2025-11-16T12:40:57+00:00 2024-12-31 135381590 BDO USA 8401 GREENSBORO DR STE 800 MCLEAN VA 221023599 990 2024-01-01 133240109 FINCA INTERNATIONAL INC FINC 2026821510 1301 K St NW Suite 300W WASHINGTON DC 20005 KUO-WEI WANG CHIEF FINANCIAL OFFICER 2016821510 2025-11-16 true TODD TERESCO P00247720 7038930600 2025-11-16 2024 2025-03-06 01:10:19Z X KUO-WEI WANG 1301 K St NW Suite 300W WASHINGTON DC 20005 44097919 false X WWW.FINCA.ORG X 1984 NY FINCA ends poverty through sustainable and scalable solutions inspired by the insights and needs of people in the communities where they live and work. 12 10 44 12 0 20874304 21622315 16414746 19119211 421622 484202 1010673 1240552 38721345 42466280 0 0 0 0 9888851 12062403 18178 0 4475928 18413832 26639117 28320861 38701520 10400484 3764760 232868784 252090284 76335169 94184220 156533615 157906064 X FINCA ends poverty through sustainable and scalable solutions inspired by the insights and needs of people in the communities where they live and work. false false 14251524 19471323 FINCA Kosovo - FINCA Kosovo has been operating for over 25 years and adheres to FINCA International's mission of ending poverty through sustainable and scalable solutions inspired by the insights and needs of people in the communities where they live and work. FINCA Kosovo, managed under FINCA Impact Network (FIF), is 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. In 2024, FINCA Kosovo provided financial services through 32 branches and served about 34,569 clients. The products and services offered included agriculture and business loans, women start-up loans, loans for home improvement, car purchase and registration financial facilities. Small business owners and farmers comprised the majority of its customers. The gross portfolio was $104 million US Dollars, with $98 million disbursed though 26,463 loans. The average loan size was of $3,690 US Dollars, and female borrowers represented 33.1% of the total clientele. FINCA Kosovo is also committed to serving the community through Social Responsibility activities underscoring their belief that environmental consciousness, ethical business practices, philanthropy, and economic empowerment are interconnected components that collectively contribute to a sustainable and socially responsible business model. Specifically, activities carried out through this subsidiary in 2024 included: training targeted to clients' groups across the country through its Learning and Development Center, participating in the traditional Honey Fair, forging the collaboration with the Autism Association, hosting internship programs, hosting the spring career fair, and becoming a member of the CSR Kosovo community. FINCA Kosovo is certified by the SMART Campaign for 'Customer Protection MicroFinanza Rating (MFR) with Client Protection Certification. Both of these recognitions reflect FINCA Kosovo's commitment to continue upholding industry-leading client protection standards in providing responsible finance and high ethical standards in the treatment of its clients. 2487951 0 361 by FINCA - Overview: 361 by FINCA is a digital B2B technology platform re-inventing microfinance. By leveraging event-based architecture and smart contract technology, 361 by FINCA enables financial service providers to digitize their operations and deliver configurable, low-cost credit products. This increases the relevance and reach of financial service providers, ultimately unlocking opportunity for the millions of micro-entrepreneurs who are currently held back by lack of access to affordable productive credit. 361 empowers providers to introduce new products (renewal loans, micro-insurance) and features (repayment holidays, cashback incentives) more quickly, while reducing operating costs. This makes credit simpler and more affordable - especially for women and smallholder farmers - empowering them to grow their businesses, build financial health, and create sustainable livelihoods for their families and communities. 