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Phone: 202.682.1510
1201 15th Street, NW
8th Floor

Washington
District of Columbia 20005
USA
Website

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Target demographics: FINCA provides small loans and other financial services to hardworking, impoverished microentrepreneurs to help them build small businesses so they can improve their families' living standards and give their children a brighter future.

Direct beneficiaries per year: over 1.7 million clients, impacting more than 8.2 million children and adults in their families.

Geographic areas served: 23 countries on five continents, serving clients in Africa, Latin America, Eurasia and Middle East/South Asia

Programs: Financial services, including Village Banking and small group loans, individual loans, savings accounts, microinsurance, money transfers, agricultural loans, Islamic microfinance products, microenergy loans, and other financial services for those who could not otherwise obtain them. Village Banking is distinguished from other microcredit methods by the responsibility and autonomy given borrowers in running their banks. Technical Assistance is provided to Village Banking groups to encourage savings and community development activities.

Mission:
FINCA''s mission is to provide financial services to the world''s lowest-income entrepreneurs so they can create jobs, build assets and improve their standard of living.
Results:
FINCA provides small loans and other financial services to over 1.7 million clients in 23 countries, with a global loan portfolio approaching $1 billion, to enable them to build small businesses and work their way out of poverty. The simple idea of helping people to help themselves remains at the heart of our approach to fighting poverty to this day. In 2013, FINCA Eurasia's borrower base grew by a healthy 8.9% to 438,900 people, and the gross loan portfolio surpassed $520 million. In Africa, the number of borrowers grew by 23.5% to 339,700 entrepreneurs across five countries, and a gross loan portfolio of more than $116 million. We saw a 101% increase in the number of savers in the region, thanks to Tanzania and Zambia joining DRC and Uganda to provide this service. In Latin America and the Caribbean, our subsidiaries faced strong headwinds due to a deteriorating economic and security environment, so our growth was up by only 1.6%. One bright spot was Haiti, where our program grew from 2,445 to 10,244 borrowers in just 12 months by end of year 2013. Overall in the region, we had 282,100 borrowers and more than $157 million in outstanding loans to clients by the end of 2013. The Middle East and South Asia includes our subsidiaries in Afghanistan, Jordan, and Pakistan, with a total of 85,300 borrowers at end-2013, and a gross loan portfolio of over $46 million. Outreach in Jordan increased by 23%, while in Afghanistan it increased by an incredible 41%. FINCA Pakistan added more than 200,000 savers to our network total by the year’s end. While all FINCA subsidiaries serve both women and men, in FINCA Afghanistan, 80% of our clients are women entrepreneurs.

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10/30/14
FINCA is more than poverty eradication because it help many people include my family to have independent lives and in deed FINCA help Micro,Small, and medium enterprises(MSME) in my community, Through FINCA my government and non- government help to exploit opportunity in my country. Thank ... more »
10/21/14
A few years ago my husband and I had the privilege of being escorted by a staff member of FINCA International to three micro-lending community groups when we were in Otavalo, Ecuador. We attended two different meetings and talked with group members about their projects and their participation in the... more »
10/19/14
FINCA is about changing lives, building hopes for a brighter and better future. FINCA loans has touched the lives of many Afghan families, it has enabled Afghan entrepreneurs to create job for them and their surroundings. FINCA loan has brought hopes to the families and children of some of those ... more »
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