Does IFC make money on its investments?
Yes: in fact, our Articles of Agreement require IFC to operate on commercial terms and to make a profit, which we have done every year since our founding in 1956. Project Status Definitions: Pending approval: The investment proposal has not yet been reviewed by the IFC Board of Directors. Pending signing: The IFC Board of Directors has approved the investment, but the investment has not yet been committed. In other words, IFC and the project sponsor have not yet signed the deal with a legally binding agreement. Pending disbursement: IFC and the project sponsor have signed an investment agreement, but funds are yet to be disbursed. Active: IFC has started to disburse funds and/or has taken an equity stake in the company. Disbursements may be ongoing or may be completed. The investment is outstanding. Completed: The loan has been repaid or, in the case of an equity investment, IFC has sold its shares in the company. Approved + date: This is the date the IFC Board of Directors approved th
