FINCA International, Inc.
Cause Area
- Computers & Technology
- Employment
- Homeless & Housing
- Hunger
- International
Location
1101 14 St. NWWashington, DC 20005 United StatesOrganization Information
Mission Statement
FINCA provides financial services to the world's lowest income entrepreneurs so they can create their own jobs, raise household incomes, and improve their standard of living.
Description
FINCA is an anti-poverty organization. Our work is aimed at creating employment, raising family incomes, and reducing poverty worldwide. A provider of financial services to low-income families. We offer small loans and a savings program 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. A leader. FINCA invented the Village Banking methodology of credit delivery, now used by more than 80 other organizations worldwide. We operate on five continents in more diverse cultures than any other microcredit provider. 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 strive to operate using sound business principles and an entrepreneurial spirit.