FINCA Results

Measuring Our Impact

Social Performance Management

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Financial Inclusion

FINCA works to catalyze financial inclusion and economic growth for the poor. In the countries where we operate, nearly three-quarters of adults lack access to even a basic account. Financial exclusion is worse in the Middle East and South Asia (MESA) region, followed by Africa and Latin America. For those fortunate to have at least some access, the services are often limited and expensive, especially for low-income customers.

FINCA is committed to closing these gaps, especially among those who face the steepest barriers: women, the poor, and people in rural areas. Our female outreach is strongest in Latin America, followed by Africa. Eurasia stands out for its outreach to rural customers, who make up nearly two-thirds of FINCA.

Financial Inclusion Data

Global
Global Africa Eurasia Latin America MESA
Africa
All Africa DRC Malawi Nigeria Tanzania Uganda Zambia
Eurasia
All Eurasia Armenia Azerbaijan Kosovo Kyrgyzstan Tajikistan
Latin America
All Latin America Ecuador Guatemala Haiti Honduras
MESA
All MESA Afghanistan Jordan Pakistan
85% Adult population financially excluded
28,776 Total FINCA clients
28,776 Total FINCA borrowers
16,266 57% Female borrowers FINCA’s outreach to women in Afghanistan is remarkable, especially considering the limits on women's activities outside of the home. % #
288 1% Borrowers in rural areas Insecurity hinders FINCA's expansion outside of the main cities and towns. % #
70% Adult population financially excluded
1,230,827 Total FINCA clients In Africa, savers outnumber borrowers by more than 4 to 1. FINCA subsidiaries in this region use non-traditional channels, such as mobile banking and rural agents, to mobilize small deposits in remote areas.
223,843 Total FINCA borrowers
82,184 37% Female borrowers The majority of female borrowers are the primary income-earners in their families. % #
21,580 48% Borrowers in rural areas Rural outreach is particularly striking in Tanzania and Uganda, where it reaches 75%. % #
55% Adult population financially excluded
27,064 Total FINCA clients
27,064 Total FINCA borrowers
9,585 35% Female borrowers % #
11,908 44% Borrowers in rural areas Poverty is high throughout Armenia, but it is particularly acute in the more rural areas. % #
71% Adult population financially excluded
19,468 Total FINCA clients
19,468 Total FINCA borrowers
3,967 20% Female borrowers % #
12,070 62% Borrowers in rural areas % #
85% Adult population financially excluded The rate of financial exclusion is higher than the regional average (70%).
366,637 Total FINCA clients FINCA DRC has more than 8 times as many savers as borrowers.
64,000 Total FINCA borrowers
27,588 43% Female borrowers % #
12,800 20% Borrowers in rural areas Efforts are underway to reach more rural areas, but they are hindered by instability and violence in the countryside. % #
49% Adult population financially excluded
52,134 Total FINCA clients
12,434 Total FINCA borrowers
7,045 57% Female borrowers Like its peers in the region, FINCA Ecuador maintains a high level of outreach to women. % #
6,341 51% Borrowers in rural areas Along with Guatemala, FINCA Ecuador has a comparatively high rate of rural outreach. % #
61% Adult population financially excluded
293,860 Total FINCA clients Georgia and Kyrgyzstan provide full banking services and their client base includes small savers as well as borrowers.
168,875 Total FINCA borrowers
68,196 40% Female borrowers Kyrgyzstan has the highest female outreach in the region. % #
110,346 65% Borrowers in rural areas About two-thirds of our borrowers in Eurasia live in rural areas. % #
72% Adult population financially excluded
3,032,703 Total FINCA clients An increasing share of FINCA's customers are micro-savers. Financial inclusion means giving people a full range of services to build their future.
742,104 Total FINCA borrowers The outreach of our subsidiaries ranges from tens of thousands in places like Honduras and Jordan, to over 100,000 in Pakistan, Kyrgyzstan and DR-Congo.
