The International Finance Corporation (IFC) is a member of the World Bank Group that focuses on promoting private sector investment in developing countries. Established in 1956, its primary goal is to reduce poverty and improve living standards by supporting businesses and projects that create jobs and foster economic growth. IFC provides financial products, advisory services, and technical assistance to help businesses thrive. It invests in various sectors, including infrastructure, healthcare, and agriculture, aiming to enhance sustainability and social responsibility. By partnering with private enterprises, IFC plays a crucial role in driving development and innovation in emerging markets.