2024 Milestones: In 2024, 361 by FINCA reached several key milestones. Ikigai Digital was selected as the platform build partner after a competitive review of nine system integrators, and 361 by FINCA leadership recruitment progressed to near completion, including the search for a Chief Technology Officer. Loan product pilots were initiated and monitored in Malawi, Uganda, and Zambia to eventually be coded as smart contracts onto the 361 Platform. Further, pre-build planning activities were completed, including defining agile workflows, MVP definitions, and build squad planning. Fundraising efforts also advanced to secure resources for both proof of concept and future scale, with active engagement of global donors and development finance institutions. Plan for 2025: Looking ahead, 361 will build and launch its platform MVP in partnership with Ikigai Digital, and potential partner Thought Machine Vault. The Platform will first launch in FINCA Malawi, with expansion planned to additional FINCA subsidiaries in Sub-Saharan Africa and to third-party partners. The MVP will digitize loan origination and renewal for individual and group customers, while establishing the differentiated architecture needed for faster product and feature innovation. In addition to building core platform capabilities and systems integrations, the team will be focused on operating model and regulatory engagement to ensure sustainable adoption. 2176774 -757176 FINCA Impact Finance - Microfinance is a source of personal empowerment and an essential tool for economic mobility. For almost four decades, FINCA International (FINCA) has set the standard for what is possible in empowering low-income people to take control of their financial futures. As the founder and majority owner of FINCA Impact Finance (FIF), a network of 13 sustainable leading microfinance institutions and banks in Asia, Europe, Africa, and Latin America, FINCA provides access to responsible financial solutions that help low-income families create jobs, build assets, educate their children and improve their standard of living. Considering that as of 2027, nearly 1.7 billion adults around the world could remain financially excluded without access to useful and affordable financial products and services delivered in a responsible and sustainable way, FINCA remains committed to the advancement of financial inclusion in some of the most challenging markets in the world, in remote areas that many commercial providers can't or won't reach. Today, FIF offers a variety of products and services for individuals and groups. Worldwide, millions of entrepreneurs rely on FIF's commitment to consumer protection and an unmatched customer experience to help them build a better future for themselves, their families, and their communities. Through the Network, FINCA has reached 1.9 million customers, a $630 million USD loan portfolio, and $274 million USD deposits. According to FINCA's clients, FIF's products have helped improve their financial situation, increased their earnings, and grow their non-cash assets. During 2024, $1.1 billion US Dollars were disbursed across FIF's Network through 14.5 million loans. The total gross portfolio increased to $698.5 million US Dollars. Out of all the borrowers in that same year, 40.6% were women, confirming that this group continues to be at the heart of FINCA. Furthermore, the Network reported 3.5 million clients comprised by voluntary savers, group loans borrowers, and individual borrowers. A breakdown of number of clients per subsidiary follows below: Africa DRC: 331,260 Malawi: 163,710 Nigeria: 7,250 Tanzania: 825,583 Uganda: 150,007 Zambia: 22,674 Eurasia Armenia: 21,612 Azerbaijan: 32,957 Kyrgyzstan: 261,963 Tajikistan: 63,805 Latina America & The Caribbean Guatemala: 16,179 Haiti: 304 Middle East & South Asia Jordan: 18,991 Pakistan: 1,569,829 9815247 0 301765 ALL OTHER PROGRAM EXPENSES 1582352 0 0 FINCA PLUS PROGRAM EXPENSE 1217092 103299 FINCA Ventures - FINCA Ventures invests in early-stage companies that provide transformative products/services that support women, smallholder farmers, families on the margins, and microbusinesses in low-income communities across Sub-Saharan Africa. At present, FINCA Ventures has investments in health, fintech, agriculture, livelihoods, energy, education, water and sanitation. FINCA Ventures supported 26 portfolio companies that delivered life-enhancing products and services in 39 countries globally in 2024. IGNITIA: 3,128,851 users received access to local weather forecasts in West Africa, Kenya and Brazil. EAST AFRICA FRUITS: 25,090 smallholder farmers connected to 8,910 small, informal vendors in Tanzania, allowing for both groups to improve their incomes. GOOD NATURE AGRO: 21,999 smallholder farmers (45 percent of whom are female) reached in Zambia and Malawi. MERIDIA: 20,176 hectares mapped for 18,381 smallholder farmers across Ghana, Cote D'Ivoire and Indonesia. YYTZ: 