Explore the world's #1 largest database of ideas and innovations, with over 400,000 inspiring examples.
Uncover major shifts and emerging opportunities with our exclusive PRO research.
Trend Reports
Discover why 750 brands rely on our AI-powered Trend Reports to get better, faster insights.
Join over 200,000 subscribers who rely on our weekly newsletter to keep up with need-to-know trends and insights.
Join 20,000,000+ people getting better and faster with our New York Times Bestselling methods, best innovation books & keynote videos.
Get special access to premium content, topic tracking and customizable tools through our AI-powered Dashboard.
Learn how the Trend Hunter harnesses the power of artificial intelligence.
Enhance your innovation potential with a deeper understanding of your unique innovation archetype and how your organization benchmarks.
Accelerate innovation and ignite disruptive thinking with our award-winning programs and research.
Keynotes, Workshops & Webinars
Empower your team with the insights and frameworks they need to innovate better and faster.
Custom Research
Get fast, customized trend reports, presentations and deep dives 20x faster than traditional research.
Get started today with a free consultation, our self-serve tools, or a dedicated program.
Jeremy Gutsche
Ignite your event or virtual event with our CEO, a NY Times Bestselling Author and one of the top innovation keynote speakers.
Our Team of Speakers & Virtual Presenters
Inspire your group with our most popular speakers on innovation, trends, change and futurism.
Get in touch to learn more, ask a question or submit a tip.
About Us
Learn more about Trend Hunter and how we accelerate innovation.
Get answers to common questions about Trend Hunter.
Stay on the cutting-edge with the help of the Trend Hunter community.
Meet the team trusted by hundreds of leading businesses worldwide.
Find opportunities to accelerate your career with the #1 Trend Firm.
Grow your professional skillset in an award-winning workplace.
Catch up on noteworthy Trend Hunter news and media mentions.
Build a portfolio and put your trend-spotting abilities to the test.
Supercharge your marketing by partnering with Trend Hunter.
Visit your public portfolio and browse your past articles.
Add a Trend
Write up an article and showcase your trend-spotting skills.
My Trends
Edit your articles and see how they stack up on the leaderboards.
Edit your profile, connect your social media accounts, and more.
Add a trend, customize your dashboard, or track topics.
Future Festival
World Summit
Join the world's top innovators at our 3-Day Toronto event.
eLearning (NEW)
Prepare for the year's ahead with 100+ lessons, tactics, tools and frameworks with our full learning database.
Virtual Events (NEW!)
Stream our World Summit content from the comfort of your home.
Free Webinars
During COVID-19, learn to innovate through chaos, navigate the new normal and maintain work culture from home.
Innovation Events
Explore our 2020 tour dates and find the best city to inspire your team.
Custom Events
Host a custom innovation conference in your city that will inform and inspire.
Custom Training
Bring the Future Festival experience directly to your team with custom training packages.
Search our database of over 390,000 cutting edge ideas.

Global Microfinance Networks

FINCA Provides Financial Services to Low-Income Entrepreneurs

— May 12, 2011 — Social Good
FINCA is a microfinance organization that operates financial services and programs all over the globe. FINCA (the Foundation for International Community Assistance) was founded in 1984 by international development expert and economist John Hatch, while he was working on a USAID project in Bolivia.

INCA gives loans, and other financial services, to small-scale entrepreneurs so that they can support their own small businesses. FINCA main operates using a program developed by Hatch, called “Village Banking,” which administers microcredit through local solidarity groups as opposed to formal banks, allowing poor individuals to obtain loans without collateral, at rates they can afford. The Village Banking program took the greatest shape in 1986 in El Salvador, where Hatch began to give loans to women involved in microenterprise livelihood activities. FINCA works primarily with women, because it is women who are typically more likely to repay loans, invest money in businesses, as well as in the household, their children and in human capital like education and health. With FINCA, Women form a group and take out money using “group loans” that allow them to co-sign each other's loans and meet together to discuss repayment and other business-related issues.

The featured video of FINCA Canada Board Member Jacquie Green during a recent trip to Guatemala to meet FINCA clients and staff explores how female small-scale entrepreneurs are able to make the most of FINCA's services and improve their livelihoods. The video shows the women's innovative business techniques that the women use to stay on target.

Since its inception, FINCA has expanded across Latin America, Africa, Eurasia and the Greater Middle East with programs in Guatemala, Honduras, Mexico, Haiti, the Democratic Republic of Congo, Uganda, Malawi, Zambia, Tanzania, Kyrgyzstan, Georgia, Azerbaijan, Armenia, Russia, Kosovo, Tajikistan, Afghanistan and Jordan. Furthermore, FINCA has expanded its financial products in many countries. Among other things, some of FINCA's innovations include: insurance policies, mobile pay telephone services, loans for solar home systems, HIV/AIDS prevention education, debit cards, commercial capital, and most notably, the saving services to accompany working capital loans.

The impact of microfinance goes beyond economic opportunities, but rather, has enormous possibilities in terms of community development. For over 25 years, FINCA proves that microfinance has positive influences on other human development factors, especially considering the improvement of the overall quality of life for the borrower's family. For instance, FINCA cites increased incomes and better nutrition for their children. Accordingly, FINCA works to give families the instruments they need in order to break the cycle of poverty.

Contact Information:
Finca Canada Website
157 Adelaide Street West, Suite 408

Toronto, ON
M5H 4E7

Telephone: 1-647-259-3124