regions.