IFC and The MasterCard Foundation announced a cooperation agreement with FINCA DR Congo valued at $1 million to expand access to credit and digital financial services for low-income people and small-scale entrepreneurs.
Is FinTech the key to closing the gender gap? Panel discussion moderated by Andrée Simon, CEO of FINCA Microfinance Holding Company, followed by networking session.
On November 10, 2016, FINCA Microfinance Holding Company transferred operations and ownership of FINCA Mexico to Te Creemos, a leading majority Mexican-owned deposit taking microfinance institution.
In August 2016, FINCA, a leading global microfinance and social enterprise network, and Entrepreneurial Finance Lab (EFL), an alternative credit scoring company, partnered to improve individual lending and expand access to financial services in Latin America.
On June 28th, FINCA Microfinance Holding Company transferred operations and ownership of FINCA El Salvador to Optima Financial Services.
FINCA and First Access, whose technology predicts the credit risk of borrowers in informal markets, announced a new collaboration that will create the largest and most sophisticated alternative credit-scoring approach by a microfinance institution in the world.
FINCA Bank Georgia announced it has received Client Protection Certification by the Smart Campaign, a global initiative that certifies the adoption of high ethical standards in the treatment of clients in the microfinance industry.
FINCA is pleased to announce the promotion of Andrée Simon to Co-CEO of FINCA Microfinance Holding Company. Ms. Simon will lead strategy, operations, and the implementation of a host of digital and mobile enhancements that represent the next generation of essential financial services for people in developing economies.
FINCA’s newest subsidiary, FINCA Microfinance Bank Ltd. in Nigeria, surpassed USD 1 million in small loans to microenterprise and small business owners within its first six months of operation.
PROPARCO became FINCA’s newest financial partner, providing a local currency credit line valued at EUR 11.5 million to FINCA Azerbaijan for on-lending to small business owners so they can increase income and create jobs.
FINCA Kyrgyzstan is pleased to announce its Client Protection Certification by the Smart Campaign, a global initiative promoting the adoption of high ethical standards in the treatment of clients in the micro financing industry.