Innovating for Brighter Futures

2017 FINCA INTERNATIONAL ANNUAL REPORT 2017 FINCA INTERNATIONAL ANNUAL REPORT

1 Founder’s Letter

2 Letter from the Chairman and the President and CEO

4 Our Global Reach in 2017

6 Programs

6 Microfinance

10 Social Enterprise

14 Research

16 FINCA’s Leadership

17 FINCA’s Partners

18 2017 FINCA International Financial Summary

20 FINCA’s Supporters

37 Ways to Support

Copyright 2018 FINCA International, Inc. Photos: Cover—Alison Wright; right—Dawn Deeks

B 2017 FINCA INTERNATIONAL ANNUAL REPORT INNOVATING FOR BRIGHTER FUTURES

‚ FOUNDER S LETTER

Dear Friends:

It has been 10 years since my “retirement” from FINCA and two years since the loss of my soulmate, “Mimi.” Her spirit continues to fuel my resolve to work towards the end of poverty everywhere, and in the past year, I have been focusing on how solar energy can change the face of poverty.

During my recent month-long trip to Uganda, I John K. Hatch, Founder teamed up with Christopher Musoke, an expert in inclusive finance, including rural savings groups. Together, we traveled 3,200 kilometers by four- wheel drive visiting villages and interviewing Children will be able to study longer. Households will members of rural savings groups—reminiscent be safer. Expensive kerosene costs can be redirected of FINCA’s “Village Banks”—of which there are to other household needs. This lift can create new some 1.3 million members (households) incentives for an ultra-poor family—to read, to work, throughout Uganda. to dream.

Everyone we met with lives in darkness, their only How can BrightLife bring solar lighting to ultra-poor nighttime illumination a toxic and dangerous families in Uganda as quickly as possible? I think we kerosene wick lantern. Each respondent we can reach 120,000 households within a single year. interviewed expressed high interest in BrightLife’s Such numbers are too exciting to ignore. My days $8 solar lantern. Since savings group members have are now filled with “what ifs?” and “how soon?” and savings and access to small loans, they are also in “how much?” and “who wants to help?” a position to buy this product. And with FINCA’s investments in clean energy products, other basic services and new ways to access finance, imagine how transformational this can be.

While a single $8 solar lantern cannot end poverty, it will give an ultra-poor family a real “lift.” John K. Hatch Families want to replace the dim and smoke- Founder filled lighting of a kerosene lamp with a brighter, solar-powered light. June 30, 2018

Photo: FINCA Staff INNOVATING FOR BRIGHTER FUTURES 1 A MESSAGE FROM LEADERSHIP

LETTER FROM THE CHAIRMAN AND THE PRESIDENT AND CEO

Dear Supporters,

Over the course of more than three decades, FINCA International has pivoted and adapted to changing customer needs and market externalities. From Village Bank™ group meetings under mango trees, to individual loan disbursements at brick-and-mortar branches, to mobile phone-enabled digital wallets, FINCA has continuously evolved to provide responsible financial services to low-income clients globally.

Now more than ever, a spirit of innovation drives FINCA is innovating from within by pairing traditional all that we do. While innovation is a term frequently bank branches with a network of banking agents cited across industries, delivering real and to dramatically extend our reach. We are leveraging measurable change to people in need today by alternative credit scoring and analytics to develop the millions is no buzzword. In fact, embracing credit profiles for the previously unbanked. And we change and pursuing innovative technologies is are utilizing mobile wallets, biometrics and tablets the future of poverty alleviation and, therefore, a to put financial services at our clients’ fingertips. pillar of our mission. Together, these technologies allowed us to grow our client reach by 27 percent year-over-year, “Now more than ever, a spirit of surpassing two million total clients served in 2017. innovation drives all that we do.” But we are not limiting innovation to the realm of financial services. At FINCA, we know that The word “innovation” can be unpacked from three the solutions to poverty are numerous and perspectives at an organizational level. First, how an interconnected. Insufficient access to finance organization may innovate from within to remain underpins many of the challenges faced by those relevant. Second, how an organization can use living in poverty. Our core competency in finance its strength to findadjacent innovation to remain can drive meaningful access to basic services, like dynamic. Third, how an organization may actively energy. Using adjacent innovation, we launched seek opportunities for transformational innovation BrightLife, a social enterprise that partners with to remain future-proof. At FINCA, we are building original equipment manufacturers, to develop end- competencies across each of these dimensions. user financing for basic service products to accelerate energy access for poor, off-grid customers. Innovation fueled the growth of FINCA around the world. As the founder and majority owner Looking 10 years out, microfinance will still play of FINCA Impact Finance—a network of 20 a critical role in global development. But what community-based microfinance institutions about access to products and services that are and banks across Africa, Eurasia, Latin America, not yet on the horizon? This perspective demands the Middle East and South Asia—we know what transformational innovation. Through FINCA Ventures, it takes to pair bold ideas with determined we are providing pre- and post-investment support execution. Now, we are innovating at scale to early-stage social enterprises committed to to reach the 1.7 billion adults who remain advancing the quality of life of the world’s poor. In unbanked. doing so, we are actively pursuing and supporting the next generation of game-changing ideas for poverty alleviation.

