FINCA provides financial services to the world's lowest-income entrepreneurs so they can create jobs, build assets and improve their standard of living. We are an anti-poverty organization whose work is aimed at creating employment, raising family incomes, and reducing poverty worldwide.
We offer small loans and other products to those turned down by traditional banks, believing that even the poor have a right to financial services. With these loans, families can invest in, and build, their own small businesses and their income-earning capacity. Worldwide, our clients post repayment rates over 97 percent.
FINCA pioneered the “Village Banking method” of credit delivery, now used by hundreds of organizations worldwide. Our programs reach the poor in more diverse countries than any other microcredit provider. We operate Village Banking programs in 22 countries of Africa, Eurasia, the Greater Middle East and Latin America, serving nearly one million people – 70% women.
We’re not a typical charity. We offer loans, not gifts, and we promote financial independence, both among our clients and in our programs. Although we are a nonprofit, we operate using sound business principles and an entrepreneurial spirit.
Our work enables poor families to create their own solutions to poverty. Our Village Banking methodology promotes community and individual development, helping lift entire communities out of poverty.
Principles that Dignify and Empower the Poor: