FINCA helps Haitians living in poverty access financial services to improve the quality of life for themselves and their families.
$11.7M LOAN PORTFOLIO
$280 AVERAGE LOAN
1 FINCA VENTURES INVESTEES
1989 YEAR FOUNDED
“I am proud to be a FINCA client, and I love what FINCA has done for me and for other Haitian women. FINCA has helped me make a much better life for my family, and give my children a chance for a better future. Thank you FINCA!”
Individual Loans, Village Banking Loans, Rural Agriculture, Remittances and Money Transfers, Energy
In 2010, the worst earthquake in 200 years hit Haiti. A country that was already in despair was devastated by the natural disaster. Today, Haiti remains the poorest country in the Western Hemisphere—nearly 60 percent of the population lives below the poverty line.
Daily life for a Haitian is extremely challenging. Haiti’s rates of infant and maternal mortality are the highest in the Western hemisphere, despite the fact that many of these deaths are preventable. Education levels are low in the country, with about two-thirds of the population being literate. Haiti also has a high unemployment rate.
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. Since 1989, FINCA has been helping thousands of Haitians improve their lives. FINCA offers financial services, such as loans and mobile banking throughout the country, and supports access to basic services through FINCA Ventures.
58.5% LIVING BELOW POVERTY LEVEL 2
$1,819 ANNUAL PER CAPITA INCOME 3
67% FINANCIALLY EXCLUDED 4
26, Rue Métellus
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