Eurasia

71% Adult population financially excluded

2,888 20% Female borrowers % #

14,312 Total FINCA clients

8,873 62% Borrowers in rural areas % #

14,312 Total FINCA borrowers

39% Adult population financially excluded

15,299 45% Female borrowers % #

65,841 Total FINCA clients

20,864 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. % #

33,651 Total FINCA borrowers

48% Adult population financially excluded

4,946 22% Female borrowers % #

22,491 Total FINCA clients

6,522 29% Borrowers in rural areas % #

22,491 Total FINCA borrowers

62% Adult population financially excluded

44,783 54% Female borrowers Female outreach in Kyrgyzstan is significantly higher than the region overall (40%). % #

147,263 Total FINCA clients

69,093 84% Borrowers in rural areas Poverty in Kyrgyzstan is concentrated in rural areas, where 84% of FINCA’s clients reside. % #

82,253 Total FINCA borrowers

53% Adult population financially excluded

8,826 37% Female borrowers % #

29,800 Total FINCA clients

16,338 69% Borrowers in rural areas Poverty is especially widespread in rural areas. % #

23,678 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

30,269 14% Client homes without water % #

1,296 1% Client homes without electricity % #

115,235 54% Client homes without access to Internet % #

7,344 3% Clients who don’t own their home % #

9,485 4% Head of household with primary education or less % #

6,164 16% Client homes without water % #

0 0% Client homes without electricity % #

11,172 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. % #

1,156 3% Clients who don’t own their home % #

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

4,007 28% Client homes without water % #

0 0% Client homes without electricity % #

8,301 58% Client homes without access to Internet % #

143 1% Clients who don’t own their home % #

423 3% Head of household with primary education or less % #

6,057 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 % #

13,460 40% Client homes without access to Internet % #

1,010 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. % #

931 3% Head of household with primary education or less % #

2,924 13% Client homes without water Water quality is a common problem for rural households, which often rely on domestic wells with inadequate sanitation systems. % #

4,498 20% Client homes without access to Internet % #

450 2% Clients who don’t own their home % #

6,139 27% Head of household with primary education or less This is 10x the regional average. Lower levels of education are especially common among women. % #

1,645 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. % #

823 1% Client homes without electricity % #

60,045 73% Client homes without access to Internet This is about 20 percentage points higher than in the overall region (55%). % #

4,113 5% Clients who don’t own their home % #

760 1% Head of household with primary education or less % #

9,471 40% Client homes without water Outside of Africa, only Afghanistan has a higher share of customers without this basic service. % #

474 2% Client homes without electricity % #

17,759 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. % #

474 2% Clients who don’t own their home % #

1,231 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

$3,425 45% Average annual profit profit as a % of average sales % #

2.2 Average # of employees per client enterprise

375,090 People employed in FINCA-funded enterprises

123,933 33% Employees hired due to FINCA loan % #

308,932 82% Wages paid above the poverty line % #

$2,910 55% Average annual profit % #

1.7 Average # of employees per client enterprise

66,779 People employed in FINCA-funded enterprises

12,536 19% Employees hired due to FINCA loan % #

53,423 80% Wages paid above the poverty line % #

$10,348 42% Average annual profit % #

1.8 Average # of employees per client enterprise

25,945 People employed in FINCA-funded enterprises

17,157 66% Employees hired due to FINCA loan % #

23,429 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

56,519 People employed in FINCA-funded enterprises

25,644 45% Employees hired due to FINCA loan % #

44,627 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

225,847 People employed in FINCA-funded enterprises

68,596 30% Employees hired due to FINCA loan % #

187,453 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

90,281 42% Female borrowers Kyrgyzstan has the highest female outreach in the region. % #

28,378 13% Clients with female-headed household % #

67,436 31% Households with female as main earner % #

65,370 38.7% Businesses run by women % #

214,159 45% Women employed by enterprises Avg. #

151,976 38% Jobs created by women % #

13,539 35% Female borrowers % #

5,345 14% Clients with female-headed household % #

9,265 24% Households with female as main earner % #

10,402 27.0% Businesses run by women % #

29,664 44% Women employed by enterprises Avg. #

12,688 19% Jobs created by women % #

2,888 20% Female borrowers % #

1,378 10% Clients with female-headed household % #

2,381 17% Households with female as main earner % #

4,494 31.4% Businesses run by women % #

8,301 32% Women employed by enterprises Avg. #

8,277 32% Jobs created by women % #

15,299 45% Female borrowers % #

3,896 12% Clients with female-headed household % #

13,246 39% Households with female as main earner % #

13,460 40.0% Businesses run by women % #

32,305 57% Women employed by enterprises Avg. #

20,347 36% Jobs created by women Research shows that female-owned businesses in Georgia tend to employ proportionally more women. % #

4,946 22% Female borrowers % #

1,539 7% Clients with female-headed household % #

2,822 13% Households with female as main earner % #

44,783 54% Female borrowers Female outreach in Kyrgyzstan is significantly higher than the region overall (40%). % #

10,525 13% Clients with female-headed household % #

33,079 40% Households with female as main earner % #

37,014 45.0% Businesses run by women % #

97,881 43% Women employed by enterprises Avg. #

110,665 49% Jobs created by women % #

8,826 37% Female borrowers % #

5,695 24% Clients with female-headed household % #

6,644 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

7,473 4% Start a business % #

65,814 39% Expand a business % #

2,125 1% Invest in education % #

42,940 25% Improve their home The second most important goal is to improve their homes. % #