911 smallholder farmers (65 percent of whom are female) received higher cashew prices in Tanzania. KUUNDA: 173M loans, totaling $965M, to over 5.5M registered mobile money agents and consumers in Tanzania, Uganda, and Malawi. KWARA: 149 SACCO / Credit Union clients fully digitized serving 161,703 end users in Kenya. MDAAS GLOBAL: 144,186 patients (60 percent of whom are female) gained affordable diagnostic services in Nigeria. SISU GLOBAL: Increased geographic scope by selling the Hemafuse device through distribution partners in Kenya, Uganda, Tanzania, Liberia, Ghana, and Ukraine hospitals to be used in surgeries to recycle a patient's own blood. SANIVATION: 527 metric tons of fecal sludge converted to fuel substitutes, saving 9,473 trees in Kenya. JIBU: 171M liters of clean water provided to customers and 1,620 jobs supported through 231 franchises in East Africa and Ghana. AMPED INNOVATION: 27,743 families benefited from 3,298 mWh of clean energy in Sub-Saharan Africa. PENDA: 159,883 patient visits at one of 16 affordable primary care clinics in Kenya. FLOATPAYS: 38,679 employees provided with early wage access in South Africa. RICULT: 1.3M smallholder farmers in Pakistan, Thailand and Vietnam use the Ricult farmer app to access satellite imagery, weather and soil maps to make better decisions on their farms and access input financing. CINCH: 236 smallholder farmers leased land to Cinch to earn a more stable income and increase the productivity of their land and an average of 902 casual workers supported field operations on a monthly basis. CHANZI: 7,847 MT of food waste processed using black soldier flies to produce nutritious protein for animal feed used by farmers and feed processors in Tanzania and Kenya, supporting 130 full-time employees across sites. KENTASTE: 5,812 smallholder farmers (29 percent of whom are female) received consistent access to market for their coconuts in Kenya. CASSVITA: 2,413 smallholder cassava farmers (93 percent of whom are female) saw an average increase in income of 400% and a post-harvest loss reduction from 40 to 5% after selling to CassVita in Cameroon. RISING ACADEMIES: 269,083 students across 926 schools in Sierra Leone, Ghana, Liberia, Rwanda, Uganda provided access to affordable, quality education. BANKINGLY: 120 small and medium size financial institutions with a registered customer base of 843,271 provided with digital banking channels in over 20 countries globally. ELUCID: 6,440 smallholder farmer households provided with access to affordable health care in Ghana, Madagascar, Venezuela and Ecuador. LAPAIRE: 76,354 customers (46 percent women) received access to glasses across 90 optical shops in Cote D'Ivoire, Togo, Burkina Faso, Uganda, Benin, and Mali. RELEAF: 290 palm nut suppliers (24 percent women) provided with consistent access to market in Nigeria. AFFINITY AFRICA: 45,880 underserved and unbanked customers received access to financial services in Ghana. FLUID Finance: 1,403 smallholder farmers (51 percent women) provided with consistent access to market and to financial services in Ghana. 12614691 405064 31530940 true true false false false false false false false true true false true false true true false true false true true false false false false false false false false true false false false false false false false false true false true false false false true true true true false false true X 45 0 true 44 true false true AM JO KV KG MI AJ NI TI TZ UG UK ZA CA CG GT false false false false false false false false false false X 12 10 false false false false true true true true true false true true true true true true true true true true true true CA CO CT FL GA AL HI IL KS KY LA AK MD MA MI MN MS NH NJ NM NY NC OK OR PA RI SC TN UT VA AR WV WI X X Kuo-Wei Wang 2026821510 1301 K St NW Suite 300W WASHINGTON DC 20005 AGRINA MUSSA DIRECTOR 5.0 X 0 0 0 AVANTHI SHAH DIRECTOR 5.0 X 0 0 0 CATHERINE MOHR DIRECTOR (UNTIL 9/2024) 5.0 X 0 0 0 CHARLES TREVAIL DIRECTOR 5.0 X 0 0 0 DAN GREEN DIRECTOR 5.0 X 0 0 0 DAVID WEISMAN DIRECTOR/BOARD CHAIRMAN 5.0 X 0 0 0 ERIC CHERN DIRECTOR 5.0 X 0 0 0 JOHN ELKINS DIRECTOR 5.0 X 0 0 0 JOHN HATCH DIRECTOR 5.0 X 70028 0 0 JORDAN GREENAWAY DIRECTOR 5.0 X 0 0 0 JULIE HOUSER DIRECTOR/DR. OF PEOPLE OPS & HR 45.0 X 113272 0 52562 RICHARD WILLIAMSON DIRECTOR 5.0 X 0 0 0 SHAWN HASSEL DIRECTOR 5.0 X 0 0 0 ANDREE SIMON PRESIDENT & CEO 40.0 10.0 X 0 388701 45832 KUO-WEI WANG CHIEF FINANCIAL OFFICER 40.0 X 216130 0 26579 STEFAN