283,772 38% Female borrowers Outreach to women is highest in Latin America and Africa. The results in Afghanistan are also striking, where over half of our borrowers are female. % #
103,792 41% Borrowers in rural areas Excludes Nigeria, Jordan and Haiti. Rural outreach is especially high in Eurasia, led by Kyrgyzstan. % #
56% Adult population financially excluded
22,185 Total FINCA clients
22,185 Total FINCA borrowers
14,166 64% Female borrowers Second-highest in the world, right after FINCA Haiti. % #
11,758 53% Borrowers in rural areas Highest outside of Eurasia. % #
72% Adult population financially excluded
59,407 Total FINCA clients
59,407 Total FINCA borrowers
53,183 90% Female borrowers % #
23,763 40% Borrowers in rural areas % #
57% Adult population financially excluded
74,057 Total FINCA clients Honduras has more non-borrowing customers than any other subsidiary in the region.
19,680 Total FINCA borrowers
10,785 55% Female borrowers % #
6,298 32% Borrowers in rural areas % #
58% Adult population financially excluded
29,405 Total FINCA clients
29,405 Total FINCA borrowers
26,074 89% Female borrowers % #
11,762 40% Borrowers in rural areas % #
48% Adult population financially excluded
22,770 Total FINCA clients
22,770 Total FINCA borrowers
5,327 23% Female borrowers % #
6,603 29% Borrowers in rural areas % #
62% Adult population financially excluded
192,404 Total FINCA clients
73,724 Total FINCA borrowers
39,318 53% Female borrowers Female outreach in Kyrgyzstan is significantly higher than the region overall (40%). % #
61,928 84% Borrowers in rural areas Poverty in Kyrgyzstan is concentrated in rural areas, where 84% of FINCA’s clients reside. % #
57% Adult population financially excluded
207,783 Total FINCA clients
113,706 Total FINCA borrowers
85,179 75% Female borrowers % #
43,817 42% Borrowers in rural areas Rural outreach is especially high in Ecuador and Guatemala. % #
77% Adult population financially excluded
171,978 Total FINCA clients
100,591 Total FINCA borrowers
39,144 39% Female borrowers % #
56,331 56% Borrowers in rural areas % #
81% Adult population financially excluded
1,300,233 Total FINCA clients
235,680 Total FINCA borrowers
48,213 20% Female borrowers Women in the MESA region face significant cultural barriers to economic participation and financial inclusion. % #
36,227 17% Borrowers in rural areas % #
61% Adult population financially excluded More than half of the adult population in Nigeria is financially excluded.
7,076 Total FINCA clients
3,773 Total FINCA borrowers
1,369 36% Female borrowers % #
82% Adult population financially excluded
1,270,828 Total FINCA clients FINCA Pakistan has more savers than any other subsidiary, and the highest ratio of savers to borrowers.
206,275 Total FINCA borrowers
22,139 11% Female borrowers % #
28,879 14% Borrowers in rural areas FINCA is in the midst of expanding its rural outreach, particularly through agricultural and livestock loans. % #
53% Adult population financially excluded
32,154 Total FINCA clients
25,849 Total FINCA borrowers
9,999 39% Female borrowers % #
17,836 69% Borrowers in rural areas Poverty is especially widespread in rural areas. % #
79% Adult population financially excluded
549,691 Total FINCA clients
30,004 Total FINCA borrowers
3,264 11% Female borrowers % #
22,503 75% Borrowers in rural areas % #
67% Adult population financially excluded
114,265 Total FINCA clients
19,762 Total FINCA borrowers
7,669 39% Female borrowers % #
14,822 75% Borrowers in rural areas % #
64% Adult population financially excluded The level of financial inclusion in Zambia is higher than in Africa overall, but is still low, at 31%.
21,180 Total FINCA clients
5,713 Total FINCA borrowers
3,150 55% Female borrowers % #
0 0% Borrowers in rural areas FINCA aims to increase its rural outreach through mobile and agency banking. % #

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© 2022 FINCA International

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