IFC, a member of the World Bank Group, is the largest global development institution focused on the private sector in emerging markets. Working with more than 2,000 businesses worldwide, we use our capital, expertise, and influence, to create opportunity where it's needed most. From July 1, 2014 to June 30, 2015, our long-term investments in developing countries rose to nearly $18 billion, helping the private sector play an essential role in the global effort to end extreme poverty and boost shared prosperity.
Micro, small, and medium enterprises are critical for the economic and social development of emerging markets. They create jobs and generate income for low-income people. Yet, access to financial services for SMEs remains severely constrained in many developing countries. IFC works to increase access to these services, by providing funding for equity, loans, and mezzanine finance to financial intermediaries focusing on SME financing. We also work to build capacity of financial intermediaries and raise awareness on best SME banking practices. IFC uses both investments and technical assistance to support financial intermediaries' outreach to the SME sector more effectively and efficiently.
For more information, visit www.ifc.org.