2 2017 FINCA INTERNATIONAL ANNUAL REPORT BrightLife and FINCA Ventures are innovative And we use machine learning systems to identify programs at the cutting edge of social enterprise and filter out survey administrator bias to ensure and impact investing in emerging markets. In 2017, the voice of the customer is always heard. These BrightLife touched the lives of more than 22,000 innovative tools allow us to gather rich customer Ugandans by distributing solar lanterns and solar insights, which indicate how we are improving lives home systems, clean cookstoves and water filters. and enable us to be more responsive to customer That same year, FINCA Ventures got its start by needs as we grow and scale our programs. partnering with two social enterprises—BioLite and Amped Innovation—that together impacted This, of course, is only the beginning. Innovation is over 50,000 lives in 20-plus countries with not an isolated activity or a one-off program. It is affordable, reliable and modern energy products. our modus operandi. We envision a global network of sustainable and scalable social enterprises Impact is often assumed when talking about that improve lives worldwide. To turn this vision innovation. At FINCA, we use research to rigorously into reality, innovation will fuel all that we do— monitor the social performance of our work to from microfinance to social enterprises to ensure we are delivering deep and meaningful customer research. impact for our microfinance clients and social enterprise customers. To do this effectively, Thank you for your steadfast support and for sharing we approach the question of impact from the our commitment to market-based solutions to customer’s perspective. Our field-based enumerators poverty. Your trust and confidence give us the energy are equipped with cloud-connected tablets to to continuously innovate so that poor people around collect and process customer information in the world may have the opportunity to build assets, real time. create jobs and raise their standard of living.

Robert W. Hatch Rupert W. Scofield Chairman President and CEO

June 30, 2018

Robert W. Hatch, Chairman

+2 million Embracing technology allowed us to grow our client reach by 27 percent year-over-year, surpassing two million total clients served in 2017.

Rupert W. Scofield, President and CEO

INNOVATING FOR BRIGHTER FUTURES 3 FINCAFINCA’S WORLDWIDE PROGRAMS: MICROFINANCE

OUR GLOBAL REACH IN 2017

FINCA Canada

MICROFINANCE FINCA International & FINCA Impact Finance Total clients: 2,071,966 Global Headquarters (+27% growth vs. 2016) Haiti

Total voluntary savings: Honduras $361.3 million Guatemala Nicaragua Senegal Total loans disbursed: Gambia $1 billion Sierra Leone Ecuador Côte d’Ivoire Ghana SOCIAL ENTERPRISE Democratic Republic of the Congo FINCA Ventures: 2 portfolio companies impacting 50,750 lives in 22 countries

BrightLife: 6 clean energy products impacting 22,323 lives in Uganda

RESEARCH

Conducted 30 studies in 20 countries, surveying 33,136 clients, resulting in 1,186,710 customer data points for evaluating our impact*

4 2017 FINCA INTERNATIONAL ANNUAL REPORT *Includes all internal and external surveys conducted by FINCA’s research team. FINCA UK

Kosovo Georgia Azerbaijan FINCA International & Kyrgyzstan FINCA Impact Finance Global Headquarters Tajikistan Armenia Afghanistan Mali Pakistan Burkina Faso Jordan

