FINCA International explained
| FINCA International |
| Type: | Nonprofit organization |
| Area Served: | Africa
Asia
Eurasia
Latin America
Middle East |
| Key People: | John Hatch, founder, and Rupert Scofield, President and CEO |
| Industry: | Microfinance
Social enterprise
Research |
| Products: | Financial services
Impact investing
Energy
Research |
| Revenue: | $339,617,464 (December 31, 2017) |
| Num Employees: | Approximately 10,000 (November 9, 2016) |
| Foundation: | 1984 |
| Location: | Washington, DC, United States |
FINCA International is a non-profit, microfinance organization, founded by John Hatch in 1984. FINCA is the innovator of the village banking methodology in microcredit and is widely regarded as one of the pioneers of modern-day microfinance. With its headquarters in Washington, D.C., FINCA is considered to be one of the most influential microfinance organizations in the world.[1] The name FINCA is an acronym for Foundation for International Community Assistance.[2]
Countries where FINCA operates
- Latin America and the Caribbean: Ecuador (founded in 1994), Guatemala (founded in 1998), Haiti (founded in 1989), Honduras (founded in 1989), Nicaragua (founded in 1992)
- Newly independent states (Eurasia): Armenia (founded in 1999), Azerbaijan (founded in 1998), Georgia (founded in 1998), Kosovo (founded in 2000), Kyrgyzstan (founded in 1995), Tajikistan (founded in 2003)
- Africa: DR Congo (founded in 2003), Malawi (founded in 1994), Tanzania (founded in 1998), Uganda (founded in 1992), Zambia (founded in 2001), Nigeria (founded in 2014)
- Middle East and South Asia: Afghanistan (founded in 2003), Jordan (founded in 2007), Pakistan (founded in 2013)
See also
External links
Notes and References
- News: Lending a hand. https://web.archive.org/web/20070429062054/http://www.time.com/time/magazine/article/0,9171,1607256,00.html. dead. April 29, 2007. April 25, 2007 . April 5, 2007 . Kathleen . Kingsbury.
- Web site: History of FINCA and Microfinance . FINCA . December 22, 2021.
