Hardcopy (Textbook)
IFC and Private Equity: Development Impact, Financial Returns
The developing world has many sharp-eyed entrepreneurs with great business ideas, ready to build first-class companies that will move their economies forward. But a major obstacle often stands in their way: a lack of access to finance. It blocks them from moving ahead, keeping them from hiring workers, increasing incomes, and raising living standards. The funds IFC supports help fill this gap. Our private equity portfolio investees report 21 percent average annual revenue growth.
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