Overview
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.
Development Reach
The impact of IFC financial clients in 2016:
- $351 BILLION IN LOANS TO SMES
- 8 MILLION LOANS TO SMES
- $60.5 BILLION IN MICROFINANCE LOANS
- $29 BILLION IN HOUSING FINANCE LOANS
- $270 BILLION IN TRADE FINANCE TRANSACTIONS
- $7.4 BILLION IN LOANS TO WOMEN-OWNED SMES
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.