Nigeria Cameroon Myanmar Rwanda Ethiopia Kenya Uganda Democratic Tanzania Republic of the Congo Malawi Zambia

Zimbabwe Madagascar

Mozambique

With the launch of FINCA Ventures in 2017, our global footprint has greatly expanded. In addition to the 20 countries served FINCA Impact Finance subsidiaries by FINCA’s microfinance institutions and banks—collectively known as FINCA Impact Finance—FINCA Ventures portfolio FINCA Ventures portfolio operations companies are delivering life-changing products and services Both in 15 more countries. This world map reflects the breadth of impact made possible by our supporters.

INNOVATING FOR BRIGHTER FUTURES 5 PROGRAMS | MICROFINANCE

INNOVATING THROUGH FINANCIAL TECHNOLOGY

As the founder and majority shareholder of FINCA Impact Finance—a global network of 20 community- based microfinance institutions and banks—FINCA International is enabling access to responsible and innovative financial services for low-income clients. To reach more people, drive greater efficiency and reduce costs, FINCA is using financial technology (“fintech”) innovations to transform finance in underserved markets around the world.

Fintech Solutions Across the FINCA Network

Mobile banking: Mobile banking technology Credit scoring: For the unbanked, the lack of and e-wallets help low-income clients save formal borrowing history hinders their ability time and make secure transactions anytime to access capital to grow businesses. FINCA and anywhere. In 2017, mobile banking is testing alternative credit scoring derived accounted for 14 percent of all transactions from psychometric and mobile data to across the FINCA network. expand financial inclusion.

Agent banking: In areas where FINCA Biometrics: Point-of-sale (POS) machines does not have a physical presence, utilizing fingerprint scans allow clients to banking agents help extend our reach. access their FINCA accounts safely, giving Local merchants are equipped with them security and control over their money. portable devices that connect to FINCA’s bank network and customer accounts. Digital field automation:FINCA credit Banking agents processed nearly 38 percent officers are equipped with digital tablets for of FINCA clients’ transactions in 2017. clean and consistent data collection. Cloud technology helps to automate credit scoring and loan processing.

6 2017 FINCA INTERNATIONAL ANNUAL REPORT Fintech Expands Financial Inclusion in Pakistan

Only 21 percent of adults in Pakistan have access to formal financial services. To change this, FINCA Pakistan launched SimSim, the country’s first free mobile e-wallet that expands access to financial services by digitizing payments. Anyone with the app can easily pay their utility bills, transfer funds, add mobile airtime, purchase bus fare and much more using just their phone. This means FINCA clients can also conduct their banking without visiting a bank branch.

Not only does SimSim make day-to-day financial transactions easier, but also it helps entrepreneurs build a credit history. This allows unbanked or under- banked Pakistanis to prove their creditworthiness, which opens the door to broader financial services— like small loans—that can finance business startup or expansion. Launched in September 2017, SimSim now has more than 185,000 users.

% INNOVATION IN ZAMBIA 21 After graduating from university, Only 21 percent of adults in Suwilanji Moomba (above) realized Pakistan have a financial account. it was difficult for young people This number falls to just 7 percent to get ahead. Many of her peers for Pakistani women. were among the 72 percent of Africans under the age of 25 who are unemployed or underemployed.

Agency Banking Brings Financial Services Searching for an opportunity to grow, to Zambians and Beyond Suwilanji became a FINCA banking agent in Zambia. The commissions FINCA is using banking agents to reach deeper into she earns as an agent have allowed underserved markets. Agents are local merchants or her to not only support herself shopkeepers who facilitate financial transactions on but also to pursue other business behalf of FINCA using point-of-sale devices that allow ventures. And most significantly, clients to identify themselves using just their fingerprint. Suwilanji employs seven other young people in her community, creating More than 1,800 agents across the FINCA network put jobs where opportunities are scarce. deposit and withdrawal services within walking distance, saving clients precious time and money. And since “Employees come to me and agency banking is the primary cash-in/cash-out point say, ‘You don’t know what for FINCA clients—particularly in Africa—it is a critical you’ve done for my family.’” delivery channel for reaching the world’s unbanked.

