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FINCA's History: 1985-1990, Lending to Women in Latin America |
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In 1985, John Hatch creates FINCA, the Foundation for International Community Assistance.
- Opening a Village Banking program in El Salvador, FINCA focuses for the first time on providing credit to low-income women involved in commerce and petty trade. The benefits to the children of these women—better nutrition, health, and education—are immediately apparent.
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Encouraged by that success, FINCA establishes new Village Banking programs in Mexico, Honduras, Guatemala, and Haiti.
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