Andrew Mitchell, Member of Parliament and UK Secretary of State for Int’l. Development

FINCA UK Hosts Secretary of State for International Development at Symposium

More than 120 guests gathered to hear a keynote address from Andrew Mitchell, MP and Secretary of State for International Development, at the Commonwealth Club in Central London. The topic under discussion —Social Entrepreneurship: A solution to poverty alleviation?

During his comments, Mr. Mitchell said that economic development and wealth creation should be "the engine of development, not the enemy of it." "Getting more people involved in micro-financial and microcredit services is something we recognise as being enormously important," he said. "We think that microfinance has the capacity to make quite extraordinary changes across the world, and for what you [FINCA] are seeking to do, we are aiming to provide very strong support."

Read the full article >>

FINCA Georgia Clients Use Mobile Phones for FINCA Loans

FINCA Georgia clients can now receive and repay loans using their mobile phones, thanks to a partnership with OpenRevolution and their mobile payment network MobiPay. The technology will make it easier and faster for clients to access their microloans, lowering costs for clients and FINCA Georgia.

“We’re pleased to be a market leader in providing our customers with new ways to improve their access to financial services,” said Vusal Verdiyev, FINCA Georgia CEO. “This technology will go a long way in serving our clients better, especially our clients living in rural areas.”

Click here for more information >>

“It’s our world. We’re all one. Why wouldn’t we share?”

We wanted to share this lovely message we received from a group of FINCA’s supporters who have used FINCA’s Team Pages to fund multiple Village Banks.

Our team, COE Lending Group, has a mission to close the gap between rich and poor nations. What better way than to help women in the poorest of nations to advance themselves, their families, and their communities by encouraging their creative, courageous and entrepreneurial enterprise? We’re avid supporters of FINCA and have funded Village Banks in Haiti, Zambia and Afghanistan using FINCA’s Team Pages.

Learn more about COE Lending Group and FINCA Team Pages >>