The International Finance Corporation (IFC) is part of the World Bank Group that focuses on private sector development in developing countries. It provides loans, equity, and advisory services to encourage private sector investment in infrastructure, health, education, agriculture and other industries. Some of IFC's goals include sustainable agriculture, small business expansion, and infrastructure improvement. Notable projects include investments in telecom in Afghanistan and the textile industry in Bangladesh. IFC works throughout the project cycle from project identification to evaluation to promote economic growth and reduce poverty.