ELI5: Explain Like I'm 5

Development finance institution

A development finance institution is like a big piggy bank that helps people or countries with their money needs in order to make progress. It is kind of like a bank, but for bigger projects, like building schools or hospitals, or starting businesses. Development finance institutions give money to people or countries who want to do something good, but might not have enough money to do it themselves. They can also provide guidance and support to help these people or countries grow and become more successful. So, think of a development finance institution as a helpful and wise grown-up who wants to make sure everyone has a chance to do good things and succeed.