IFC offers a wide variety of financial products for private sector projects in developing countries.
To be eligible for IFC funding, a project must meet a number of 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, satisfying IFC environmental and social standards as well as those of the host country.
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IFC does not lend directly to micro, small, and medium enterprises or individual entrepreneurs, but many of our investment clients are financial intermediaries that on-lend to smaller businesses.
A company or entrepreneur seeking to establish a new venture or expand an existing enterprise can approach IFC directly by submitting an investment proposal.
After this initial contact and a preliminary review, IFC may proceed by requesting a detailed feasibility study or business plan to determine whether or not to appraise the project.
IFC's project/investment cycle illustrates the stages a business idea goes through as it becomes an IFC-financed project.