Eurasia

71% Adult population financially excluded

950 25% Female borrowers % #

3,747 Total FINCA clients

2,323 62% Borrowers in rural areas % #

3,747 Total FINCA borrowers

39% Adult population financially excluded

16,632 46% Female borrowers % #

112,528 Total FINCA clients

22,282 62% Borrowers in rural areas Rural people struggle with a lack of infrastructure and are facing increasing isolation as youth migrate to the cities in search of employment. % #

35,939 Total FINCA borrowers

48% Adult population financially excluded

4,171 21% Female borrowers % #

20,241 Total FINCA clients

5,870 29% Borrowers in rural areas % #

20,241 Total FINCA borrowers

62% Adult population financially excluded

44,625 55% Female borrowers Female outreach in Kyrgyzstan is significantly higher than the region overall (40%). % #

120,593 Total FINCA clients

68,400 84% Borrowers in rural areas Poverty in Kyrgyzstan is concentrated in rural areas, where 84% of FINCA’s clients reside. % #

81,429 Total FINCA borrowers

53% Adult population financially excluded

8,744 35% Female borrowers % #

30,873 Total FINCA clients

17,043 69% Borrowers in rural areas Poverty is especially widespread in rural areas. % #

24,700 Total FINCA borrowers

View All Financial Inclusion Data

Nearly 6 out of 10 adults lack access to a bank account in Eurasia, Financial exclusion is worse for women, the poor, and people in rural areas. More than any other region, FINCA Eurasia has established a presence in rural communities, offering services that are tailored to the needs of farmers. About two-thirds of our borrowers are from rural areas, where FINCA's credits for agriculture and livestock help them to purchase inputs and hire the workers they need for expansion.

Living Standards

Eurasia:
Quality of Life

Eurasia Armenia Azerbaijan Georgia Kosovo Kyrgyzstan Tajikistan

27,369 14% Client homes without water % #

1,308 1% Client homes without electricity % #

108,916 54% Client homes without access to Internet % #

7,157 4% Clients who don’t own their home % #

8,667 4% Head of household with primary education or less % #

5,711 16% Client homes without water % #

0 0% Client homes without electricity % #

10,351 29% Client homes without access to Internet Internet access in Armenia has been improving over the past few years, and is actually higher in Armenia than in the region overall. % #

1,071 3% Clients who don’t own their home % #

0 0% Head of household with primary education or less % #

1,049 28% Client homes without water % #

0 0% Client homes without electricity % #

2,173 58% Client homes without access to Internet % #

37 1% Clients who don’t own their home % #

111 3% Head of household with primary education or less % #

6,469 18% Client homes without water Rural people struggle to obtain safe drinking water, relying mainly on local wells or springs. % #

0 0% Client homes without electricity % #

14,376 40% Client homes without access to Internet % #

1,078 3% Clients who don’t own their home Many Georgians need to improve or expand their dwellings, especially those that are accommodating multiple generations under one roof, which is common in rural areas. % #

994 3% Head of household with primary education or less % #

2,631 13% Client homes without water Water quality is a common problem for rural households, which often rely on domestic wells with inadequate sanitation systems. % #

4,048 20% Client homes without access to Internet % #

405 2% Clients who don’t own their home % #

5,525 27% Head of household with primary education or less This is 10x the regional average. Lower levels of education are especially common among women. % #

1,629 2% Client homes without water Although the population’s access to safe drinking water improved significantly during last decade, there are huge disparities among regions in the country. % #

814 1% Client homes without electricity % #

59,443 73% Client homes without access to Internet This is about 20 percentage points higher than in the overall region (55%). % #

4,071 5% Clients who don’t own their home % #

753 1% Head of household with primary education or less % #

9,880 40% Client homes without water Outside of Africa, only Afghanistan has a higher share of customers without this basic service. % #

494 2% Client homes without electricity % #

18,525 75% Client homes without access to Internet This is 20 percentage points higher the regional average. Internet penetration is constrained by a limited reach of the telcom sector, the high cost of access, and widespread poverty. % #

494 2% Clients who don’t own their home % #

1,284 5% Head of household with primary education or less % #

View All Living Standards Data

FINCA's clients in Eurasia generally enjoy better living standards than the other regions where we work. Electricity is more widely available and most adults have more than a primary education. There are, however, instances of acute hardship in certain countries, such as the lack of clean water in Azerbaijan and Tajikistan. Meanwhile, about a fourth of our clients' households in Kosovo are headed by someone with less than a secondary education. This problem not only poses daily challenges; it also undermines the family's ability to improve their quality of life over time.

