FINCA Zambia is an affiliate of FINCA International, a global microfinance network whose mission it is to provide financial services to the world’s lowest-income entrepreneurs so they can create jobs, build assets and improve their standard of living. In the context of the Zambian microfinance market FINCA Zambia is a clear leader with the focus on the rural areas of the country. Triodos-Doen and Hivos-Triodos Fund have provided a local currency loan to FINCA Zambia to realise further growth.
KEY INDICATORS FINCA Zambia at year-end 2012:
- number of loan clients: 33,646
- percentage female clients: 63%
- percentage rural clients: 15%
- average loan amount: EUR 202
- number of savings clients: -
Whoever you are, and wherever you live in the world, you are likely to want permanent access to financial services. Microfinance banks play a crucial role providing access to finance to an increasing number of people living on low-incomes. We finance microfinance institutions because they help to build inclusive financial sectors, where the majority of people have access to financial services, leading to a sustainable basis for balanced social and economic development.