Debt Financing

 

The U.S. International Development Finance Corporation (DFC) partners with the private sector to finance solutions to the most critical challenges facing the developing world today. DFC invests across sectors including energy, healthcare, critical infrastructure, food security, and small business support. DFC investments adhere to high standards and respect the environment, human rights, and worker rights. DFC provides loans and loan guarantee financing to projects across a range of strategic and highly developmental sectors infrastructure, energy, health, agriculture, and support for small business.

Active 87.005 United States International Development Finance Corporation E - Direct Loans Fiscal Year 2023 Financed $7.06B across 88 projects including: Supporting entrepreneurs in Nepal to capacity to on-lend to micro, small, and medium enterprises (MSMEs); Strengthening transportation infrastructure in Sri Lanka: support the development and construction of a deep-water container terminal at the Port of Colombo that will expand shipping capacity in the region and support the local economy. Bolstering clean energy manufacturing and diversifying critical supply chains in India: financing the construction and operation of a greenfield 4 gigawatt (GW) solar cell and 4 GW solar module manufacturing facility in India; Expanding access to capital in Indonesia: support the expansion of financing to MSMEs and women-owned and -led enterprises in Indonesia. (See https://www.dfc.gov/media/press-releases/dfc-makes-more-91-billion-financial-commitments-fiscal-year-2023) 22 U.S.C. 9621(b)
BUILD Act of 2018 DFC supports investment in more than 100 countries around the world and prioritizes investment in low- and lower-middle-income countries, as defined by the World Bank. DFC may consider projects in certain upper-middle-income countries that address key agency priorities or serve underserved communities. Investors must be willing and able to make sufficient financial investment to the project to support its long-term viability. Projects DFC supports must demonstrate the competence of the management team and financial records in the same or a closely related business that show a recent record of success. All DFC projects are required to be conducted with respect for the environment, worker rights, human rights, and local communities, while also encouraging a positive host country impact. Other underwriting policies apply. Subject to negotiated terms and conditions. See .

Beneficiary Eligibility

Not applicable.

Credentials/Documentation

Yes - Investors and other persons will be required to provide information to support DFC's screening. See

What is the process for applying and being award this assistance?

Pre-Application Procedure

Preapplication coordination is required. See and

Application Procedure

2 CFR 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards applies to this program. See

Award Procedure

See

Deadlines

Not applicable.

Approval/Disapproval Decision Time

See

Appeals

Not applicable.

Renewals

Not applicable.

How are proposals selected?

Not applicable.

How may assistance be used?

Subject to negotiated uses of funds, and terms and conditions supporting DFC's development objectives, environment and social policies. See

What are the requirements after being awarded this opportunity?

Reporting

Not applicable.

Auditing

Subject to negotiated terms and conditions.

Records

Not applicable.

Other Assistance Considerations

Formula and Matching Requirements

Statutory formula is not applicable to this assistance listing.

Matching requirements are not applicable to this assistance listing.

MOE requirements are not applicable to this assistance listing.

Length and Time Phasing of Assistance

Disbursement generally over 1 to 5 years, up to 25 year term, subject to agreed terms and conditions.

Who do I contact about this opportunity?

Regional or Local Office

None/Not specified.

Headquarters Office

Finance Officer
1100 New York Ave NW
Washington, DC 20527 USA
applysfi@dfc.gov
Phone: 202-336-8400

Website Address

https://www.dfc.gov/what-we-offer/our-products/debt-financing

Financial Information

Account Identification

77-0110-0-1-151

Obligations

(Direct Loans) FY 22$192,866,963.00; FY 23 est $104,000,000.00; FY 24 est $163,000,000.00; -

Range and Average of Financial Assistance

$3.75M - $1.0 B; Average $44 million

Regulations, Guidelines and Literature

Subject to negotiated terms and conditions. See

Examples of Funded Projects

Fiscal Year 2022 Supporting rural and migrant borrowers: In collaboration with USAID, a $17.5 million loan portfolio guaranty to supporting lending to migrants and rural borrowers in Colombia.
Fiscal Year 2023 Bolstering critical mineral supply chains: A $150 million loan to graphite mining and processing operations in Mozambique. The loan will increase production and diversify the global supply chain for graphite, which is a critical mineral for transport electrification and the clean energy transition. DFC’s support will also contribute to job creation and investment in local infrastructure.