Income & Employment

Eurasia:
Income & Employment

Eurasia Armenia Azerbaijan Georgia Kosovo Kyrgyzstan Tajikistan

$2,972 46% Average annual profit profit as a % of average sales % #

2.2 Average # of employees per client enterprise

352,611 People employed in FINCA-funded enterprises

111,403 32% Employees hired due to FINCA loan % #

288,868 82% Wages paid above the poverty line % #

$2,910 55% Average annual profit % #

1.7 Average # of employees per client enterprise

61,872 People employed in FINCA-funded enterprises

11,615 19% Employees hired due to FINCA loan % #

49,498 80% Wages paid above the poverty line % #

$10,348 42% Average annual profit % #

1.8 Average # of employees per client enterprise

6,793 People employed in FINCA-funded enterprises

4,492 66% Employees hired due to FINCA loan % #

6,134 90% Wages paid above the poverty line % #

$3,412 50% Average annual profit 50% of the total sales. % #

1.7 Average # of employees per client enterprise

60,362 People employed in FINCA-funded enterprises

27,388 45% Employees hired due to FINCA loan % #

47,661 79% Wages paid above the poverty line % #

No data has been collected yet for this indicator in Kosovo.

The support of FINCA donors is vital to our efforts to understand our clients and better serve them. Please Donate to support this important work.

$2,466 40% Average annual profit % #

2.7 Average # of employees per client enterprise

223,584 People employed in FINCA-funded enterprises

67,909 30% Employees hired due to FINCA loan % #

185,575 83% Wages paid above the poverty line % #

No data has been collected yet for this indicator in Tajikistan.

The support of FINCA donors is vital to our efforts to understand our clients and better serve them. Please Donate to support this important work.

Explore FINCA Loan Sectors

The enterprises financed by FINCA employ just over 2 people each, including the owner. Our clients attribute about a third of total employment in their businesses directly to the help of FINCA's loans. Even better, their firms and their farms are earning a healthy profit -- 46 percent on average. This means that our clients are able to pay a living wage to their workers. Eighty-two percent of employees in these businesses are being paid wages above the national poverty line, showing that the impact of financial services can be felt in many more families than those of our clients alone.

View All Income & Employment Data

Women’s Empowerment

Eurasia:
Empowering Women

Eurasia Armenia Azerbaijan Georgia Kosovo Kyrgyzstan Tajikistan

87,687 43% Female borrowers Kyrgyzstan has the highest female outreach in the region. % #

27,219 13% Clients with female-headed household % #

65,572 33% Households with female as main earner % #

61,833 39% Businesses run by women % #

207,219 46% Women employed by enterprises Avg. #

145,209 39% Jobs created by women % #

12,565 35% Female borrowers % #

4,952 14% Clients with female-headed household % #

8,584 24% Households with female as main earner % #

9,637 27% Businesses run by women % #

27,484 44% Women employed by enterprises Avg. #

11,756 19% Jobs created by women % #

950 25% Female borrowers % #

361 10% Clients with female-headed household % #

623 17% Households with female as main earner % #

1,177 31% Businesses run by women % #

2,173 32% Women employed by enterprises Avg. #

2,167 32% Jobs created by women % #

16,632 46% Female borrowers % #

4,161 12% Clients with female-headed household % #

14,147 39% Households with female as main earner % #

14,376 40% Businesses run by women % #

34,501 57% Women employed by enterprises Avg. #

21,730 36% Jobs created by women Research shows that female-owned businesses in Georgia tend to employ proportionally more women. % #

4,171 21% Female borrowers % #

1,385 7% Clients with female-headed household % #

2,540 13% Households with female as main earner % #

44,625 55% Female borrowers Female outreach in Kyrgyzstan is significantly higher than the region overall (40%). % #

10,420 13% Clients with female-headed household % #

32,748 40% Households with female as main earner % #

36,643 45% Businesses run by women % #

96,901 43% Women employed by enterprises Avg. #

109,556 49% Jobs created by women % #

8,744 35% Female borrowers % #

5,940 24% Clients with female-headed household % #

6,930 28% Households with female as main earner % #

View All Women’s Empowerment Data

Many of our female clients in Eurasia are the main breadwinner in their household. Besides providing for their families, they are creating jobs for others in their community, FINCA's impact on the economic participation of women is especially evident in Kyrgyzstan, where about 50 percent of the total employment is created by women. Owning a business and hiring workers enhances women's status in their communities and shows that they are not just the beneficiaries of grassroots economic growth -- they are its drivers as well.

