IFC works with Belcorp, a Peruvian door-to-door sales cosmetics company, to expand its business model focusing on women entrepreneurs.
The company provides opportunities for self-employment and additional income to over one million women in 16 Latin American countries and generates $1.9 billion in revenues annually.
IFC arranged a $130 million financing package, which will enable Belcorp to enter new markets like Brazil and enhance its existing operations empowering women across the region.
