Wilson Torres on his dairy farm in Suesca Town, Colombia. © Dominic Chavez/IFC
Alongside our Investment services, tackling the $5.2 trillion SME finance gap hinges on providing best practices for small and medium enterprises (SMEs) to thrive and grow. We provide these through Advisory Solutions.
What Our Solutions Do
We help to build the capacity of financial intermediaries and to raise awareness of best SME-banking practices. IFC's SME Advisory Solutions help:
- Build financial institutions’ capacity to expand access to credit
- Enable the institutions to provide other financial and non-financial services, and to offer these to more SME customers
- Support sustainable supply chains
- Catalyze investment opportunities in emerging- and developing-market economies
Our Results
As of June 30, 2020, IFC’s Global SME Banking Advisory Services Program had 62 ongoing projects, spanning 40 countries, with $36.6 million in funds under management. About 65 percent of these projects are concentrated in International Development Association (IDA) countries, with 32 percent in conflict-affected or fragile states.