Clients’ Goals

Goals Set By FINCA Borrowers

Goals Met By FINCA Borrowers

Eurasia Armenia Azerbaijan Georgia Kosovo Kyrgyzstan Tajikistan

7,323 5% Start a business % #

59,899 38% Expand a business % #

1,964 1% Invest in education % #

39,448 25% Improve their home The second most important goal is to improve their homes. % #

14,089 9% Buy an asset % #

9,858 6% Pay down debts % #

1,535 4% Start a business % #

11,065 31% Expand a business % #

750 2% Invest in education % #

8,138 23% Improve their home % #

3,998 11% Buy an asset % #

4,676 13% Pay down debts % #

75 2% Start a business % #

1,971 53% Expand a business % #

41 1% Invest in education % #

1,012 27% Improve their home % #

307 8% Buy an asset % #

176 5% Pay down debts % #

3,270 9% Start a business % #

13,477 38% Expand a business This is the most commonly-cited goal. % #

359 1% Invest in education % #

4,241 12% Improve their home The second highest priority for FINCA borrowers in Georgia is to improve their homes (12%). % #

827 2% Buy an asset % #

934 3% Pay down debts % #

No data has been collected yet for this indicator in Kosovo.

The support of FINCA donors is vital to our efforts to understand our clients and better serve them. Please Donate to support this important work.

2,443 3% Start a business % #

33,386 41% Expand a business % #

814 1% Invest in education % #

26,057 32% Improve their home % #

8,957 11% Buy an asset % #

4,071 5% Pay down debts % #

No data has been collected yet for this indicator in Tajikistan.

The support of FINCA donors is vital to our efforts to understand our clients and better serve them. Please Donate to support this important work.

Eurasia Armenia Azerbaijan Georgia Kosovo Kyrgyzstan Tajikistan

5,093 67% Start a business % #

45,828 75% Expand a business % #

993 58% Invest in education % #

25,550 64% Improve their home % #

9,211 67% Buy an asset % #

5,408 60% Pay down debts % #

5,093 67% Start a business % #

45,828 75% Expand a business % #

993 58% Invest in education % #

25,550 64% Improve their home % #

9,211 67% Buy an asset % #

5,408 60% Pay down debts % #

5,093 67% Start a business % #

45,828 75% Expand a business % #

993 58% Invest in education % #

25,550 64% Improve their home % #

9,211 67% Buy an asset % #

5,408 60% Pay down debts % #

5,093 67% Start a business % #

45,828 75% Expand a business % #

993 58% Invest in education % #

25,550 64% Improve their home % #

9,211 67% Buy an asset % #

5,408 60% Pay down debts % #

No data has been collected yet for this indicator in Kosovo.

The support of FINCA donors is vital to our efforts to understand our clients and better serve them. Please Donate to support this important work.

5,093 67% Start a business % #

45,828 75% Expand a business % #

993 58% Invest in education % #

25,550 64% Improve their home % #

9,211 67% Buy an asset % #

5,408 60% Pay down debts % #

No data has been collected yet for this indicator in Tajikistan.

The support of FINCA donors is vital to our efforts to understand our clients and better serve them. Please Donate to support this important work.

View All Clients’ Goals Data

In the rural communities we serve, a profitable farm or agricultural business is the means for many families to achieve their goals. Most clients are busy expanding their existing activities or launching a new one. Since the vast majority are home-owners, it is not surprising that the Eurasia region has the highest percentage of borrowers whose main priority is home improvement. Basic services are usually lacking in rural areas, so the quality of one's home is a major factor in the comfort and safety of their families. It also serves as an important means to store and grow their wealth over time.

