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.
News & Insights
FINCA’s 2017 International Women’s Day Event
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.
Announcement on FINCA’s Operations in Mexico
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.
EFL and FINCA Partner to Provide Innovative Credit Scoring in Latin America
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.
A Message from FMH’s Co-CEOs Rupert Scofield and Andree Simon
On June 28th, FINCA Microfinance Holding Company transferred operations and ownership of FINCA El Salvador to Optima Financial Services.
FINCA and First Access Announce World’s Largest Microfinance Fintech Collaboration
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 Receives Smart Certification for Client Protection
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.
Andrée Simon Promoted to Co-CEO of FINCA’s Global Microfinance Network Alongside Microfinance Pioneer Rupert Scofield
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 Surpasses $1M in Loans to Microenterprise and Small Business Owners in Nigeria, Within 6 Months of Opening for Business
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 Helps FINCA Expand Lending to Micro Entrepreneurs and Small Business in Rural Azerbaijan
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 Certified by the Smart Campaign
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.