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FINCA's History: 2001-today, Financial Institutions for the Poor
  • FINCA Kyrgyzstan transforms into the FINCA Microcredit Company, becoming the region’s first formal financial services institution for low-income entrepreneurs.

  • FINCA Ecuador and FINCA Uganda follow FINCA Kyrgyzstan’s lead, becoming formal financial institutions that serve the working poor.
    FINCA Uganda Client


  • FINCA’s unique business model means that its affiliates are wholly-owned subsidiaries who use both donations and investments to build equity. This equity allows them to access commercial capital, which they in turn lend to poor clients.

  • The United Nations proclaims 2005 the Year of Microcredit.

  • The Nobel Committee acknowledges that microcredit contributes to the cause of world peace by awarding the 2006  Nobel Peace Prize to Muhammad Yunus and Grameen Bank.

  • FINCA receives the highest rating from several independent evaluators, including  Worth Magazine, the  American Institute of Philanthropy, and  Charity Navigator, whose rating means that we “exceed industry standards” and outperform others who do the same work. In 2006, Charity Navigator granted FINCA our fifth consecutive "4-Star" rating, "indicating that FINCA International outperforms most charities in America in its efforts to operate in the most fiscally responsible way possible."

  • FINCA launches the  Village Banking Campaign, committing to reach one million of the world’s working poor with financial services by 2010.