FINCA helps Filipinos living in poverty access basic services to improve the quality of life for themselves and their families.
Middle East & South Asia
FINCA Ventures portfolio company
Statistics
1Products & Services
Facts about Philippines
The Philippines is comprised of 7,000 islands. Much of the country is mountainous and prone to earthquakes and eruptions from around 20 active volcanoes. The US is a close ally and has provided military aid to help combat Muslim and communist insurgencies.
Two-thirds of adult Filipinos remain financially excluded and about one-fifth 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 Filipinos improve their lives by supporting access to basic services through FINCA Ventures.
Contact
FINCA Ventures
1201 15th St NW8th Floor
Washington, DC 20005
Telephone
+1 (202) 682-15102Poverty headcount ratio at national poverty lines (% of population)
3GDP per capita, PPP (current international $)
4Adult population lacking account at a formal financial institution
