FINCA Results

Measuring Our Impact

Social Performance Management

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Ecuador

The poverty rate has fallen dramatically in Ecuador, from 64 percent to 23 percent in recent years. This reduction was achieved as a result of the long oil boom and public policies which directed the benefits of economic growth towards the poorest, including employment and cash-transfer programs. More recently, that progress has been halted by the drop in oil prices and natural disasters. Meanwhile, the poverty rate is almost twice as high in rural areas compared to the cities and towns.

Founded in 1993 as a non-profit organization, FINCA Ecuador today is a fully-licensed bank, offering credit and savings services through its branches across the country. Many of its clientele are from indigenous communities in the Andes mountains, while others are located in the coastal areas.

Explore Ecuador Data ↓

Financial Inclusion

Ecuador:
Reaching the Financially Excluded

49% Adult population financially excluded
7,045 57% Female borrowers Like its peers in the region, FINCA Ecuador maintains a high level of outreach to women. % #
52,134 Total FINCA clients
6,341 51% Borrowers in rural areas Along with Guatemala, FINCA Ecuador has a comparatively high rate of rural outreach. % #
12,434 Total FINCA borrowers

Financial exclusion is somewhat less extreme in Ecuador than in most of the other countries where FINCA works. Still, about half of adults lack a basic bank account, and financing options are extremely limited, especially in more remote communities. Among FINCA's Latin American subsidiaries, Ecuador stands out for its rural outreach. FINCA Ecuador also maintains a strong focus on reaching women, who make up 60 percent of its borrowers.

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Living Standards

Ecuador:
Quality of Life

995 8% Client homes without water % #
0 0% Client homes without electricity % #
2,487 20% Client homes without access to Internet % #
1,492 12% Clients who don’t own their home % #
4,675 38% Head of household with primary education or less % #

The living standards of FINCA borrowers in Ecuador are comparatively high, reflecting the significant reductions in poverty that have been achieved over the last decade or so. The majority of borrowers have access to water and electricity. The education of family breadwinners is also better in Ecuador, though it should be noted that over a third of households have a primary earner with less than a secondary education. Twelve percent of borrowers don't own the home they inhabit, which is similar to other countries in the region, such as Honduras and Guatemala.

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Income & Employment

Ecuador:
Income & Employment

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

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.

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Explore FINCA Loan Sectors
View All Income & Employment Data

Women’s Empowerment

Ecuador:
Empowering Women

7,045 57% Female borrowers Like its peers in the region, FINCA Ecuador maintains a high level of outreach to women. % #
905 7% Clients with female-headed household % #
5,792 47% Households with female as main earner % #

FINCA's female clients make important contributions to their household economy. Over half of them are their family's principal source of earnings. Like Guatemala, however, the majority of women hail from two-parent households, reflecting a stronger tendency towards traditional families and a lower incidence of labor migration.

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Clients’ Goals

Ecuador:
Attaining Business and Personal Goals

Goals Set By FINCA Borrowers
Goals Met By FINCA Borrowers

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

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.

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

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.

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View All Clients’ Goals Data

Special Topics

Ecuador:
Poverty, Economic Sectors, Jobs and Profits

FINCA Loan Sectors

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

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.

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Profit and Profit/Sales Ratio by Sector

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

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.

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Jobs by Sector Due to FINCA Loan

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

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.

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