Photo (opposite page): Dawn Deeks; above right—David Soll INNOVATING FOR BRIGHTER FUTURES 7 Like many developing countries, Mobile Savings Product Reaches 100,000 TanzaniaINNOVATION has relatively IN TANZANIA low financial Tanzanians in Three Months and digital literacy. To encourage Like many developing countries, adoption of this new mobile savings Tanzania has relatively low financial More than two-thirds of Tanzanians still live in rural areas. product, women like Salama Msumi Consequently, few live near a bank branch or other and digital literacy. To encourage received hands-on training from a financial service outlet. It is no surprise, then, that just adoption of this new mobile savings HaloYako community mobilizer. 21 percent of Tanzanians hold a formal bank account. product, women like Salama Msumi (above) received hands-on training This level of outreach allowed Salama To help scale the reach of financial services, FINCA from a HaloYako community mobilizer. to quickly open an account from the partnered with Halotel, a mobile network operator, convenience of her phone without to launch a first-of-its-kind mobile savings product, This level of outreach allowed Salama having to leave her neighborhood. She called HaloYako. to quickly open an account from the isconvenience already using of herthe phoneplatform without to set With a free account, FINCA clients in Tanzania can asidehaving future to leave investments her neighborhood. for her small conveniently and securely save money to a mobile business.She is already Now, using Salama the hasplatform the power to set wallet using a basic feature phone. They can even set ofaside financial future investmentsautonomy in for the her palm small of savings targets—like paying for a child’s education— herbusiness. hand. Now, Salama has the power to encourage a behavior of saving. As clients achieve of financial autonomy in the palm of their financial goals, they will earn free mobile airtime Ither took hand. FINCA 20 years to reach for making calls or sending text messages. 900,000 clients. In just three months, theIt took HaloYako FINCA 20mobile years savings to reach product900,000 reachedclients. In 100,000 just three savers. months, This Rapid scaling is made possible by forging rapidthe HaloYako scaling ismobile made savings possible by partnerships and embracing innovative forgingproduct partnerships reached 100,000 and savers.embracing This rapid scaling is made possible by digital financial services. innovative digital financial services. forging partnerships and embracing innovative digital financial services.

8 2017 FINCA INTERNATIONAL ANNUAL REPORT Photo: Clemence Sinkamba Medical Insurance for Women and Children in Guatemala

For FINCA clients around the world, saving for medical expenses is often a top priority—right up there with paying for a child’s education. Yet, for many, accessing basic health care remains a challenge. 20,000 Nearly 20,000 FINCA clients and their In most of the markets where FINCA works, public hospitals family members are now able to access and clinics are severely underfunded, and private clinics the life-saving health care they need. are hard to reach or too expensive. On top of that, the poor face many health problems, including a high prevalence of chronic malnutrition and maternal and child mortality.

To provide solutions and help poor women and children GUATEMALA obtain the medical care they need, FINCA launched a medical insurance program for Village Banking™ clients in Guatemala. Clients can choose between an individual or family plan that covers general medicine, pediatrics and gynecology services. The program is available at all 29 FINCA branches in Guatemala.

INNOVATION IN GUATEMALA

Ana Bella Esperanza (left) oversees a small factory producing souvenir notebooks, purses and laptop cases in Amatitlán, Guatemala. She began the business with the help of FINCA loans, and today employs 11 workers. Ana also enrolled in FINCA’s medical insurance program. For less than $2 per month, Ana, her spouse and their three children all have health coverage.

Margarita Castillo, a small convenience store owner, also finds the new service useful for her children, especially since her daughter recently had to have her appendix removed. She especially likes being able to access doctors at private clinics. “At the health center or the hospital, you have to wait a lot. But with private doctors, they attend to us quickly.”

Because of this new offering, nearly 20,000 FINCA clients and their family members are now able to access the life-saving health care they need.

Photo: Dawn Deeks INNOVATING FOR BRIGHTER FUTURES 9 PROGRAMS | SOCIAL ENTERPRISE

INNOVATING THROUGH PARTNERSHIP

For over three decades, FINCA has provided responsible and innovative financial services to low-income clients around the world. To catalyze greater resilience and opportunity for poor families, we are looking more deeply at access to basic services—like energy—and considering the role finance and social enterprises may play. This is achieved through two programs—BrightLife and FINCA Ventures—that complement our microfinance work by expanding financial inclusion and access to basic services through strategic partnerships. Altogether, these initiatives advance sustainable solutions to help low-income families achieve a better standard of living.