GRUNDMANN CHIEF OPERATING OFFICER 40.0 X 240210 0 17581 COLLEEN ZAKREWSKY SVP, DEVELOPMENT & EXTERNAL RELATIONS 40.0 X 279982 0 41738 DREW BOSHELL EXECUTIVE DIRECTOR AFFILIATE 40.0 X 226846 0 29337 KWASI DONKOR MANAGING DIRECTOR - POVERTY ERADICATION LAB 40.0 X 203712 0 37498 P DANIEL SMITH GENERAL COUNSEL 40.0 X 0 376543 74564 SCOTT GRAHAM VP OF CUSTOMER RESEARCH 40.0 X 197346 0 35818 SETH SPIRO CHIEF PRODUCT AND CUSTOMER OFFICER 40.0 X 0 232612 31960 1547526 997856 393469 21 false true false Integrated Direct Marketing Agency 1250 Connecticut Ave NW Suite 700 Washington DC 20036 Fundraising and Communications 3096303 FINCA Microfinance Global Services 1301 K Street NW Suite 300W Washington DC 20005 Professional Services 2344106 Microsoft Corporation 1250 Connecticut Ave NW Suite 700 Dallas TX 75207 Software 1161359 M&R Strategic Service 1101 17th Street NW Suite 301 Washington DC 20036 Advertising 832974 McKinsey and Company Africa 115 West St 2nd Floor Sandton Johan SF 2196 Consulting 750000 26 21622315 2503003 21622315 BRANCH REVENUE-KOSOVO 900099 19471323 19471323 FINCA VENTURES PROGRAM 900099 103299 103299 MANAGEMENT FEES 900099 274815 274815 OTHER PROGRAM SERVICES 900099 26950 26950 FINCA IMPACT FINANCE 522299 -757176 -757176 0 0 0 0 19119211 484202 484202 767992 820630 -52638 0 -52638 -52638 0 0 2104199 811009 1293190 1293190 0 0 0 0 0 42466280 19119211 0 1724754 X 1420908 858923 363140 198845 7933547 6512217 918427 502903 232273 140406 59362 32505 2096274 1658163 283096 155015 379401 229344 96963 53094 534114 534114 202690 175939 4047 22704 195158 161145 5145 28868 6634159 5185870 219080 1229209 1318251 972515 165 345571 2846395 1621672 21528 1203195 407729 407729 495402 495402 731769 619915 22333 89521 957718 795102 49287 113329 4553427 4503205 32644 17578 1000798 936041 42092 22665 129612 86694 27897 15021 License and Subscription Fee 2558977 1567185 548671 443121 Other Direct Cost 2015071 2015071 Provision for loan losses 1729577 1729577 Motor Vehicle Expense 152220 152220 176050 172491 775 2784 38701520 31530940 2694652 4475928 21872137 24907738 2046943 3289551 2364215 2176583 4861397 4206658 0 0 96079155 113121506 2294206 1765094 715669 529112 0 100848689 100743509 629740 412960 3450839 2702667 232868784 252090284 4114746 3622361 1572675 2104760 0 63205826 82542051 7441922 5915048 76335169 94184220 X 154626365 155869740 1907250 2036324 156533615 157906064 232868784 252090284 X 3764760 -2392311 X false true true false X 17180175 19987198 18753953 20874304 21622315 98417945 0 0 17180175 19987198 18753953 20874304 21622315 98417945 2573460 95844485 964717 1024089 829507 1169529 1252194 5240036 0 -631423 -16119962 2454803 17586608 21223410 24513436 128171417 0 0.74778 0.7797 X Schedule A, Part II, Line 10 Other Income DESCRIPTION - OTHER INCOME, COLUMN A - -631423.0, COLUMN B - -16119962.0, COLUMN C - 2454803.0, COLUMN D - 17586608.0, COLUMN E - 21223410.0, COLUMN F - 24513436.0; RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 908937 77759 986696 798548 15000 95389 908937 907730 -109182 798548 857082 14728 35920 907730 828405 28677 857082 0.0 1.0 0.0 false false 2294206 1765094 529112 529112 INVESTMENT IN PARTNERSHIP AND SUBS 88937265 C INVESTMENT IN LLC 11806244 C 100743509 Federal Income Taxes IFRS 16 LEASE OBLIGATION 3029628 DEFERRED PENSION OBLIGATION 2527210 OTHER INTERCOMPANY PAYABLES 358210 5915048 X 0 0 0 0 0 0 0 0 0 0 0 0 Schedule D, Part V, Line 4 Intended uses of endowment funds THE ENDOWMENT FUNDS WERE ESTABLISHED TO KEEP THE PRINCIPAL INTACT SO IT CAN GROW OVER TIME, BUT ALLOW THE ORGANIZATION TO USE THE INVESTMENT INCOME FOR PROGRAMS, OPERATIONS, OR PURPOSES SPECIFIED BY THE DONOR(S) TO THE ENDOWMENT. Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote FINCA INTERNATIONAL, INC. ISSUES CONSOLIDATED FINANCIAL STATEMENTS ON BEHALF OF ITSELF AND ITS AFFILIATES. THE INCOME TAX FOOTNOTE AND FIN48 DISCLOSURE INCLUDED IN THE CONSOLIDATED FINANCIAL STATEMENTS REFLECTS TAX RELATED ITEMS FOR ALL ENTITIES INCLUDED IN THE CONSOLIDATED FINANCIAL STATEMENTS (INCLUDING BOTH TAX-EXEMPT AND FOR-PROFIT ENTITIES). FINCA is exempt from taxes on income, except unrelated business taxable income, under provision of Section 501(c)(3) of the United States Internal Revenue Code and the applicable income tax regulations of the District of Columbia. Accordingly, no provision is made for federal and state income taxes in the consolidated financial statements. The movements in deferred tax assets