To alleviate poverty through lasting solutions that help people build assets, create jobs and raise their standard of living.
To build a global network of sustainable and scalable social enterprises that improve lives worldwide.
With headquarters in Washington, DC, FINCA International reaches over 1.8 million clients through its 23 subsidiaries in Africa, Eurasia, the Middle East and South Asia, and Latin America. Our outreach is among the broadest and most comprehensive of today’s microfinance institutions.
Every day, entrepreneurs in 23 countries come to FINCA with a shared purpose: to create a brighter future.
FINCA is leading the way in expanding access to social responsible financial services in underserved and low-income communities. Access to credit, savings accounts and transfer services allow people to be more productive in their small businesses and to have more control over their lives. According to the World Bank, approximately 2 billion people don’t yet use formal financial services.
To many people in the developing world, a loan of $100, $500 or $2,500 is a fortune. It is enough to make investments that make their business far more productive. They might buy a used sewing machine to make dresses faster than they could if sewing by hand. They might invest in a refrigerator to keep the food in their small restaurant from going bad overnight. They might buy equipment to irrigate crops for better yields or bale hay for faster storage and sale.
Whatever their need, all FINCA clients share the dignity and purpose that comes with owning their own businesses and working to care for their families. They share the excitement that comes from opening a first bank account. They share the dream of making a better world and life for their children.
FINCA products vary by local demand and they are adapted to comply with local regulations and culture. Each FINCA Subsidiary is run by a local team of professionals with intimate knowledge of their market, and it is this localized, client-centric approach that has made FINCA’s global expansion possible and so effective.
Responsible banking and a focus on the long-term well-being of clients are core values embedded in FINCA’s mission. We have adopted strict internal standards and policies to help ensure that clients do not become over-indebted and that they are always treated fairly and ethically. One of the keys to this is education. FINCA offers financial literacy classes in many countries to teach people how to budget, save and invest wisely in their micro businesses.
FINCA was one of the founders of the Smart Campaign, a global initiative promoting the adoption of high ethical standards in the treatment of clients in the microfinance industry. In 2014, Kyrgyzstan became the first FINCA subsidiary to receive formal Client Protection Certification by the Smart Campaign and in 2015, Azerbaijan became the second.