BrightLife is Building a Bridge to Financial Inclusion for Ugandans

As of 2017, 1.7 billion adults globally remain credit through pay-as-you-go (PAYGo) financing, an unbanked. Almost as many people—1.2 billion— otherwise unaffordable product is suddenly within lack electricity. And more than double this number reach for a poor customer. At the same time, PAYGo —2.8 billion people—burn charcoal, wood, financing allows an unbanked individual to begin kerosene or dung to prepare meals and heat their to build a credit profile. This then opens the door homes. These issues—financial inclusion and to more comprehensive financial services at a local energy poverty—are, in fact, linked. It turns out microfinance institution—like FINCA Uganda— that access to energy requires meaningful access with broader credit and savings options. to finance. BrightLife leverages FINCA’s finance expertise to help This is where FINCA’s BrightLife program fits in. the world’s poor climb both the financial inclusion By offering access to clean energy products, like and energy ladders, which unlocks productivity and solar home systems and improved cookstoves, on boosts local economies.

10 2017 FINCA INTERNATIONAL ANNUAL REPORT SPREADING LIGHT WHEREVER SHE GOES

Brenda Nansasi (opposite page in blue) joined FINCA’s BrightLife program as a commission-based field agent. She quickly grew her client list from 50 to more than 400, an achievement that earned her a promotion to field supervisor. Today, she mentors and oversees a network of field agents who visit off-grid families providing product demonstrations, education, distribution and after-sales support. This promotion not only gave Brenda a stable income, but also medical insurance for her family. “I have two children, ages three and seven,” said Brenda. “When I was still an agent, one of my children needed major surgery, which I had to pay for out of pocket. But now that I am a salaried employee with full benefits, I don’t have to worry about facing such a financial hardship again.”

Brenda and her family are not the only ones benefitting from BrightLife. One of her customers, Joy, is a widow who purchased several BrightLife products. “Joy began by taking a solar lamp for her business to extend her income-earning hours,” Brenda said. “Then she bought one for her home. As her business grew, she even purchased a clean cookstove. Her family is healthier and safer as a result.” In honor of her tireless efforts in the community, Whole Planet Foundation recognized Brenda with a Field Officer Appreciation award in 2017.

2017 BrightLife Product Lineup

Solar Lighting

Solar Lantern: 72 hours of high-power light after a single day of charge. Ideal for studying, home lighting and safe movement after dark given its portability.

Solar Lantern with Phone Charger: Up to 36 hours of light plus charging capability for two phones.

Solar Home System: Simulates household grid electricity access by offering three lights and one USB port for phone charging.

Improved Cookstoves

Charcoal Cookstove: Fastest boiling charcoal stove on the market. Offers 58 percent fuel and money savings, 50 percent faster cooking, and 56 percent reduced toxic emissions.

Wood Cookstove with Phone Charger and Light: Advanced, ultra-clean stove that cuts toxic emissions by 90 percent and reduces wood use by 50 percent. Heat from the stove generates electricity for charging a phone and powering the built-in light.

Clean Water

Ceramic Water Filter: Removes 99.9 percent of germs for safe drinking water. Does not require water to be boiled or the use of electricity, and no maintenance is needed.

Photo (opposite page): Dawn Deeks INNOVATING FOR BRIGHTER FUTURES 11 FINCA Ventures is Expanding Access CLIMBING THE ENERGY LADDER to Basic Service Products Jane Namusisi is a 54-year-old Ugandan Lack of access to finance underpins many of woman. She lives with her daughter, the hardships faced by the world’s poor. That is Emily (opposite page), and helps raise why FINCA has, for decades, given small loans her three grandchildren, ages 11, 10 to hardworking entrepreneurs. and 3 months.

