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IFC - International Finance Corporation
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Our purpose is to create opportunity for people to escape poverty and improve their lives.
Our purpose is to create opportunity for people to escape poverty and improve their lives.

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Seventy percent of women-owned businesses globally do not have access to financial products and services, such as savings accounts and loans. On Saturday at the Global Entrepreneurship Summit in #Kenya, President Barack #Obama announced that the Overseas Private Investment Corporation (OPIC) plans to join Goldman Sachs and IFC in the first-ever global finance facility dedicated to women-owned SMEs with a proposed $100 million commitment to help finance new projects.

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Professor Muhammad Yunus has long envisioned a world free from #‪‎poverty‬ . He has worked to deliver opportunities for #‎entrepreneurship‬ to all, beginning with small loans for the very poor through the founding of Grameen Bank in #Bangladesh‬ . Don't miss him speak on the power of social business and #Microfinance‬   to end poverty on July 24 at 12:30PM ET

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The #coffee rust fungus, also known as “La Roya," is destroying ‪coffee farms across Central America. How is this affecting farmers? What are the ways large global coffee buyers are adapting to changes in their supply chains? The World Bank's Pabsy Pabalan speaks to Craig Russell, ‪‎Starbucks'‬ Executive Vice President for Global Coffee, and Amy Obregon, a Nicaraguan coffee farmer.

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IFC has set an annual goal of investing 20 percent of its long-term portfolio in climate-related initiatives such as renewable power, resource efficiency, green buildings and clean technology. “I’m pleased to inform that we will exceed that 20 percent target this year," said Christian Grossmann, director for #climate change at IFC.

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‪Bangladesh‬’s ready-made ‪garment‬ industry employs more than 4 million people—mostly women—in about 4,500 factories. IFC announced on Tuesday a wide-ranging program to make Bangladesh’s garment industry safer for workers, providing $50 million to local banks and forming partnerships with leading international buyers. http://wrld.bg/Pl8JU
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IFC is investing $25 million in Alcazar Energy to help develop a series of renewable ‪#‎energy‬ projects in the Middle East, #Turkey, and #Africa‬ . “By harnessing the region’s considerable renewable potential, we can increase supply of sustainable, clean energy, helping to boost economic growth and alleviate poverty,” says Mouayed Makhlouf, IFC Regional Director for the Middle East and North Africa. http://wrld.bg/PiYqt 
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Jingdong Hua, IFC Vice President and Treasurer, told participants at the Milken Institute​Global Conference that the time is right for investors to consider opportunities in Africa, thanks to a decade of economic growth, dramatic reductions in armed conflict, and stronger policy frameworks: http://wrld.bg/MlzK1
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“The number of casualties rises by the hour. Although my family and I are safe, many of my friends have lost relatives. Many people we know no longer have their houses.” 

A personal account from Nepal: http://wrld.bg/MfDaF 
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Ziway boasts a modern hospital—the only one in a 100-kilometer radius—a school, and a top-notch football stadium.

The builder of these facilities and linchpin of Ziway is IFC’s client Afriflora. Learn how more than 100,000 people receive indirect benefits from this company: http://wrld.bg/LZcJq

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Did you know that one billion people lack access to financial services? When businesses and people have more access to finance, everyone benefits.

What the private sector, governments, and multilaterals must do to achieve universal access to finance by 2020: http://wrld.bg/LZgX0
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