IFC provides investment and advice to expand access to finance for millions of individuals and SMEs. They work with a variety of partners — financial institutions as well as governments — to achieve wider impact than we could on our own. In FY17, their clients provided more than $351 billion in SME loans.
In Brazil, they arranged a $275 million financing package for Banco Daycoval to help the bank expand financing for SMEs — with 25 percent of the funds to be allocated specifically to businesses headed by women. Other accomplishments are also included in the report.