FINCA International

Finca impact finance:nearly 1.7 billion adults around the world remain financially excluded without access to useful and affordable financial products and services delivered in a responsible and sustainable way. The predominant group among the financially excluded is comprised by unemployed or low-income individuals given the high costs associated with traditional banking. For Finca International, the advancement of financial inclusion is of pivotal importance considering that access to basic financial services can bridge the economic gap between the haves and have-nots. Furthermore, it can foster economic sustainability and self-reliance among the underprivileged population. Finca International firmly believes in economic opportunity and justice for all and therefore is committed to pursue the advancement of financial inclusion. Finca International is the founder and majority owner of Finca impact finance (fif), a network of 15 community-based micro-finance institutions and banks that amplifies financial inclusion through innovative, responsible, and impactful financial services to underprivileged clients. Services provided by fif include: village banking and small group loans targeted to low-income micro-entrepreneurs; individual loans to support the growth of small businesses growth and job creation; loans with exclusive repayment conditions for clients in agrobusinesses who are in need of purchasing seeds, fertilizer, livestock and equipment; savings accounts to promote relief against difficult times; credit, disability and funeral insurance to lessen financial stress associated with major or unexpected expenses; money transfers carried out in a safe and affordable way; and, energy loans to purchase or lease clean electricity systems or products.for 2022, fif reported over $ 1,013,600,000 in loans disbursed, with an average of 3,462,775 individuals saving on a regular basis. Total savings added $343,793,000 with voluntary deposits reaching $329,567,000. Women clients represented 39% of clients throughout all the fif network. For that same year, fif's affiliates around the world reported the following numbers of clients (or beneficiaries) of financial products and services: drc: 328,946malawi: 172,121nigeria: 10,282tanzania: 651,331uganda: 137,219zambia: 23,004armenia: 21,240azerbaijan: 25,517kyrgyzstan: 245,976tajikistan: 44,812guatemala: 20,821haiti: 38,419honduras: 78,262jordan: 28,258pakistan: 1,414,927

Finca ventures: Finca ventures invests in early-stage companies that offer affordable, high-quality and life-enhancing products and services. At present, Finca ventures has investments in health, fintech, agriculture, livelihoods, energy, education, water and sanitation. Finca ventures portfolio companies directly contribute to 14 of the 17 sdgs. Complementing our effort to align impact goals to the sdgs, Finca ventures assesses portfolio companies across three dimensions of impact which are scale, depth and the target poverty level of end-customers. Scale and depth of impact have inherent tradeoffs. Keeping these tradeoffs in mind, Finca ventures supports portfolio companies across this spectrum as it seeks to maximize product and service to increase social impact. Finca ventures supported 23 portfolio companies that delivered life-enhancing products and services in 32 countries globally in 2022.ignitia: 2,421,152 smallholder farmers received access to local weather forecasts in west africa.east africa fruits: 6,977 smallholder farmers connected to 7,440 small, informal vendors in tanzania, allowing for both groups to improve their incomes.good nature agro: 31,130 smallholder farmers (44 percent of whom are female) reached in zambia and malawi.meridia: 206,498 hectares mapped and 18,238 smallholder farmers provided with land documentation since inception in ghana, cote d'ivoire and indonesia.yytz: 1,239 smallholder farmers (65 percent of whom are female) received higher cashew prices in tanzania.imalipay: 71,695 gig economy workers provided with access to savings and loan products in kenya and nigeria.kuunda: 92.9m disbursements, totaling $580.8m, to over 4m registered mobile money agents and consumers since january 2020 in tanzania.kwara: 120 sacco / credit union clients fully digitized serving 125,664 end users in kenya.mdaas global: 122,773 patients (60 percent of whom are female) gained affordable diagnostic services in nigeria.sisu global: increased geographic scope by selling the hemafuse device through distribution partners in kenya, tanzania, ghana, pakistan and donated to ukraine hospitals to be used in surgeries to recycle a patient's own blood.sanivation: 996 metric tons of fecal sludge converted to fuel substitutes, saving 19,872 trees in kenya.jibu: 117.9m liters of clean water provided to customers and 1,070 jobs supported through 160 franchises in east africa and ghana.amped innovation: 27,049 families benefited from 2,966 mwh of clean energy in east and west africa.eneza education: 1,117,898 active learners provided with access to digital curriculums in kenya.penda: 302,896 patient visits at one of 19 affordable primary care clinics in kenya.naturelock: 108,732 packets of stewsday product sold, driving food waste reduction for 500 smallholder farmers in kenya.floatpays: 14,295 employees provided with early wage access in south africa.ricult: 356,000 smallholder farmers in pakistan, thailand and vietnam actively use the ricult farmer app to access satellite imagery, weather and soil maps to make better decisions on their farms and access input financing.cinch: 174 smallholder farmers (41 percent of whom are female) leased land to cinch to earn a more stable income and increase the productivity of their land and 475 casual workers supported field operations.chanzi: 10 mt of food waste a day processed using black soldier flies to produce nutritious protein for animal feed used by farmers and feed processors in tanzania and kenya.kentaste: 3,604 smallholder farmers (26 percent of whom are female) received consistent access to market for their coconuts.cassvita: 500 smallholder cassava farmers (100 percent of whom are female) saw an average increase in income of 400% and a post-harvest loss reduction from 40% to 5% after selling to cassvita in cameroon.bamba: 4m individuals were insured in mexico through bamba's embedded insurance platform.