But what happens when people don’t have Like most families in Uganda, Jane’s access to even the most basic services—like household is not connected to the energy, sanitation, education and health care? electric grid. They are forced to rely on hazardous and expensive kerosene to FINCA Ventures exists to meet the basic service light their home and to prepare meals. and financial needs of low-income families. An impact investing initiative, FINCA Ventures One day, a neighbor introduced Jane supports the growth of early-stage social to FINCA’s Village Banking™ program. enterprises delivering essential product Small loans allowed Jane to invest in innovations for the poor, like modular solar her quarrying enterprise, and she used home systems and improved cookstoves. the profits to purchase a solar lantern through FINCA’s BrightLife program. FINCA Ventures aims to accelerate the growth This lantern provided safe lighting for of social enterprises developing goods that align Jane’s grandchildren to study at night, with FINCA’s charitable mission, thus fostering and it also supplied residual energy to a market for extremely affordable, high-quality charge her mobile phone. and life-improving products and services for the bottom of the pyramid. Impressed by the positive impacts on her family’s wellbeing, Jane upgraded In its first year, FINCA Ventures partnered with to a solar home system designed by two social enterprises that create products FINCA Ventures partner company, for low-income, emerging market customers: Amped Innovation, with enough lights to illuminate her two-room house. Amped Innovation: Designs solar home Because the system is modular, systems and DC-powered productive Jane can add more lights and even use appliances to help those living appliances over time. under $4 per day grow their wallets.

BioLite: Manufactures clean-burning, “With kerosene lamps, I worried the electricity-generating cookstoves and children would get burned in the solar home systems for off-grid use. house or there would be damage to my property or about getting sick. Now, my grandchildren use the solar lights at night to study.”

FINCA Ventures supports the growth of early-stage social enterprises delivering essential product innovations for the poor, like modular solar home systems and improved cookstoves.

12 2017 FINCA INTERNATIONAL ANNUAL REPORT FINCA Ventures Portfolio Company Spotlight: Amped Innovation

In early 2017, FINCA Ventures formalized a partnership with Amped Innovation. Amped designs extremely affordable solar home systems and productive use appliances for people living under $4 per day. The company’s products boast six times the power handling of competing solar lighting systems at just one-third the cost. Amped’s products are being sold and tested in 20 countries, largely in sub-Saharan Africa.

In Uganda, where Amped relies on third-party sales, distribution and financing to reach customers, FINCA’s BrightLife program is bringing Amped’s high-quality products to end users.

Why We Partnered with Amped

Amped has a remarkable team that is committed to building the highest quality, most cost-effective products that are affordable to those living at the bottom of the economic pyramid. Also, the modular design of Amped’s products and focus on income-generating, productive use appliances can help a low-income, off-grid family to grow their wallets and climb the energy ladder. Further, the collaboration between FINCA and Amped demonstrates how financial services are crucial to unlocking energy access. Not only is FINCA an investor in Amped, but also its distributor and end-user financing provider in Uganda, leveraging PAYGo technology to make Amped’s products accessible to the poor.

Photo: Dawn Deeks INNOVATING FOR BRIGHTER FUTURES 13 PROGRAMS | RESEARCH

INNOVATING THROUGH BETTER FIELD DATA AND CUSTOMER-DRIVEN RESEARCH

Customer research is part of FINCA’s drive to ensure that innovation translates into concrete benefits for our clients. Our research tools are designed to give our customers a voice, to listen to them better, and to share those insights with our partners and stakeholders.

As researchers, we can only succeed or fail by the quality of our data. Driven by our commitment to sound data, we developed ValiData (patent pending), a cloud-based research platform for collecting and analyzing field data. This unique solution uses machine learning to detect outliers and overcome enumerator bias to generate the highest-quality data. Paired with our user-driven research methodology, ValiData ensures we approach the question of social impact from the customer’s perspective.

Meeting Women’s Financial Service Needs through Rural Banking Agents

FINCA studied the impact of agency banking in the Our research shows that putting service points near Democratic Republic of the Congo (DR Congo). women is not enough; we must also offer them the The aim was to understand who is using the service, right services for their needs, which can be quite how and why. We found that these banking agents different from men. Helping women achieve their play a critical role in improving financial inclusion goals is the essence of FINCA’s mission, and a big for women—especially poor women. This has reason why we will continue expanding a network important implications for FINCA’s mission: agency of banking agents. banking can reach rural women while driving outreach toward those who need it the most.

