News 28-04-2017

27 April 2017, Washington, DC – FINCA, the global institution that pioneered Village BankingTM and helped prove the sustainable microfinance model as key to economic development, today announced the launch of FINCA Impact Finance.FINCA Impact Finance will continue to deliver on FINCA’s 30-year legacy of reaching underserved people with responsible financial services while increasingly leveraging digitization and mobile financial services.

News 18-04-2017

Living or working far from a bank branch is a massive disadvantage for millions of poor people around the world. Without access to financial services, businesses can’t grow, incomes remain low and families can’t save. In addition, people often risk losing money from time traveled or theft on the journey to a bank far away.

News 27-03-2017

March 27, 2017, Owerri: – FINCA Microfinance Bank received an award as “Best Agency Banking Provider 2017. The award is for individuals and businesses operating agency banking in Nigeria. This award was presented to the Chief Executive Officer during the cashless Africa awards & expo organized by Mobile Money Africa in Lagos.

News 18-01-2017

Johannesburg, South Africa, January 17, 2017—IFC, a member of the World Bank Group, together with The MasterCard Foundation, today announced a cooperation agreement valued at $1 million with microfinance institution FINCA in the Democratic Republic of Congo. Under the agreement, FINCA will expand access to credit and digital financial services for low-income people and small-scale entrepreneurs.

News 17-11-2016

November 05 2016, Owerri: – FINCA Microfinance Bank received an award as Microfinance bank of the year 2016. The award is for individuals and businesses operating in Eastern Nigeria. This award was presented to the Chief Executive Officer during the 3rd edition of Eastern Nigeria Merit Award 2016 at Owerri, Imo State. This is a back to back win for FINCA, who won the best Microfinance Bank of the year 2015 during the 2nd edition of the award.

News 16-09-2016

Owerri, Nigeria, September 15, 2016: – Today, FINCA Microfinance Bank Ltd Nigeria officially launched a new product called FINCA Freedom Account. FINCA Freedom Account is a savings account designed for trade-masters or businesses that need to settle funds for apprentices at the end of their apprenticeship.

News 18-05-2016

Owerri, Nigeria, May 17, 2016: – FINCA Microfinance Bank Ltd Nigeria officially launched its agency banking in Owerri after over a year of operations in the country following approval from the Central Bank of Nigeria. Agency banking is the provision of financial services to customers by a third party (agent) on behalf of a licensed deposit taking financial institution-Bank.

News 17-05-2016

17 May 2016, Washington, D.C. – Today global microfinance leader FINCA and First Access, whose technology predicts the credit risk of borrowers in informal markets, announced a new collaboration that will create the largest and most sophisticated alternative credit-scoring approach by a microfinance institution (MFI) in the world. The partnership will vastly improve FINCA’s outreach to excluded populations.

News 13-02-2016

Owerri, Nigeria, February 11, 2016: – Today, FINCA Microfinance Bank Ltd Nigeria opened it’s second branch at Relief Market Owerri after a year of operations in the country.

News 14-01-2016

PARIS, France, January 13, 2016/–Ingenico Group (Ingenico.com), the global leader in seamless payment, has reached a strategic fifty-thousand terminals landmark to serve the unbanked population and becomes the indisputable financial inclusion-enabler in Africa.

News 05-01-2016

05 January, 2016, Washington, DC – FINCA International, a global microfinance organization that mobilizes social investment, philanthropic capital and technological solutions to enable low-income individuals to invest in the future, is pleased to announce the promotion of Andrée Simon to Co-CEO of FINCA Microfinance Holding Company. Ms. Simon will lead strategy, operations, and the implementation of a host of digital and mobile enhancements that represent the next generation of essential financial services for people in developing economies.

News 04-12-2015

Owerri, December 4th,2015: FINCA, a global microfinance network with operations in 23 countries on five continents, today officially celebrated one year of operations in Nigeria as FINCA Microfinance Bank Ltd. FINCA commenced its operations, in Owerri – Imo State, Nigeria on the 4th of December 2014; following approval and licencing from the by Central Bank of Nigeria on 30th October 2014.