Difference between revisions of "International Finance Corporation (IFC)"

Revision as of 13:02, 8 July 2010

Aim — IFC promotes economic development through private sector. Working with business partners, IFC invests in sustainable private enterprises in developing countries without the need for government guarantees.

More information — In partnership with other investors, IFC provides clients with loans and intermediary services, loan participations, equity, structured finance, trade finance, risk management products, and subnational finance. IFC is providing a rapidly growing share of its financing in local currency.

Sectors —

Who can apply

Type of organisations targeted —

Specific organisations targeted — Private sector in development countries

Type of projects —

Specific type of projects — projects in sectors: Agribusiness Global Financial Markets Global Manufacturing & Services Health & Education Information & Communication Technologies Infrastructure Oil, Gas, Mining, & Chemicals Private Equity & Investment Funds Subnational Finance

Project stadia —

Target world region —

Specific information on target countries — Developing countries

Criteria — The project must: Be located in a developing country that is a member of IFC; Be in the private sector; Be technically sound; Have good prospects of being profitable; Benefit the local economy; and Be environmentally and socially sound

How to apply

Application procedure — There is no standard application form for IFC financing. A company or entrepreneur, foreign or domestic, seeking to establish a new venture or expand an existing enterprise can approach IFC directly. This is best done by submitting an investment proposal.

Selection procedure —