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Microfinance CEO Working Group Update
The founding members of the Microfinance CEO Working Group, which includes the CEOs of pioneering microfinance organizations ACCION, FINCA, Freedom from Hunger, Grameen Foundation USA, Opportunity International, Pro Mujer, VisionFund International, and Women’s World Banking, have just released the “Road Map for the Microfinance Industry: Focusing on Responsible and Client-Centered Microfinance.”
This document outlines the Working Group members’ vision for the positive evolution of the microfinance field, and underscores their commitment to raising industry standards, starting with their own.
Read more here >>
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2011 – A Record-Setting Year for FINCA!
As 2011 draws to a close, we want to share with you the many accomplishments FINCA has achieved over the past 12 months, thanks in great part to the generousity of FINCA supporters. As of December 2011 we’re reaching more than 900,000 women and men worldwide— 100,000 more micro-entrepreneurs than we served a year ago!
Through hundreds of thousands of tiny loans, in 2011 alone, FINCA’s clients are putting half a billion dollars into building livelihoods and local economies in 21 countries on five continents. And there’s so much more to share.
Please click here to read about the tremendous year we’ve had >>
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How did FINCA become one of the world’s leading microfinance organizations?
Three-part video series provides all the answers
FINCA President and CEO Rupert Scofield shares the lessons he’s learned over the past 25 years with the UK’s Telegraph, talking about what it takes to turn a small idea into a thriving, poverty-alleviation organization.
In the first of a three-part series, he reveals the basics of building a charity: "The first big golden rule is to get your hands dirty...you have to have the poverty experience..."
Watch the interview here >>
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More FINCA News >>
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Our Clients
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Pascal Marie Carmel, FINCA Haiti Client
After becoming a FINCA client and joining the Fanm pa Chita (“Active Women”) Village Banking group in the city of Jacmel, Pascal Marie used her first loan of 8,000 gourdes (US$200) to expand the range of food items she sold to increase her profit margins.
Just as life was starting to improve for her, she lost her only son in the earthquake of January 12, 2010, which also destroyed her mother’s house. She was overcome with grief and did not think she could go on. With the support and sympathy of the other members of her Village Banking group, who visited her very often to console and encourage her, she was able to find the strength to start up her business again.
Details and more stories about FINCA Haiti clients >>
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Learn How FINCA Became a Global Microfinance Leader