4.28.2008

FINCA- In Depth

What FINCA Does-

Founded in 1985 FINCA (Foundation for International Community Assistance) was based on a radical idea, credit not charity is the best way to help the poor. FINCA focuses on helping women start and/or expand tiny businesses. When these women become financially independent they are able to better take care of themselves and their family, as well as give back to their communities. A major problem that the poor face is an inability to obtain loans from commercial banks because they have no collateral. As microloans help boost the economy entrepreneurs are able to pay back the initial loans, and now fully established become capable to withdraw loans from national banks, furthering the economies of poorer countries.

How You Can Help-

There are 2 easy ways that you can help the FINCA mission.

1. Make a personal contribution. To do this visit their website at the link provided below. 2. Spread the word. FINCA will provide you with cards that can be sent out to friends and family to help encourage them to make a contribution to this organization. Use the contact information listed below to request their informational cards.

Our Commitment-FINCA supports the economic self-sufficiency of the world's poor, particularly women, through the development of Village Banking Groups. Small loans, not hand-outs, are provided to generate income, savings, and to promote financial independence.
Your Commitment-Your support is not a hand-out, but a hand-up, that directly impacts the lives of impoverished families today. Every dollar and every moment counts!
Their Commitment-Hard work, integrity, and responsibility.


Contact FINCA-
Website- http://www.villagebanking.org/
Fax- 202-682-1535
Telephone- 202-682-1510
Mailing Address- 1101 14th St.
Washington, D.C. 20005

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