Special Topics

FINCA Loan Sectors

Eurasia Armenia Azerbaijan Georgia Kosovo Kyrgyzstan Tajikistan

37,761 19% Trade % #

46,319 23% Services % #

11,592 6% Manufacturing % #

19,487 10% Crops % #

87,639 43% Livestock % #

4,283 12% Trade % #

8,567 24% Services % #

1,785 5% Manufacturing % #

3,926 11% Crops % #

17,133 48% Livestock % #

802 21% Trade % #

1,278 34% Services % #

277 7% Manufacturing % #

667 18% Crops % #

723 19% Livestock % #

7,978 22% Trade % #

9,057 25% Services % #

5,319 15% Manufacturing % #

7,296 20% Crops % #

6,289 18% Livestock % #

No data has been collected yet for this indicator in Kosovo.

The support of FINCA donors is vital to our efforts to understand our clients and better serve them. Please Donate to support this important work.

16,286 20% Trade % #

17,100 21% Services % #

1,629 2% Manufacturing % #

3,257 4% Crops % #

43,972 54% Livestock % #

No data has been collected yet for this indicator in Tajikistan.

The support of FINCA donors is vital to our efforts to understand our clients and better serve them. Please Donate to support this important work.

Profit and Profit/Sales Ratio by Sector

Eurasia Armenia Azerbaijan Georgia Kosovo Kyrgyzstan Tajikistan

$5,349 31% Trade Profit/sales ratio Avg. profit

3,650 50% Services Profit/sales ratio Avg. profit

$6,633 41% Manufacturing Profit/sales ratio Avg. profit

$1,868 59% Crops Profit/sales ratio Avg. profit

$1,457 50% Livestock Profit/sales ratio Avg. profit

$5,349 31% Trade Profit/sales ratio Avg. profit

3,650 50% Services Profit/sales ratio Avg. profit

$6,633 41% Manufacturing Profit/sales ratio Avg. profit

$1,868 59% Crops Profit/sales ratio Avg. profit

$1,457 50% Livestock Profit/sales ratio Avg. profit

$5,349 31% Trade Profit/sales ratio Avg. profit

3,650 50% Services Profit/sales ratio Avg. profit

$6,633 41% Manufacturing Profit/sales ratio Avg. profit

$1,868 59% Crops Profit/sales ratio Avg. profit

$1,457 50% Livestock Profit/sales ratio Avg. profit

$5,349 31% Trade Profit/sales ratio Avg. profit

3,650 50% Services Profit/sales ratio Avg. profit

$6,633 41% Manufacturing Profit/sales ratio Avg. profit

$1,868 59% Crops Profit/sales ratio Avg. profit

$1,457 50% Livestock Profit/sales ratio Avg. profit

No data has been collected yet for this indicator in Kosovo.

The support of FINCA donors is vital to our efforts to understand our clients and better serve them. Please Donate to support this important work.

$5,349 31% Trade Profit/sales ratio Avg. profit

3,650 50% Services Profit/sales ratio Avg. profit

$6,633 41% Manufacturing Profit/sales ratio Avg. profit

$1,868 59% Crops Profit/sales ratio Avg. profit

$1,457 50% Livestock Profit/sales ratio Avg. profit

No data has been collected yet for this indicator in Tajikistan.

The support of FINCA donors is vital to our efforts to understand our clients and better serve them. Please Donate to support this important work.

Jobs by Sector Due to FINCA Loan

Eurasia Armenia Azerbaijan Georgia Kosovo Kyrgyzstan Tajikistan

21,436 19% Trade % #

22157 20% Services % #

9,266 8% Manufacturing % #

13,522 12% Crops % #

45,022 40% Livestock % #

21,436 19% Trade % #

22157 20% Services % #

9,266 8% Manufacturing % #

13,522 12% Crops % #

45,022 40% Livestock % #

21,436 19% Trade % #

22157 20% Services % #

9,266 8% Manufacturing % #

13,522 12% Crops % #

45,022 40% Livestock % #

21,436 19% Trade % #

22157 20% Services % #

9,266 8% Manufacturing % #

13,522 12% Crops % #

45,022 40% Livestock % #

No data has been collected yet for this indicator in Kosovo.

The support of FINCA donors is vital to our efforts to understand our clients and better serve them. Please Donate to support this important work.

21,436 19% Trade % #

22157 20% Services % #

9,266 8% Manufacturing % #

13,522 12% Crops % #

45,022 40% Livestock % #

No data has been collected yet for this indicator in Tajikistan.

The support of FINCA donors is vital to our efforts to understand our clients and better serve them. Please Donate to support this important work.