FINCA Bank Georgia

FINCA Bank Georgia

FINCA Georgia - an affiliate of FINCA International Inc., a network of microfinance institutions based in Washington, D.C., with affiliates operating in 23 countries around the world - was established in Georgia in 1998 with support of USAID and the US Department of Agriculture. Since end of 2011, JSC FINCA Georgia is a subsidiary company of FINCA Microfinance Cooperatief U.A., with such shareholders on board, as FINCA International, USA, International Financial Corporation (IFC, World Bank Group)- USA, KfW Bankengruppe, the German development bank, FMO, the Netherlands development bank, responsAbility Global Microfinance Fund, an investment fund advised by the Zurich-based asset manager responsAbility Social Investments AG, and Triple Jump, a Netherlands-based microfinance investment manager.

In August 2013, FINCA Georgia received a banking license. Currently FINCA Bank Georgia serves over 50,000 active clients through its 38 service centers. FINCA Bank Georgia identifies, pilots, and partners with other service providers to bring new life-enhancement services to clients, and funds cutting-edge research to track the benefits to clients allowing FINCA to better serve them and maintain a leading position in Georgian microfinance sector. FINCA Georgia is committed to ensure this through its commercial principles of performance and sustainability. FINCA’s structure sets a new standard for the industry as an innovative way to focus on its poverty alleviation mission while mobilizing socially-responsible capital, creating positive social impact and financial sustainability.
http://www.finca.ge

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