FINCA Impact Finance’s (FIF) microfinance subsidiary in Malawi, announced that it has secured a $1.5 million USD loan facility with a four-year tenor from the Belgian Investment Company for Developing Countries (BIO).
FIF providing responsible digital financial services in the DRC
As part of its network-wide digital transformation, FINCA DRC rolled-out ‘CLICK’, a new financial product that empowers users to take control of their finances.
FINCA Impact Finance ‘reaching further’ to provide responsible finance in the DRC
Agency and mobile banking are effective channels for delivering critical services in markets beset by political and economic upheaval and provide effective means for bringing FINCA Impact Finance closer to where its customers work and live.
‘Agent Cash’ addresses agent liquidity to expand financial inclusion in Zambia
Mobile money agents (MMAs) form the backbone of inclusive finance, bringing financial services closer to the unbanked and offering people the ability to move between cash and electronic currency at will. However, agents don’t always have enough resources at their fingertips.
Taking a Touchtech Approach to Financial Inclusion
In a recent article published on Forbes.com, FINCA Impact Finance CEO Andrée Simon cautions that the ease of access to finance that fintech provides can also exacerbate indebtedness among borrowers in certain unbanked and under-banked communities.
FINCA Impact Finance CEO Andrée Simon featured in Forbes
In a recent online article published by Forbes, FINCA Impact Finance CEO Andrée Simon discusses financial inclusion and how the company seeks to balance the utility of fintech innovation with social impact.
Gender on the Agenda: Approaching diversity and inclusion with an eye towards the future
In 2018, FIF launched a diversity and inclusion (DI) strategy outlining 5 key pillars of focus for the company. These pillars emphasize an inclusive workplace, equal representation, equal opportunity, equal pay and increased outreach to women through specially-designed products and services.
Podcast: When Fintech and Social Impact Converge
FINCA Impact Finance President and CEO Andrée Simon speaks with Jason Pereira, an award-winning financial planner, university lecturer and writer on his latest podcast ‘Fintech Impact’.
Fintech innovation comes to rural Armenia
In May, FINCA Armenia updated its popular Online (OLA) platform, making it even easier for clients to apply for loans. The new features not only make it more convenient to apply for loans but make loan processing times more efficient.
FINTECH Innovation Starts with People
As a core part of its planning strategy, the Falcon program aims to identity and develop high-potential employees at FINCA Impact Finance.
Andrée Simon: How is fintech innovation transforming financial services today?
Writing in CEO World Magazine, Andrée Simon discusses the correlation between digital fintech innovation and increased financial inclusion