Finca plus:for over 30 years, Finca has demonstrated that access to responsible finance is an important tool for strengthening the economic security of poor and low-income families. At the same time, Finca has realized that it is essential that access to finance can be used on non-financial goods, such as clean energy products, which are critical for improving a family's health, well-being and increasing productivity. Finca plus llc (d.b.a. In uganda as brightlife) is a social enterprise created by Finca which pairs access to finance with access to energy to unlock productivity and well-being for the poor. Brightlife provides life-enhancing products such as solar home systems and improved cookstoves to the bop market at affordable rates. As importantly, and aligned with Finca's micro-lending activities, brightlife finances these affordable products utilizing paygo technology, so that individuals can access these life-enhancing products that they might not otherwise be able to afford.in 2022, brightlife employed 58 full-time employees in uganda and had a commission-based sales distribution network of approximately 250 agents. Brightlife sold 8,400 products over the year which improved the lives of approximately 56,100 ugandans.

Finca kosovo branch:finca kosovo adheres to Finca International's mission of alleviating poverty through lasting solutions that help people build assets, create jobs and raise their standard of living. Finca kosovo, managed under Finca impact network, is an unconventional community-based bank that profitably and responsibly provides innovative and impactful financial services that enable low-income individuals and communities to invest in their futures.finca kosovo provides financial services to clients through 30 branches through these service outlets, and its 265 employees, Finca kosovo offers the following credit products to micro-entrepreneurs: women entrepreneur loan, agricultural loan, business loan, home improvement loan, life improvement loan, fast loan, and vehicle registration loan.since 2016, Finca kosovo is certified by the smart campaign for 'customer protection'. This official acknowledgment was made after an in-depth assessment of all Finca kosovo's processes and policies and highlighted Finca's serious commitment to high ethical standards in handling its clients. Furthermore, in 2020, Finca kosovo, announced its recertification for the second time by microfinanza rating (mfr) with client protection certification. This award is an attestation to Finca kosovo's commitment to continue upholding industry-leading client protection standards in providing responsible finance and is committed to high ethical standards in the treatment of its clients.by december 2022, Finca kosovo's clientele increased to 22,930 individuals, 2,217 more clients than the same month in the previous year. 26.2% of these clients were women. The total loan amount disbursed was over $56 million in 19,532 total loans disbursed.

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