FINCA International is a organizations supporting multiple international-focused nonprofit based in Washington, DC that was founded in 1984. As of 2019 they had $32 million in revenue and $165 million in assets.
To alleviate poverty through lasting solutions that help people build assets, create jobs and raise their standard of living.
Finca impact finance: nearly 2 billion people around the world are financially excluded, without critical access to credit, savings or other basic financial services. Traditional banks often do not serve the "micro" loan segment or even the small business segment in developing countries, because it is too costly for them or they don't know how to serve people working in the informal economy. Financial inclusion is one of Finca International's core interests as access to essential financial services can bridge the economic gap between the haves and have-nots. It can also create economic sustainability and self-reliance for the poor. We believe in economic opportunity and justice for all and are working hard to achieve that ideal.finca International is the founder and majority owner of Finca impact finance (fif), a network of 20 community-based micro-finance institutions and banks, which amplifies financial inclusion through innovative, responsible and impactful financial services to low-income ...
Finca plus: Finca recognizes that many low-income individuals suffer from a lack of access to reliable access to energy, health, sanitation, financing, and other services that could raise their standard of living. These individuals are also victims of a wide-scale market failure: the impoverished and isolated geographic areas where they live don't offer for-profit actors an incentive to build a much-needed infrastructure that can ensure delivery of high-quality, affordable, life-enhancing goods and services. Since they cannot access these goods and services, low-income individuals are forced to use alternatives that are expensive, dangerous to consumers, and detrimental to the environment. Finca seeks to address this market failure through Finca plus llc (d.b.a. In uganda as brightlife), a social enterprise that works to address, in socially and environmentally responsible ways, economic and energy needs of low-income individuals. Brightlife provides life-enhancing products such as solar home systems and improved cookstoves to low-income individuals ...
Finca kosovo: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. Specifically, Finca kosovo fulfills the Finca impact finance purpose of being 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 currently provides financial services in 26 cities, offering credit products to micro-entrepreneurs. It consists of more than 220 dedicated and experienced professionals in building a sustainable microfinance program and providing long-term solutions to the needs of its clients. Credit products portfolio includes the following loan modalities: 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 ...
Fiscal year ending | Date received by IRS | Form | PDF link |
---|---|---|---|
2018-12 | Jan 14, 2020 | 990 | View PDF |
2017-12 | Feb 21, 2019 | 990 | View PDF |
2016-12 | Mar 14, 2018 | 990 | View PDF |
2015-12 | Jan 23, 2017 | 990 | View PDF |
2014-12 | Feb 10, 2016 | 990 | View PDF |
...and five more Form 990 PDFs |
Field | 2018 |
---|---|
Total grants, contributions, etc. | $16,676,131 |
Program services | $11,893,224 |
Investment income and dividends | $3,724,145 |
Tax-exempt bond proceeds | $0 |
Royalty revenue | $0 |
Net rental income | $0 |
Net gain from sale of non-inventory assets | $0 |
Net income from fundraising events | $0 |
Net income from gaming activities | $0 |
Net income from sales of inventory | $46,022 |
Miscellaneous revenues | $87,417 |
Total revenues | $32,426,939 |
Vendor | Services | Amount paid | Date |
---|---|---|---|
Blackbaud | CRM software; Marketing software | 2020-03-17 | |
█████████ ████████ | Software | 2020-03-17 | |
█████████ | Content management system software | 2020-03-05 | |
████████ ███ ███ | Tax accounting; Audit accounting | 2019-02-14 | |
████ ████████████ ███ | Telemarketing | $31,369 | 2017-12-01 |
██████████ ██████ █████████ ███ | Fundraising Consultant; Advertising and Promotion | $442,607 | 2017-12-01 |
██████ ████████ ██████████████ | Telemarketing | $16,796 | 2017-12-01 |
██████ ██████ | Telemarketing | $16,158 | 2017-12-01 |
...and six more vendors |
Name | Title | Compensation | Most recent data |
---|---|---|---|
Rupert Scofield | President and Chief Executive Officer | $390,568 | May 20, 2020 |
Stefan Grundmann | President and Chief Executive Officer , Brightlife / President and CEO, Brightlife | - | July 17, 2019 |
█████ ███████ | Chief Financial Officer | - | Jan. 14, 2020 |
█████ █████████ | Vice President and Chief Financial Officer | $290,308 | Dec. 31, 2018 |
██████ █████████ | Global Chief Technology Officer , Isd | - | Jan. 19, 2018 |
███████ █████████ | Senior Vice President , Business Development and External Relations / Chief Development Officer | $187,116 | May 20, 2020 |
███████ █████ | Chief Audit and Risk Officer | $189,449 | Dec. 31, 2018 |
███ █████ | Vice President and Managing Director , Finca Ventures / Vice President , Social Enterprise Innovati | $173,557 | May 20, 2020 |
██████ ████ | Vice President and Regional Director for Eurasia | - | Jan. 19, 2018 |
████ █████████ | Vice President and Regional Director for Africa | - | Jan. 19, 2018 |
...and 21 more key personnel |