How does the IFC facilitate access to finance for small and medium enterprises (SMEs)?

The correct choice highlights the comprehensive role of the International Finance Corporation (IFC) in facilitating access to finance for small and medium enterprises (SMEs). The IFC provides a range of financial products and assistance tailored to meet the specific needs of SMEs. This can include direct lending, support for financial institutions that lend to SMEs, and various forms of advisory services to help businesses develop their financial management skills and business plans.

By offering an array of financial products, the IFC addresses the diverse challenges that SMEs face in accessing capital, including lack of collateral, credit history, and financial literacy. The assistance provided may also encompass technical assistance and capacity building, which further strengthens the SMEs' ability to attract financing. Thus, the IFC's multifaceted approach effectively boosts SMEs' chances of securing the funding they need for growth and sustainability.