FINCA International, Inc.
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:
Invite reviews
Invite friends and colleagues to share their experiences with this nonprofit
Peter20
11/09/12
93% of donations goes directly to clients, providing micro-loans, primarily to women. Plenty has been written recently about unscrupulous microfinance organizations who tempt people to overextend themselves and then squeeze them dry. FINCA's rate for in-arrears more than 30 days is a very ...
more »
David75
04/13/12
Like others on this review, I agree that the administrative costs, particularly for the director, have become excessive. I'd been giving for the last three years, but will refrain from giving more until they get these costs under control. Also, why pay board members...
more »
Review from CharityNavigator
Scott Reed
01/25/12
I haven't donated to FINCA since I saw a financial statement several years ago. FINCA's administration appears to be quite fat. The admin expenses are high, the Executive Director's salary is very large, and at least one board member (founder J. Hatch) is paid a very large salary for part time work...
more »
Review from CharityNavigator
