At the recent Young Africa Works Summit, organized by The MasterCard Foundation, FINCA’s Alejandro Jakubowicz discussed the need to invest in alternate delivery channels to help the unemployed in rural areas gain access to financial services, to build businesses and create jobs.
Read more: http://bit.ly/1jbax8K
Julia is our 2015 Client of the Year, and this #GivingTuesday, we'd ask you take a moment to support more people like her by making a donation to FINCA.
Make a gift: http://bit.ly/1OW7DTS
Watch the video here: http://bit.ly/1P1sjtj
1201 15th Street, NW 8th Floor Washington, DC 20005
We offer small loans and other products to those turned down by traditional banks, believing that even the poor have a right to financial services. With these loans, families can invest in, and build, their own small businesses and their income-earning capacity. Worldwide, our clients post repayment rates over 97 percent.
FINCA pioneered the “Village Banking method” of credit delivery, now used by hundreds of organizations worldwide. Our programs reach the poor in more diverse countries than any other microcredit provider. We operate Village Banking programs in 21 countries around the world, serving more than 800,000 people – 70% women.
FINCA is not a typical charity. We offer loans, not gifts, and we promote financial independence, both among our clients and in our programs. Although we are a nonprofit, we operate using sound business principles and an entrepreneurial spirit.
Our work enables poor families to create their own solutions to poverty. Our Village Banking methodology promotes community and individual development, helping lift entire communities out of poverty.