IFC Financing to Micro, Small and Medium Enterprises
Access to finance is a key barrier to the growth of micro, small, and medium enterprises (MSMEs). IFC is working to develop solutions to close the MSME financing gap, collaborating with more than 300 financial institutions across 93 countries globally. By partnering with many types of financial intermediaries, including microfinance institutions, commercial banks, leasing companies, and private equity funds, IFC reaches many more small and medium enterprises (SMEs) and micro-enterprises than it could directly.
IFC offers a wide range of financial products, including loans, equity and risk management solutions, to help financial institutions scale up or enter the MSME market. As of June 2010, IFC committed a total of $8.5 billion to MSME finance globally, with $2.5 billion in fiscal year 2010. In addition, IFC's microfinance institution (MFI) clients had 6 million loans outstanding to micro-enterprises globally by end of 2009, totaling $5.7 billion. Similarly, IFC's SME financial institution (SME FI) clients had 1.3 million loans outstanding to SMEs by end of 2009, totaling $97.1 billion globally.
IFC MSME Global and Regional Fact Sheets for External Distribution. The IFC Outreach Data and Factsheets communicate achievements and showcase successes in our MSME Access to Finance Strategy. They present aggregated results achieved by IFC supported financial intermediaries with their MSME.
- Global
- IDA
- Europe and Central Asia
- East Asia and Pacific
- Latin America and Caribbean
- Middle East and North Africa
- South Asia
- Sub-Saharan Africa