FINCA Zambia

Zambia

Africa

Statistics
1

91,636
Clients
$11.8M
Loan Portfolio
$557
Average Loan
14
Branches
2001
Year Founded
 

Featured Testimonial

Victoria Banda

Victoria's energy and determination combined with FINCA loans allowed her to improve her home, help her younger sister through college and acquire other property that provides her rental income. "I'm a landlord now! Can you imagine?"

Products & Services

Individual Loans
Village Banking Loans
Small Group Loans
Small & Medium Enterprise Loans
Savings
Insurance

Facts about Zambia

Zambia’s economy has grown more than six percent per year over the last eight years. But the country’s high birth rate and relatively high rates of poverty and HIV/AIDS demonstrate that many Zambians continue to lag behind.

FINCA Zambia is regulated, deposit taking, microfinance institution. FINCA Zambia serves low-income entrepreneurs in rural and urban areas of the country, many of whom are single mothers caring for children orphaned by AIDS. Its 14 branches deliver financial products including individual and group loans and savings.

60.5%
Living below Poverty Level
$4,086
Average annual Income
69%
Financially Excluded 2

1 Information is updated on a quarterly basis.
2 Population lacking account at formal financial institution.

 

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