and liabilities (the balances are offset within the same jurisdiction as permitted by IAS 12, Income Taxes, and shown on a net basis by Subsidiaries), details of the deferred tax liability, amounts charged or credited directly to profit or loss during the period, and amounts charged or credited directly to equity during the period are shown below. In 2024, the Company recorded $1.6 million of income tax expense on $11.8 million of undistributed earnings associated with FMH's investments in Subsidiaries because it was probable that the temporary differences associated with the distribution of retained earnings through payments of dividends will reverse in the foreseeable future. The temporary differences of $11.8 million included $10.5 million of expected distributions of retained earnings from 2024 and $1.4 million for an increase of expected distributions of retained earnings from prior years. In 2023, the Company recorded $1.0 million of income tax expense on $8.0 million of undistributed earnings associated with the Company's investments in Subsidiaries because it was probable that the temporary differences associated with the distribution of retained earnings through payments of dividends will reverse in the foreseeable future. The temporary differences of $8.0 million included $10.6 million of expected distributions of retained earnings from 2023 and $2.6 million for a decrease of expected distributions of retained earnings from prior years. Sub-Saharan Africa 10 132 Program Services FINANCIAL SERVICES/SOLAR ENERGY PRODUCT 1840657 Europe (Including Iceland and Greenland) 32 296 Program Services FINANCIAL SERVICES 14378024 42 428 0 0 42 428 16218681 0 16218681 true false true false false false Schedule F, Part I, Line 3 Method used to account for expenditures on org's financial statements EUROPE (INCLUDING ICELAND AND GREENLAND)-Accrual; SUB-SAHARAN AFRICA-Accrual X X X false false false false false false false false false JULIE HOUSER DIRECTOR/DR. OF PEOPLE OPS & HR 113272 0 0 0 0 0 9728 0 42834 0 165834 0 0 0 ANDREE SIMON PRESIDENT & CEO 0 388701 0 0 0 0 0 21890 0 23942 0 434533 0 0 STEFAN GRUNDMANN CHIEF OPERATING OFFICER 240210 0 0 0 0 0 14420 0 3161 0 257791 0 0 0 KUO-WEI WANG CHIEF FINANCIAL OFFICER 216130 0 0 0 0 0 10179 0 16400 0 242709 0 0 0 COLLEEN ZAKREWSKY SVP, DEVELOPMENT & EXTERNAL RELATIONS 279982 0 0 0 0 0 15491 0 26247 0 321720 0 0 0 P DANIEL SMITH GENERAL COUNSEL 0 376543 0 0 0 0 0 22185 0 52379 0 451107 0 0 SETH SPIRO CHIEF PRODUCT AND CUSTOMER OFFICER 0 232612 0 0 0 0 0 15275 0 16685 0 264572 0 0 DREW BOSHELL EXECUTIVE DIRECTOR AFFILIATE 226846 0 0 0 0 0 0 0 29337 0 256183 0 0 0 KWASI DONKOR MANAGING DIRECTOR - POVERTY ERADICATION LAB 203712 0 0 0 0 0 704 0 36794 0 241210 0 0 0 SCOTT GRAHAM VP OF CUSTOMER RESEARCH 197346 0 0 0 0 0 15893 0 19925 0 233164 0 0 0 LORRAINE O'HARA WIFE (BENEFICIARY) OF THE FORMER PRESIDENT & CEO 100000 SENIOR EXECUTIVE RETIREMENT PLAN (SERP) BENEFIT false Schedule L, Part V LORRAINE O'HARA, WIDOW OF THE DECEASED FORMER PRESIDENT & CEO OF FINCA INTERNATIONAL, INC - RUPERT SCOFIELD RECEIVED A $100,000 SERP PAYMENT IN 2024 AS SHE IS THE BENEFICIARY OF HIS SERP PLAN. PLEASE REFER TO THE 2023 FORM 990, SCHEDULE J FOR FURTHER INFORMATION. 66 368113 Other - COST OR SELLING PRICE X SOFTWARE LICENSING 1 2134890 Other - DISCOUNT PRICING 0 false true true Schedule M, Part I, Line 32b Third parties used to solicit, process, or sell noncash contributions FINCA USES CHARLES SCHWAB ACCOUNT TO SELL STOCK AND MUTUAL FUND DONATIONS Schedule M, Part I Explanations of reporting method for number of contributions Securities - Publicly traded - A COMBINATION OF BOTH Other - SOFTWARE LICENSING A COMBINATION OF BOTH Form 990, Part III, Line 4d Description of other program services (Expenses $ 9,815,247 including grants of $ 0)(Revenue $ 301,765) ALL OTHER PROGRAM EXPENSES Form 990, Part III, Line 4d Description of other program services (Expenses $ 1,582,352 including grants of $ 0)(Revenue $ 0) FINCA PLUS PROGRAM EXPENSE Form 990, Part III, Line 4d Description of other program services (Expenses $ 1,217,092 including grants of $)(Revenue $ 103,299) FINCA Ventures - FINCA Ventures invests in early-stage companies that provide transformative products/services that support women, smallholder farmers, families on the margins, and microbusinesses in low-income communities across Sub-Saharan Africa. At present, FINCA Ventures has investments in health, fintech, agriculture, livelihoods, energy, education, water