Development Finance Institution

Overseas Private Investment Corporation (OPIC) Mobilizing Private Sector Investment for Development

Submitted by fsiddique@ifc.org on

Development finance institutions like the Overseas Private Investment Corporation (OPIC), were formed on the understanding that the private sector has a critical role to play in development. OPIC works to mobilize private sector investment for development and has supported several critical infrastructure projects like power plants and hospitals that require large investments of time and money.

Desenvolve SP

Desenvolve SP is the development finance agency of the Government of the State of São Paulo, dedicated to fostering the growth of businesses and municipalities through accessible and customized credit solutions. With a strong focus on innovation, sustainability, and regional development, the institution provides financing for companies of all sizes and public infrastructure projects — always striving to ensure that entrepreneurs with solid projects don’t miss the opportunity to make them happen due to lack of credit. Linked to the State’s Department of Economic Development, its mission is to turn promising ideas into reality — creating jobs, income, and opportunities throughout São Paulo.

Member Since
Contact Person Name
Luis Fonseca
Contact Person Title
Chief of Staff
Contact Person Email
luis.fonseca@desenvolvesp.com.br

Pak Oman Investment

Pak Oman Investment Company Limited (POIC) is a Development Financial Institution (DFI) dedicated to providing corporate banking, SME Finance and investment banking services. The company's core objective is to foster economic growth in both Pakistan and Oman by facilitating industrial development and promoting agro-based industries on a commercial basis. Operating from its headquarters in Karachi, POIC extend its reach through a branch office in Lahore and representative offices in Islamabad, Gwadar, and Muscat. POIC's stable ratings are bolstered by its joint venture shareholding structure, with equal ownership by the Government of Pakistan (GoP) and the Sultanate of Oman.

Country / Region
Member Since
Contact Person Name
Nadia lshtiaq
Contact Person Title
Head of Investment Banking and Private Equity
Contact Person Email
nadia.ishtiaq@pakoman.com
Operation countries

SDFC

SME Development Finance Corporation Private Limited (SDFC), is the ­first and only ­financial institution in the Maldives specialized in providing credit facilities to Micro, Small, and Medium Enterprises (MSMEs).

Country / Region
Member Since
Location
4.1754959, 73.5093474
Contact Person Name
Ahmed Zeenad
Contact Person Title
Managing Director
Contact Person Email
zeenad@sdfc.mv
City/Town location
Male
Operation countries

CGC Malaysia

CGC Malaysis aims to assist MSMEs with inadequate or without collateral and track record to obtain credit facilities from financial institutions by providing guarantee cover on such facilities.

Country / Region
Member Since
Contact Person Name
Zarina Osman
Contact Person Title
Chief Credit & Operations Officer
Contact Person Email
zarinaosman@cgc.com.my
Operation countries

Credit Guarantee Corporation Papua New Guinea

The Credit Guarantee Corporation of Papua New Guinea is a credit supplementation institution established to assist SMEs to have access to finance through various guarantee schemes at reasonable costs. CGC provides guarantee to viable SMEs who lack collateral to access credit to grow and contribute to economic development.

Country / Region
Member Since
Location
-9.4438004, 147.1802671
Contact Person Name
Dr. Dominic SIkakau
Contact Person Title
CEO
Contact Person Email
dsikakau@cgc.com.pg
City/Town location
Port Moresby
Operation countries

CGTMSE

Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) is jointly set up by Ministry of MSMEs, Government of India and SIDBI to catalyse flow of institutional credit to MSEs.

Country / Region
Member Since
Location
19.0759837, 72.8776559
City/Town location
Mumbai, India

KOBIA - The SMB Development Agency of Azerbaijan

The Agency’s objective is to support MSME development in Azerbaijan, strengthen their role in the national economy, increase their competitiveness and contribution to the national development indicators.

Country / Region
Member Since
Location
40.4092617, 49.8670924
Contact Person Name
Humay Ahmadbayli
Contact Person Title
Chief Specialist of International Cooperation Division
Contact Person Email
humay.ahmadbayli@smb.gov.az
City/Town location
Baku
Operation countries

Yemen Loan Guarantee Program

Non-for-profit guarantee provider, the YLG provides partial guarantees on loans made by bank and microfinance institutions to MSMEs located in Yemen.

Country / Region
Member Since
Location
15.3694451, 44.1910066
Contact Person Name
Rami M. Al-Sabri
Contact Person Title
Managing Director
Contact Person Email
ralsabri@ylg-yemen.org
City/Town location
Sana'a
Operation countries