Financiera Finca (Honduras)

Founded in 1989, Financiera FINCA Honduras is a non-bank financial institution that initially operated as an NGO. Currently, FH is licensed to accept deposits and operates in rural and urban areas through fourteen branches nationwide. The main activity of Financiera FINCA is to provide a wide range of financial services to low-income entrepreneurs, enabling them to create jobs, build assets, improve their standard of living, but primarily, combat poverty. In 2007, FH became a financial institution and opened its first branch in Choluteca in June 2008. Since then, fourteen more branches have opened, with the headquarters located in Tegucigalpa. Currently, Financiera FINCA serves nearly 35,000 clients. In March 2008, FINCA Honduras became officially regulated by the National Banking and Insurance Commission (CNBS), and we are proud to be one of the three countries that comply with local banking regulations annually. More than half of Hondurans live in poverty, and the country's per capita income is one of the lowest in Latin America. Poverty rates are even higher among people in rural and indigenous areas, especially in the south, west, and along the eastern border. Financiera FINCA offers Traditional Community Banking, Solidarity Group Credit, Individual Credit, as well as Savings Accounts, Fixed-Term Deposits, and Insurance.