ABSTRACT
The International Finance Corporation (IFC) is a member of the World Bank Group (WBG), which consists of IFC, the International Bank of Reconstruction and Development (IBRD) and the Multilateral Investment Guarantee Agency (MIGA). In brief – IFC lends to private enterprise, while the IBRD lends to Governments. IFC is the largest private sector investor in emerging markets today. It is AAA rated with a portfolio of US$17 billion in 140 countries. IFC promotes sustainable private sector development in emerging countries to help reduce poverty and improve people's lives. IFC does this through:
financing private sector ventures in partnership with private investors;
providing loans, equity and partial guarantees in developing member countries;
mobilizing capital and loans from other sources;
providing technical assistance in partnership with donors;
operating on commercial terms without subsidies.
