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| | News - International Finance Corporation (IFC) |
 | | The IFC is a member of the World Bank Group and is headquartered in Washington, D.C. It shares the primary objective of all World Bank Group institutions: to improve the quality of the lives of people in its developing member countries. |
 | | To be eligible for IFC financing, projects must have the prospect of being profitable for investors, benefit the economy of the host country, and comply with stringent social and environmental guidelines. The IFC finances projects in commercial sectors including infrastructure, financial services, manufacturing, tourism, and many others. |
 | | To ensure the participation of investors and lenders from the private sector, the IFC limits the total amount of debt and equity financing it will provide for any single project to 25 percent of total estimated project costs; it will not normally hold more than a 35 percent stake or be the largest shareholder. |
| web.worldbank.org /WBSITE/EXTERNAL/NEWS/0,,contentMDK:20040646~menuPK:34480~pagePK:34370~theSitePK:4607,00.html (605 words) |
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