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International Finance Corporation

Partial Credit Guarantee

Instrument description

The International Finance Corporation (IFC) provides Partial Credit Guarantees (PCG) as an irrevocable promise to pay principal and/or interest of a loan or bond up to a pre-determined amount in case of payment defaults. The guarantee is often structured to fully cover each debt service payment, subject to a maximum cumulative payout equal to the guarantee amount.

Eligible projects and transactions

Private sector projects that are technically sound, have good prospects of being profitable, benefit the local economy, and are environmentally and socially sound are eligible.

Eligible regions

Developing IFC member countries

Risk Sharing Facility

Instrument description

The Risk Sharing Facility (RSF) of the International Finance Corporation (IFC) is set up for bilateral loss-sharing agreements between IFC and an originator of assets. The originator may be a bank or a corporation. This instrument is of value for originators if they require credit risk protection but not funding. IFC agrees to reimburse the originator for a fixed portion of incurred losses that exceed a predefined threshold or first loss on a portfolio of eligible assets. The objective of providing this risk-sharing instrument is to increase the originator´s capacity to launch new assets within an asset category in which IFC envisions scaling its own exposure.

Eligible projects and transactions

Private sector projects that are technically sound, have good prospects of being profitable, benefit the local economy, and are environmentally and socially sound are eligible. It is available for mortgage, consumer, student, school, energy efficiency as well as small and medium-sized enterprise loans.

Eligible regions

Developing IFC member countries

Local Currency Loans

Instrument description

The International Finance Corporation (IFC) provides local currency financing to mitigate the risk for companies to face losses from currency mismatches of assets and liabilities in developing countries. IFC’s local currency loans may carry a fixed or variable rate. IFC can provide long-term local currency loans in over 30 emerging market currencies.

Eligible projects and transactions

Private sector projects that are technically sound, have good prospects of being profitable, benefit the local economy, and are environmentally and socially sound are eligible.

Eligible regions

Developing IFC member countries

Eligible Countries

  • Flag of Afghanistan
    Afghanistan
  • Flag of Angola
    Angola
  • Flag of Argentina
    Argentina
  • Flag of Armenia
    Armenia
  • Flag of Azerbaijan
    Azerbaijan
  • Flag of Bangladesh
    Bangladesh
  • Flag of Benin
    Benin
  • Flag of Bhutan
    Bhutan
  • Flag of Bolivia
    Bolivia
  • Flag of Bosnia & Herzegovina
    Bosnia & Herzegovina
  • Flag of Brazil
    Brazil
  • Flag of Burkina Faso
    Burkina Faso
  • Flag of Burundi
    Burundi
  • Flag of Cambodia
    Cambodia
  • Flag of Cameroon
    Cameroon
  • Flag of Cape Verde
    Cape Verde
  • Flag of Central African Rep.
    Central African Rep.
  • Flag of Chad
    Chad
  • Flag of Chile
    Chile
  • Flag of China
    China
  • Flag of Colombia
    Colombia
  • Flag of Comoros
    Comoros
  • Flag of Congo, Dem. Rep.
    Congo, Dem. Rep.
  • Flag of Congo, Repub. of the
    Congo, Repub. of the
  • Flag of Costa Rica
    Costa Rica
  • Flag of Cote d
    Cote d'Ivoire
  • Flag of Croatia
    Croatia
  • Flag of Djibouti
    Djibouti
  • Flag of Dominica
    Dominica
  • Flag of Dominican Republic
    Dominican Republic
  • Flag of Ecuador
    Ecuador
  • Flag of Egypt
    Egypt
  • Flag of Eritrea
    Eritrea
  • Flag of Ethiopia
    Ethiopia
  • Flag of Gambia, The
    Gambia, The
  • Flag of Georgia
    Georgia
  • Flag of Ghana
    Ghana
  • Flag of Grenada
    Grenada
  • Flag of Guatemala
    Guatemala
  • Flag of Guinea
    Guinea
  • Flag of Guinea-Bissau
    Guinea-Bissau
  • Flag of Haiti
    Haiti
  • Flag of Honduras
    Honduras
  • Flag of India
    India
  • Flag of Indonesia
    Indonesia
  • Flag of Iraq
    Iraq
  • Flag of Jordan
    Jordan
  • Flag of Kazakhstan
    Kazakhstan
  • Flag of Kenya
    Kenya
  • Flag of Kiribati
    Kiribati
  • Flag of Kyrgyzstan
    Kyrgyzstan
  • Flag of Laos
    Laos
  • Flag of Lebanon
    Lebanon
  • Flag of Lesotho
    Lesotho
  • Flag of Liberia
    Liberia
  • Flag of Libya
    Libya
  • Flag of Madagascar
    Madagascar
  • Flag of Malawi
    Malawi
  • Flag of Maldives
    Maldives
  • Flag of Mali
    Mali
  • Flag of Marshall Islands
    Marshall Islands
  • Flag of Mauritania
    Mauritania
  • Flag of Mexico
    Mexico
  • Flag of Micronesia, Fed. St.
    Micronesia, Fed. St.
  • Flag of Moldova
    Moldova
  • Flag of Mongolia
    Mongolia
  • Flag of Morocco
    Morocco
  • Flag of Mozambique
    Mozambique
  • Flag of Myanmar
    Myanmar
  • Flag of Nepal
    Nepal
  • Flag of Nicaragua
    Nicaragua
  • Flag of Niger
    Niger
  • Flag of Nigeria
    Nigeria
  • Flag of Pakistan
    Pakistan
  • Flag of Panama
    Panama
  • Flag of Papua New Guinea
    Papua New Guinea
  • Flag of Peru
    Peru
  • Flag of Philippines
    Philippines
  • Flag of Romania
    Romania
  • Flag of Russia
    Russia
  • Flag of Rwanda
    Rwanda
  • Flag of Saint Lucia
    Saint Lucia
  • Flag of Saint Vincent and the Grenadines
    Saint Vincent and the Grenadines
  • Flag of Samoa
    Samoa
  • Flag of Sao Tome & Principe
    Sao Tome & Principe
  • Flag of Senegal
    Senegal
  • Flag of Serbia
    Serbia
  • Flag of Sierra Leone
    Sierra Leone
  • Flag of Solomon Islands
    Solomon Islands
  • Flag of Somalia
    Somalia
  • Flag of South Africa
    South Africa
  • Flag of South Sudan
    South Sudan
  • Flag of Sri Lanka
    Sri Lanka
  • Flag of Sudan
    Sudan
  • Flag of Syria
    Syria
  • Flag of Tajikistan
    Tajikistan
  • Flag of Tanzania
    Tanzania
  • Flag of Thailand
    Thailand
  • Flag of Timor Leste
    Timor Leste
  • Flag of Togo
    Togo
  • Flag of Tonga
    Tonga
  • Flag of Tunisia
    Tunisia
  • Flag of Turkey
    Turkey
  • Flag of Tuvalu
    Tuvalu
  • Flag of Uganda
    Uganda
  • Flag of Ukraine
    Ukraine
  • Flag of Uruguay
    Uruguay
  • Flag of Uzbekistan
    Uzbekistan
  • Flag of Vanuatu
    Vanuatu
  • Flag of Vietnam
    Vietnam
  • Flag of Yemen
    Yemen
  • Flag of Zambia
    Zambia
  • Flag of Zimbabwe
    Zimbabwe