FINCA has learned the deep, meaningful power of the ripple effect: one change to one person’s life has the potential to lift entire families and communities to places they, and generations before them, have never known.
FINCA exists to create that first ripple — not only for individuals but also for families, small businesses and communities as a whole.
With access to capital, FINCA clients can create livelihoods for themselves and others in their community. On average, FINCA clients create two jobs each, many with living wages.
They purchase local goods. They provide new goods or services that benefit their community. All of these activities transform communities – from the ground up.
FINCA’s impact does not end with improvement in the individual lives of its nearly 2 million clients. Each loan and each social good product is just the beginning. Enabling the economic participation of women or those living in remote villages changes the future. Life-changing products give mothers and fathers more time to focus on their businesses or their children. Lifting the income of a family means that children can stay in school. FINCA customers now point proudly to these children, who have not only changed the future of their families, but have changed the future of their communities too.
We believe this is one of the best approaches to global development that exists. It creates a cycle of self-sufficiency rather than dependence. This model empowers people and communities to make their own dreams of their future a reality.