and sanitation. FINCA Ventures supported 26 portfolio companies that delivered life-enhancing products and services in 39 countries globally in 2024. IGNITIA: 3,128,851 users received access to local weather forecasts in West Africa, Kenya and Brazil. EAST AFRICA FRUITS: 25,090 smallholder farmers connected to 8,910 small, informal vendors in Tanzania, allowing for both groups to improve their incomes. GOOD NATURE AGRO: 21,999 smallholder farmers (45 percent of whom are female) reached in Zambia and Malawi. MERIDIA: 20,176 hectares mapped for 18,381 smallholder farmers across Ghana, Cote D'Ivoire and Indonesia. YYTZ: 911 smallholder farmers (65 percent of whom are female) received higher cashew prices in Tanzania. KUUNDA: 173M loans, totaling $965M, to over 5.5M registered mobile money agents and consumers in Tanzania, Uganda, and Malawi. KWARA: 149 SACCO / Credit Union clients fully digitized serving 161,703 end users in Kenya. MDAAS GLOBAL: 144,186 patients (60 percent of whom are female) gained affordable diagnostic services in Nigeria. SISU GLOBAL: Increased geographic scope by selling the Hemafuse device through distribution partners in Kenya, Uganda, Tanzania, Liberia, Ghana, and Ukraine hospitals to be used in surgeries to recycle a patient's own blood. SANIVATION: 527 metric tons of fecal sludge converted to fuel substitutes, saving 9,473 trees in Kenya. JIBU: 171M liters of clean water provided to customers and 1,620 jobs supported through 231 franchises in East Africa and Ghana. AMPED INNOVATION: 27,743 families benefited from 3,298 mWh of clean energy in Sub-Saharan Africa. PENDA: 159,883 patient visits at one of 16 affordable primary care clinics in Kenya. FLOATPAYS: 38,679 employees provided with early wage access in South Africa. RICULT: 1.3M smallholder farmers in Pakistan, Thailand and Vietnam use the Ricult farmer app to access satellite imagery, weather and soil maps to make better decisions on their farms and access input financing. CINCH: 236 smallholder farmers leased land to Cinch to earn a more stable income and increase the productivity of their land and an average of 902 casual workers supported field operations on a monthly basis. CHANZI: 7,847 MT of food waste processed using black soldier flies to produce nutritious protein for animal feed used by farmers and feed processors in Tanzania and Kenya, supporting 130 full-time employees across sites. KENTASTE: 5,812 smallholder farmers (29 percent of whom are female) received consistent access to market for their coconuts in Kenya. CASSVITA: 2,413 smallholder cassava farmers (93 percent of whom are female) saw an average increase in income of 400% and a post-harvest loss reduction from 40 to 5% after selling to CassVita in Cameroon. RISING ACADEMIES: 269,083 students across 926 schools in Sierra Leone, Ghana, Liberia, Rwanda, Uganda provided access to affordable, quality education. BANKINGLY: 120 small and medium size financial institutions with a registered customer base of 843,271 provided with digital banking channels in over 20 countries globally. ELUCID: 6,440 smallholder farmer households provided with access to affordable health care in Ghana, Madagascar, Venezuela and Ecuador. LAPAIRE: 76,354 customers (46 percent women) received access to glasses across 90 optical shops in Cote D'Ivoire, Togo, Burkina Faso, Uganda, Benin, and Mali. RELEAF: 290 palm nut suppliers (24 percent women) provided with consistent access to market in Nigeria. AFFINITY AFRICA: 45,880 underserved and unbanked customers received access to financial services in Ghana. FLUID Finance: 1,403 smallholder farmers (51 percent women) provided with consistent access to market and to financial services in Ghana. Form 990, Part VI, Line 6 Classes of members or stockholders PER FINCA INTERNATIONAL'S CONSTITUENT DOCUMENTS, MEMBERS ARE THE FUNCTIONAL EQUIVALENT OF SHAREHOLDERS BUT HOLD NO ECONOMIC INTEREST. THEY ACT AS STEWARDS OF THE CHARITABLE MISSION AND SERVE AS THE ULTIMATE GOVERNANCE AUTHORITY OF THE ORGANIZATION. FINCA INTERNATIONAL HAS 4 (FOUR) MEMBERS. EACH OF WHOM HAVE EQUAL VOTING RIGHTS AND DEVOTE CONSIDERABLE TIME AND ATTENTION TO ITS ACTIVITIES. MEMBERSHIPS IN FINCA INTERNATIONAL ARE NOT SOLD AS FUNDRAISING MECHANISMS. Form 990, Part VI, Line 7a Members or stockholders electing members of governing body PER THE BYLAWS OF THE ORGANIZATION, THE MEMBERS HAVE POWER TO MAKE APPOINTMENTS TO, ACCEPT RESIGNATIONS, MAKE SUBSTITUTIONS