FINCA helps Dominicans living in poverty access basic services to improve the quality of life for themselves and their families.
1 FINCA VENTURES INVESTEES
Energy INDUSTRY SUPPORTED
For a long time, the reliance on kerosene lanterns gave Jane Namusisi constant worry. Now, a high-quality and affordable solar home system fills her home with clean, reliable lighting. “With kerosene lamps, I worried that the children would get burned in the house or there would be damage to my property.”
Dominica Republic shares the island of Hispaniola with Haiti. The Caribbean nation is a major tourist destination. This, coupled with free-trade zones, has become the country’s major employer and key sources of revenue, replacing dependence on sugar, coffee and other exports.
Nearly half of adult Dominicans remain financially excluded and about one-third of the population lives in poverty. In addition, access to basic services, like energy, water and sanitation, education, health care and agriculture, is often inadequate.
When poor people have access to financial services and life-enhancing products, they can earn more, build their assets, create jobs and cushion themselves against external shocks. FINCA is helping Dominicans improve their lives by supporting access to basic services through FINCA Ventures.
30.5% LIVING BELOW POVERTY LEVEL 2
$17,799 ANNUAL PER CAPITA INCOME 3
45.2% FINANCIALLY EXCLUDED 4
1201 15th St NW
Washington, DC 20005
+1 (202) 682-1510
1Information is updated on an annual basis
2Poverty headcount ratio at national poverty lines (% of population)
3GDP per capita, PPP (current international $)
4Adult population lacking account at a formal financial institution