{"id":53618,"date":"2024-06-14T12:15:47","date_gmt":"2024-06-14T16:15:47","guid":{"rendered":"https:\/\/finca.org\/?p=53618"},"modified":"2024-06-16T12:16:51","modified_gmt":"2024-06-16T16:16:51","slug":"a-40-year-commitment-fincas-holistic-approach-to-ending-poverty","status":"publish","type":"post","link":"https:\/\/finca.org\/en-ca\/a-40-year-commitment-fincas-holistic-approach-to-ending-poverty","title":{"rendered":"A 40-Year Commitment: FINCA&#8217;s Holistic Approach to Ending Poverty"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">For four decades, FINCA has remained dedicated to ending global poverty. FINCA employs a holistic approach to address the multifaceted nature of poverty effectively. By expanding our offerings to meet clients&#8217; unique needs and challenges, we strive to help each individual reach their full potential.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Across our network, FINCA is constantly dreaming up innovative initiatives and programs to target our clients\u2019 pain points best. And without exception,\u00a0FINCA Uganda\u00a0is leading the charge within the FINCA network in being the center of microfinance innovation.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" width=\"720\" height=\"480\" data-src=\"https:\/\/finca.org\/wp-content\/uploads\/Image-3-1.jpg\" src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/yH5BAEAAAAALAAAAAABAAEAAAIBRAA7\" alt=\"FINCA Global CEO Andr\u00e9e Simon and FINCA Uganda CEO James Onyutta sit on a speaking panel in Uganda.\" class=\"wp-image-53404 lazyload img-fluid\"\/><noscript><img decoding=\"async\" width=\"720\" height=\"480\" src=\"https:\/\/finca.org\/wp-content\/uploads\/Image-3-1.jpg\" alt=\"FINCA Global CEO Andr\u00e9e Simon and FINCA Uganda CEO James Onyutta sit on a speaking panel in Uganda.\" class=\"wp-image-53404 img-fluid\" srcset=\"https:\/\/finca.org\/wp-content\/uploads\/Image-3-1.jpg 720w, https:\/\/finca.org\/wp-content\/uploads\/Image-3-1-300x200.jpg 300w\" sizes=\"(max-width: 720px) 100vw, 720px\" \/><\/noscript><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">Advancing Our Holistic Approach in Uganda<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Over the years, FINCA Uganda has committed to improving the lives of those in poverty by providing services to individuals at the bottom of the economic pyramid. In Uganda alone, FINCA has supported over 530,000 individuals and their families, building a customer base of 150,000 clients\u201445.5% of whom are women. FINCA Uganda is intensifying efforts to further extend our reach through new initiatives to empower marginalized communities, including women, refugees, and people in rural areas.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">During a recent press conference in Kampala, FINCA Global CEO Andr\u00e9e Simon and FINCA Uganda CEO James Onyutta emphasized the importance of complementing access to finance with additional support such as financial education, technical assistance, and employment diversification. As Andr\u00e9e Simon noted:<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p class=\"wp-block-paragraph\">&#8220;<em>While microfinance is critical to creating opportunity for small entrepreneurs, its impact can be further magnified when combined with other types of support. That is why we are diversifying our offerings and partnering with other institutions that can provide additional services that provide holistic support to our customers.<\/em>&#8220;<\/p>\n<\/blockquote>\n\n\n\n<p class=\"wp-block-paragraph\">FINCA Uganda has unveiled two blooming partnerships with local microfinance institutions, including PHB and Opportunity Bank, to further build momentum behind our efforts in uplifting small entrepreneurs into successful futures. Through this new project, FINCA Uganda not only aims to support Ugandan nationals but also to bring refugees out of poverty through a holistic approach involving financial education, employment training, and the creation of\u00a0<a href=\"https:\/\/www.unicef.org\/uganda\/what-we-do\/early-childhood-development\">Early Childhood Development centers<\/a>.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" width=\"720\" height=\"480\" data-src=\"https:\/\/finca.org\/wp-content\/uploads\/Image-2.jpg\" src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/yH5BAEAAAAALAAAAAABAAEAAAIBRAA7\" alt=\"FINCA Global CEO Andr\u00e9e Simon speaking about our holistic approach to microfinance innovation in Uganda.\" class=\"wp-image-53398 lazyload img-fluid\"\/><noscript><img decoding=\"async\" width=\"720\" height=\"480\" src=\"https:\/\/finca.org\/wp-content\/uploads\/Image-2.jpg\" alt=\"FINCA Global CEO Andr\u00e9e Simon speaking about our holistic approach to microfinance innovation in Uganda.\" class=\"wp-image-53398 img-fluid\" srcset=\"https:\/\/finca.org\/wp-content\/uploads\/Image-2.jpg 720w, https:\/\/finca.org\/wp-content\/uploads\/Image-2-300x200.jpg 300w\" sizes=\"(max-width: 720px) 100vw, 720px\" \/><\/noscript><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">Expanding Beyond Uganda\u2019s Borders<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">While microfinance remains at the core of our mission, FINCA Uganda\u2019s holistic approach opens up a new realm of opportunity and future growth for FINCA\u2019s global network and the communities we serve. As Andr\u00e9e Simon stated:<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p class=\"wp-block-paragraph\">&#8220;<em>Uganda provides FINCA with the opportunity to develop new products and services that can then be deployed around the world. We want Uganda to be the centerpiece of defining the future of microfinance and challenging the old way of operating.<\/em>&#8220;<\/p>\n<\/blockquote>\n\n\n\n<p class=\"wp-block-paragraph\">As the nature of poverty evolves, FINCA continuously adapts to innovative, sustainable solutions. By integrating our holistic approach in Uganda and beyond, we aim to redefine microfinance and fulfill our mission of ending global poverty. This <strong> <\/strong>holistic approach to ending poverty ensures we address the complex factors of poverty comprehensively, making a lasting impact on the communities we serve.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Learn how FINCA incorporates a holistic approach to ending poverty through innovation in microfinance. Read more.<\/p>\n","protected":false},"author":374,"featured_media":53619,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"footnotes":""},"categories":[151],"tags":[95,96],"class_list":["post-53618","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog-en-ca","tag-financial-inclusion-en-ca","tag-microfinance-en-ca"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>A 40-Year Commitment: FINCA&#039;s Holistic Approach to Ending Poverty | FINCA<\/title>\n<meta name=\"description\" content=\"Learn how FINCA incorporates a holistic approach to ending poverty through innovation in microfinance. 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