The International Finance Corporation (IFC) was founded on a bold idea: that the private sector is essential to development. IFC provides more than money, given that it blends investment with advice to help the private sector find solutions to today’s greatest development challenges.
IFC’s three business – Investment Services, Advisory Services, and IFC Asset Management– are mutually reinforcing, delivering global expertise to clients in more than a 100 developing countries. IFC provides both immediate and long-term financing, and we combine it with advice that helps companies grow quickly and sustainably.
Through investments in property, IFC aims to promote development of affordable housing and essential urban infrastructure, incorporating the latest green building standards and technology. Home ownership provides security and an important way for families to build wealth. But in most emerging markets, there is a shortage of housing. IFC’s $260 million portfolio of affordable housing projects is helping more low-and middle-income people become homeowners for the first time.