FOR, AND REMOVE PERSONS FROM THE BOARD OF DIRECTORS. Form 990, Part VI, Line 7b Decisions requiring approval by members or stockholders CERTAIN KEY DECISIONS OF THE BOARD OF DIRECTORS (FINCA INTERNATIONAL'S GOVERNING BODY) ARE SUBJECT TO THE APPROVAL OF THE MEMBERS OF THE ORGANIZATION. Form 990, Part VI, Line 11b Review of form 990 by governing body THE FORM 990 IS PRESENTED TO THE 990 REVIEW TEAM COMPOSED OF THE AUDIT COMMITTEE AND REPRESENTATIVES FROM MANAGEMENT TEAM, FINANCE AND LEGAL. THE REVIEW TEAM SURVEYS THE DOCUMENT AND A MEETING IS SCHEDULED TO DISCUSS ANY QUESTIONS WITH THE CFO. REVIEWING PROCESS INCLUDES SURVEYING SECTIONS, SCHEDULES, CHECKLISTS, AND DISCLOSURES OF THE RETURN PLUS CORRESPONDING APPROVALS. Form 990, Part VI, Line 12c Conflict of interest policy OFFICERS, DIRECTORS AND KEY EMPLOYEES ARE REQUIRED TO DISCLOSE ANY CONFLICTS OF INTERESTS ON AN ONGOING BASIS. CONFLICT OF INTERESTS ARE PROHIBITED BY FINCA INTERNATIONAL'S CODE OF CONDUCT AND EMPLOYEE HANDBOOK, SUBJECT TO EXCEPTIONS BASED BY AN INDEPENDENT AUDIT COMMITTEE. CONFLICTS - INCLUDING RELATED PARTY TRANSACTIONS - ARE STRONGLY DISCOURAGED AND APPROVED, IF AT ALL, IN EXCEPTIONAL CASES. THE PROCESS IS MONITORED THROUGH ACKNOWLEDGEMENT OF THE POLICY PROHIBITING AND REQUIRING REPORTING OF ANY CONFLICTS, ALONG WITH INTERNAL AUDITS AND OTHER CONTROLS (INCLUDING THE CONTRACT REVIEW PROCESS). THE FINCA CODE OF CONDUCT, APPLICABLE TO ALL FINCA PERSONS GLOBALLY, PROVIDES A CONFIDENTIAL REPORTING MECHANISM (*HOTLINE*) FOR REPORTING VIOLATIONS OF THE CODE, INCLUDING OF INTERESTS. Form 990, Part VI, Line 15a Process to establish compensation of top management official COMPENSATION FOR THE PRESIDENT & CEO IS DETERMINED ANNUALLY BY THE EXECUTIVE COMMITTEE. THE PRESIDENT & CEO RECUSES HERSELF FROM THAT CONVERSATION. Form 990, Part VI, Line 15b Process to establish compensation of other employees THE PROCESS FOR DETERMINING ALL OFFICERS' COMPENSATION IS PERFORMED BY THE HUMAN RESOURCES DEPARTMENT AND REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS EXECUTIVE COMMITTEE. THE PROCESS INCLUDES A REVIEW OF OTHER FORM 990S AND COMPENSATION SURVEYS, AND THERE IS CONTEMPORANEOUS SUBSTANTIATION OF THE DELIBERATION AND DECISION. THE REVIEW IS PERFORMED ANNUALLY. Form 990, Part VI, Line 19 Required documents available to the public THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICTS OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE GENERAL PUBLIC UPON REQUEST AND ON ITS OWN WEBSITE. Form 990, Part IX, Line 11g Other Fees Professional Services - Total Expense: 6634159, Program Service Expense: 5185870, Management and General Expenses: 219080, Fundraising Expenses: 1229209; Form 990, Part XI, Line 9 Other changes in net assets or fund balances Reserves - -320600; Currency Translation Adjustments - -2148455; Actuarial gains (losses) in defined benefit plan - 76744; Total - -2392311; FINCA PLUS LLC 1301 K ST NW SUITE 300W WASHINGTON DC 20005 464312538 SOLAR ENERGY PRODUCTS DE 1229256 2983418 FINCA International Inc FINCA CAPITAL FUND LLC 1301 K ST NW SUITE 300W WASHINGTON DC 20005 260648736 DORMANT DE 0 0 FINCA INTERNATIONAL INC FINCA LICENSING & SUPPORT LLC 1301 K ST NW SUITE 300W WASHINGTON DC 20005 DORMANT DE 0 0 FINCA INTERNATIONAL INC FUNDACION INTEGRAL COMUNITARIA AC AV PASEO DE LA REFORMA 295 COL C CDMX MX DORMANT MX FINCA MICROFINANCE HOLDING COMPANY LLC true FUNDACION INTERNACIONAL PARA LA ASISTENCIA COMUNITARIA DEL ECUADOR AVDA AMAZONAS N39-123 Y JOSE ARIZA QUITO EC DORMANT EC FINCA INTERNATIONAL INC true FINCA HAITI 26 RUE METELLUS PETIONVILLE PORTAUPRINCE HA DORMANT HA FINCA MICROFINANCE HOLDING COMPANY LLC true FINCA HONDURAS LOMAS DE GUIJARRO EDIFICIO DE PLAZ TEGUCIGALPA HO DORMANT HO FINCA INTERNATIONAL INC true FINCA CHARITY FOUNDATION AGATANGEGHOS STREET 2A YEREVAN AM DORMANT AM FINCA INTERNATIONAL INC true FUNDACION INTERNACIONAL PARA LA ASISTENCIA COMUNITARIA DE GUATEMALA 7A 11-11 AVENUE ZONE 9 GUATEMALA CITY GT MICROFINANCE OPERATIONS GT FINCA MICROFINANCE HOLDING COMPANY LLC true FINCA MICROFINANCE HOLDING COMPANY LLC 1301 K ST NW SUITE 300W WASHINGTON DC 20005 450793602 HOLDING COMPANY DC FINCA INTERNATIONAL INC Related 11418657 166584918 false true FINCA UNIVERSAL CREDIT ORGANIZATION CJSC AGATANGEGHOS STREET 2A YEREVAN AM MICROFINANCE OPERATIONS AM FINCA MICROFINANCE COOPERATIEF UA C Corporation 12355933 62651033 0.8814 true FINCA AZERBAIJAN LLC 44 JAFAR JABBARLI STREET BAKU AJ MICROFINANCE OPERATIONS AJ FINCA MICROFINANCE COOPERATIEF UA C Corporation 10754652 39599959 0.8814 true FINCA DR CONGO SARL 1286 AVE TOMBALBAYE KINSHASA CG MICROFINANCE OPERATIONS CG FINCA MICROFINANCE HOLDING COMPANY LLC C Corporation 41841902 104898056 0.8814 true FINCA TRANSFERT SARL 1286 AVE TOMBALBAYE KINSHASA CG MICROFINANCE OPERATIONS CG FINCA DR CONGO SARL C Corporation 459964 3367738 0.8252 true FINCASERVICIOS - LATINOAMERICA SA 23 CALLE 14-15 ZONA 4 GUATEMALA CITY GT DORMANT GT FINCA MICROFINANCE HOLDING COMPANY LLC C Corporation 0 3071 0.8814 true FINCA MICROFINANZAS SA 7A 11-11 AVENUE ZONE 9 GUATEMALA CITY GT DORMANT GT FINCA MICROFINANCE HOLDING COMPANY LLC C Corporation 0 0 0.8814 true FINCA HAITI SA 26 RUE METELLUS PORTAUPRINCE HA MICROFINANCE OPERATIONS HA FINCA MICROFINANCE HOLDING COMPANY LLC C Corporation 4455098 602242 0.8814 true SPECIALIZED MICRO LOANS (PRIVATE SHAREHOLDING COMPANY) 4TH FL DURRET KHALDA AMMAN JO MICROFINANCE OPERATIONS JO FINCA MICROFINANCE HOLDING COMPANY LLC C Corporation 4574891 14389963 0.8814 true FINCA KOSOVE SHA ROBERT DOLL ST NR 112 PRISHTINA KV DORMANT KV FINCA MICROFINANCE HOLDING COMPANY LLC C Corporation 0 0 0.8814 true FINCA MICRO-CREDIT COMPANY CJSC 93/2 SHOPOKOV STREET BISHKEK KG MICROFINANCE OPERATIONS KG FINCA MICROFINANCE HOLDING COMPANY LLC C Corporation 34975695 165252220 0.8814 true FINCA LIMITED (MALAWI) HENDERSON STREET BLANTYRE MI MICROFINANCE OPERATIONS MI FINCA MICROFINANCE COOPERATIEF UA C Corporation 7355311 17652709 0.8814 true FINCA MICROFINANCE COOPERATIEF UA De Boelelaan 30 AMSTERDAM NL HOLDING COMPANY NL FINCA MICROFINANCE HOLDING COMPANY LLC C Corporation 3994403 90020792 0.8814 true FINCA NETWORK SUPPORT BV De Boelelaan 30 AMSTERDAM NL IT SERVICES NL FINCA MICROFINANCE COOPERATIEF UA C Corporation 9466404 2670275 0.8814 true FINANCIERA FINCA NICARAGUA SA DE LA ROTONDA DEL GUEGUENSE MANAGUA NU DORMANT NU FINCA MICROFINANCE HOLDING COMPANY LLC C Corporation 98987 168094 0.8814 true FINCA MICROFINANCE BANK LIMITED PLOT 20 WETHERAL ROAD OWERRI NI MICROFINANCE OPERATIONS NI FINCA MICROFINANCE COOPERATIEF UA C Corporation 1100724 2584031 0.8814 true FINCA MICROFINANCE BANK LIMITED 36-B KHAYABAN-E-IQBAL LAHORE PK MICROFINANCE OPERATIONS PK FINCA MICROFINANCE COOPERATIEF UA C Corporation 21357401 95395512 0.7615 true FINCA MICRO-CREDIT DEPOSIT ORGANIZATION LLC 9 JABBOR RASULOV STREET DUSHANBE TI MICROFINANCE OPERATIONS TI FINCA MICROFINANCE HOLDING COMPANY LLC C Corporation 9181724 32847938 0.8814 true FINCA MICROFINANCE BANK LIMITED BAGAMOYO ROAD PLOT NO 34 DAR ES SALAAM TZ MICROFINANCE OPERATIONS TZ FINCA MICROFINANCE HOLDING COMPANY LLC C Corporation 27779128 35680777 0.8814 true FINCA UGANDA LIMITED PLOT 11B ACACIA AVENUE KAMPALA UG MICROFINANCE OPERATIONS UG FINCA MICROFINANCE COOPERATIEF UA C Corporation 16667971 56148711 0.8814 true FINCA ZAMBIA LIMITED PLOT NO 22768 ACACIA PARK LUSAKA ZA MICROFINANCE OPERATIONS ZA FINCA MICROFINANCE COOPERATIEF UA C Corporation 4822296 9877148 0.8814 true FINCA ZAMBIA HOLDING LIMITED PLOT NO 22768 ACACIA PARK LUSAKA ZA DORMANT ZA FINCA MICROFINANCE HOLDING COMPANY LLC C Corporation 0 0 0.8814 true FINCA MICROFINANCE GLOBAL SERVICES LLC 1301 K St NW Ste 300W WASHINGTON DC 20005 811408194 SUPPORT SERVICES FINCA MICROFINANCE HOLDING COMPANY LLC C Corporation 12591388 9691235 0.8814 true MICRO-FINANCE SOLUTIONS INC PO BOX 309GT UGLAND HOUSE SOUTH C GEORGETOWN CJ DORMANT CJ FINCA INTERNATIONAL INC C Corporation 0 0 1 true MFSI GUATEMALA SA 23 CALLE 14-15 ZONA 4 GUATEMALA CITY GT DORMANT GT MICRO-FINANCE SOLUTIONS INC C Corporation 0 50062 1 true ASESORA DE MICROFINANZAS ASEMICROFIN SA AVDA AMAZONAS N39-123 Y JOSE ARIZA QUITO EC MICROFINANCE OPERATIONS EC FUNDACION INTERNACIONAL PARA LA ASISTENCIA COMUNITARIA DE ECUADOR C Corporation 0 0 1 true true true false true false false false false false false false false true true false true true false false FINCA MICROFINANCE GLOBAL SERVICES LLC M 892965 FMV FINCA NETWORK SUPPORT BV M 151186 FMV FUNDACION INTERNACIONAL PARA LA ASISTENCIA COMUNITARIA DE GUATEMALA B 440680 FMV FINCA HAITI SA D 910065 FMV FUNDACION INTERNACIONAL PARA LA ASISTENCIA COMUNITARIA DE GUATEMALA D 3450454 FMV FINCA UGANDA LIMITED D 333856 FMV FUNDACION INTERNACIONAL PARA LA ASISTENCIA COMUNITARIA DE GUATEMALA A 243937 FMV FINCA MICROFINANCE GLOBAL SERVICES LLC N 767992 FMV FINCA MICROFINANCE GLOBAL SERVICES LLC P 1451140 FMV FINCA NETWORK SUPPORT BV Q 1168338 FMV FINCA MICROFINANCE GLOBAL SERVICES LLC Q 264360 FMV