Facts about FINCA

FINCA International

John Hatch sketched out the ideas that led to the development of FINCA on a cocktail napkin while flying into Bolivia in 1984
FINCA stands for Foundation for International Community Assistance
In 2010 FINCA clients and staff across five continents honored a historic milestone for the organization—its 25th year of providing life-changing small loans to help struggling families to break the cycle of poverty!
20-25% of our clients create at least one job for others, providing crucial opportunities for their neighbors.

FINCA in Latin America

FINCA has been providing a hand up in Haiti since 1989.
44% of FINCA clients in Ecuador employ at least one other individual through their business (es)
On average, 24% of clients in El Salvador create another business after receiving a FINCA loan
FINCA has been serving struggling microentrepreneurs in Honduras for over 20 years, since 1989
On average, 47% of FINCA clients in Honduras employ one or more individuals through their business (es)
On average, 50% of FINCA clients in Mexico employ one or more individuals through their business (es)

FINCA in Africa

81% of FINCA village banking clients in Uganda have access to improved sanitation facilities, as compared to the national average of 33%
44% of FINCA clients in Uganda employ at least one other individual through their business (es)
99% of FINCA village banking clients in Zambia have access to improved water sources, as compared to the national average of 58%
84% of FINCA village banking clients in Zambia have access to improved sanitation facilities, as compared to the national average of 52%
On average, 23% of clients in Tanzania create another business after receiving a FINCA loan
97% of clients' children between the ages of 16 and 24 in Tanzania are able to read and write, compared to a national average of 78%
81% of FINCA clients in Tanzania have access to improved water sources, as compared to the national average

FINCA in the Eurasia Region

FINCA Kyrgyzstan is the largest microfinance organization in the country. The program, launched in 1995 with a grant of $6.2 million from USAID, surpassed the 100,000-client milestone in April 2009 and today serves over 106,000 clients
94% of FINCA clients in Tajikistan have access to improved water sources, as compared to the national average of 67%
On average, 41% of FINCA clients in Armenia employ one or more individuals through their business (es)
On average, 46% of FINCA clients in Russia employ one or more individuals through their business (es)
100% of FINCA clients in Kyrgyzstan have household health insurance
100% of clients' daughters between the ages of 6 and 15 in Georgia attend school
90% of FINCA clients in Kyrgyzstan report having enough food for their household

FINCA in Greater Middle East

FINCA has been serving struggling microentrepreneurs in Afghanistan since 2003, shortly after the fall of the Taliban regime
On average, 56% of FINCA clients in Jordan employ one or more individuals through their business (es)
98% of clients' daughters between the ages of 12 and 15 in Jordan attend school