15,310 9% Buy an asset % #

10,707 6% Pay down debts % #

1,657 4% Start a business % #

11,943 31% Expand a business % #

809 2% Invest in education % #

8,784 23% Improve their home % #

4,315 11% Buy an asset % #

5,047 13% Pay down debts % #

286 2% Start a business % #

7,528 53% Expand a business % #

157 1% Invest in education % #

3,864 27% Improve their home % #

1,174 8% Buy an asset % #

673 5% Pay down debts % #

3,062 9% Start a business % #

12,619 38% Expand a business This is the most commonly-cited goal. % #

337 1% Invest in education % #

3,971 12% Improve their home The second highest priority for FINCA borrowers in Georgia is to improve their homes (12%). % #

774 2% Buy an asset % #

875 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.

2,468 3% Start a business % #

33,724 41% Expand a business % #

823 1% Invest in education % #

26,321 32% Improve their home % #

9,048 11% Buy an asset % #

4,113 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

5,198 68% Start a business % #

50,793 75% Expand a business % #

1,095 59% Invest in education % #

27,516 63% Improve their home % #

10,178 69% Buy an asset % #

5,976 62% Pay down debts % #

762 46% Start a business % #

5,286 44% Expand a business % #

169 21% Invest in education % #

2,146 24% Improve their home % #

1,315 30% Buy an asset % #

2,221 44% Pay down debts % #

268 94% Start a business % #

6,872 91% Expand a business % #

138 88% Invest in education % #

2,473 64% Improve their home % #

1,135 97% Buy an asset % #

568 84% Pay down debts % #

2,441 80% Start a business % #

11,319 90% Expand a business % #

262 78% Invest in education % #

3,157 80% Improve their home % #

580 75% Buy an asset % #

597 68% 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.

1,727 70% Start a business % #

27,316 81% Expand a business % #

526 64% Invest in education % #

19,741 75% Improve their home % #

7,148 79% Buy an asset % #

2,591 63% 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

40,255 19% Trade % #

50,791 24% Services % #

12,240 6% Manufacturing % #

21,532 10% Crops % #

91,139 42% Livestock % #

4,623 12% Trade % #

9,246 24% Services % #

1,926 5% Manufacturing % #

4,238 11% Crops % #

18,492 48% Livestock % #

3,063 21% Trade % #

4,880 34% Services % #

1,059 7% Manufacturing % #

2,548 18% Crops % #

2,762 19% Livestock % #

7,471 22% Trade % #

8,480 25% Services % #

4,980 15% Manufacturing % #

6,831 20% Crops % #

5,889 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.

16,451 20% Trade % #

17,273 21% Services % #

1,645 2% Manufacturing % #

3,290 4% Crops % #

44,417 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

$6,063 31% Trade Profit/sales ratio Avg. profit

4,193 49% Services Profit/sales ratio Avg. profit

$6,826 41% Manufacturing Profit/sales ratio Avg. profit

$2,077 60% Crops Profit/sales ratio Avg. profit

$1,655 50% Livestock Profit/sales ratio Avg. profit

$4,974 40% Trade Profit/sales ratio Avg. profit

3,109 50% Services Profit/sales ratio Avg. profit

$4,601 47% Manufacturing Profit/sales ratio Avg. profit

$3,109 63% Crops Profit/sales ratio Avg. profit

$2,073 60% Livestock Profit/sales ratio Avg. profit

$16,653 27% Trade Profit/sales ratio Avg. profit

12,637 31% Services Profit/sales ratio Avg. profit

$9,568 51% Manufacturing Profit/sales ratio Avg. profit

$5,002 66% Crops Profit/sales ratio Avg. profit

$4,545 54% Livestock Profit/sales ratio Avg. profit

$4,448 33% Trade Profit/sales ratio Avg. profit

4,261 47% Services Profit/sales ratio Avg. profit

$4,131 51% Manufacturing Profit/sales ratio Avg. profit

$2,166 59% Crops Profit/sales ratio Avg. profit

$1,713 67% 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.

$5,391 27% Trade Profit/sales ratio Avg. profit

3,204 53% Services Profit/sales ratio Avg. profit

$8,493 33% Manufacturing Profit/sales ratio Avg. profit

$1,048 57% Crops Profit/sales ratio Avg. profit

$932 37% 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

23,650 19% Trade % #

26,458 21% Services % #

10,070 8% Manufacturing % #

16,242 13% Crops % #

47,514 38% Livestock % #

1,017 8% Trade % #

2,959 24% Services % #

1,040 8% Manufacturing % #

678 5% Crops % #

6,842 55% Livestock % #

3,227 19% Trade % #

5,768 34% Services % #

1,425 8% Manufacturing % #

4,236 25% Crops % #

2,501 15% Livestock % #

5,593 22% Trade % #

4,514 18% Services % #

5,137 20% Manufacturing % #

7,319 29% Crops % #

3,081 12% 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.

13,814 20% Trade % #

13,217 19% Services % #

2,468 4% Manufacturing % #

4,008 6% Crops % #

35,089 51% 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.