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Microfinance and Private Sector Development

IDA at Work: Microfinance and Private Sector Development
Photo by Arne Hoel

Sustained growth in low-income countries hinges on the ability to foster a thriving private sector that provides good jobs and incomes.

IDA has focused most of its private sector development work on encouraging governments to provide a solid institutional foundation and clear rules of the game for entrepreneurial activity. It also supports job creation through microfinance initiatives around the world, and works in partnership with IFC and MIGA to fund critical projects. 

  Download a 6-page brief on Entrepreneurship and Growth PDF

Mozal Plant Spurs Growth in MozambiqueMozal Plant in Mozambique: Tripled the country's exports and spurred growth.

Microfinance in Afghanistan Takes OffMicrofinance in Afghanistan: Half-a-million loans; 75% of clients are women.

Project Profiles

Albania: Microcredit Supports A Growing Rural Economy (feature story)
- Investment and Exports Promotion in Armenia Improves Country Performance
Mobile Phones Create Opportunities for Villagers in Bangladesh
- Low-cost Private Power Generation in Bangladesh
Microfinance in Bosnia-Herzegovina Helps Create or Sustain About 200,000 Jobs
- Microfinance Networks in Madagascar Promote Women's Access to Credit
- Building a Better Business Climate in Nicaragua
- Reforms to Financial Institutions in Tanzania Make Credit Widely Available
- Attracting Private Capital in Vietnam to Meet the Country's Energy Needs

Learn More

- What is IDA? The International Development Association (IDA) is the part of the World Bank that provides interest-free credits and grants to the world’s poorest countries. Learn more
- Doing Business surveys have helped governments develop a healthier business environment.
- The World Bank's Financial and Private Sector Development website.
- The Private Sector Development Blog gathers news, resources and ideas about the role of private enterprise in fighting poverty. Read the latest posts from World Bank staff.
- World Bank GroupHow IDA works with IFC and MIGA.


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