CUSTOMER RESEARCH IN THE DR CONGO

Most women using FINCA’s banking agents in the DR Congo are single, and half of them live below the national poverty line of $75 per month. This stands in contrast to male clients who are overwhelmingly married and better off socioeconomically. FINCA’s female clients in the DR Congo are also more likely than their male counterparts to be self-employed.

Our research showed that our female clients in the DR Congo have Most women using FINCA’s banking agents in unique financial service needs. Nine out of 10 women are using agency the DR Congo are single, banking to accumulate savings since the agent network makes it easier half of whom live below to make small deposits. As a result, we are helping women transition the national poverty from informal savings (e.g., money kept under a mattress) to formal line of $75/month. savings (e.g., money kept in an account). And the long-term benefits to the women are enormous, as our female clients have told us that when they open a savings account they have specific goals in mind: growing a business, investing in household assets or paying for a child’s education.

14 2017 FINCA INTERNATIONAL ANNUAL REPORT BrightLife Customers Report Improved CUSTOMER RESEARCH IN UGANDA Safety and Health The typical BrightLife customer is a 45-year- From May–September 2017, FINCA completed old rural woman supporting seven children, its first comprehensive study of BrightLife which is larger than the average Ugandan customers in Uganda. Our goal was to understand family. She is most likely also a microfinance the impacts that customers attribute to their client of FINCA Uganda, and is using her BrightLife products—solar lanterns, solar home BrightLife products for domestic purposes. systems and cookstoves—and what FINCA can Here is what else we learned: do to maximize those benefits. 90 percent of households The key benefits that BrightLife customers reported enhanced safety due reported related to household quality of life, to a reduced risk of house fires, including improved safety, health, enhanced burns or robberies at night. productivity, and better communication and connectivity. 85 percent of households claimed improved health, especially better eye and respiratory health, and less Additionally, some BrightLife customers toxicity and burns. reported positive changes in economic well-being, including reduced household 80 percent of cookstove customers expenditures, income gains, and job creation. said they saved time—up to 50 minutes per day—on food preparation, allowing them to address other family needs.

60 percent of solar customers have eliminated expenses for charging a mobile phone.



Photo: Dawn Deeks INNOVATING FOR BRIGHTER FUTURES 15 BOARD OF DIRECTORS AND SENIOR MANAGEMENT

FINCA’S LEADERSHIP*

FINCA International Senior Management FINCA Canada Rupert W. Scofield, Board of Directors Board of Directors President and CEO Robert W. Hatch Rupert W. Scofield (Chairman) (Chairman, Founding Member) Ami Dalal, Vice President, Linda Wolfond John K. Hatch Social Enterprise Innovation Jacquie Green (Founding Member) Soledad Gompf, Michael Green Rupert W. Scofield Senior Vice President and Soledad Gompf (Founding Member) Philanthropy Advisor Debra Spagnola Richard M. Williamson Scott Graham, (Founding Member) Director of Customer Research Kirsten McElgunn John Elkins and Field Data Services Fred Di Blasio Amanda Ellis Debra Spagnola, Senior Management Peter Epp Chief Financial Officer Stéphanie Émond, Colleen Zakrewsky, Harold D. Jastram Executive Director Chief Development Officer Agrina Mussa James Semakadde FINCA United Kingdom Dr. Fred Seymour Board of Directors Charles Trevail Rupert W. Scofield (Chairman) David E. Weisman Steven McGuire Her Majesty Queen Mahdi Yahya Rania Al-Abdullah of Jordan (Director Emeritus) Karen Snow Peter Weiss

16 2017 FINCA INTERNATIONAL ANNUAL REPORT *As of June 30, 2018 PRIVATE AND PUBLIC SECTOR PARTNERS

FINCA’S PARTNERS

FINCA International is grateful to all the corporate, foundation, bilateral, multilateral and other partners who support our work on long-range and large-scale initiatives. Our partners lend significant financial support, as well as technology and know-how. They help us enter new markets, deliver new products and services, and improve the efficiency and effectiveness of our operations.

Private Sector Partners Public Sector Partners

The Bill & Melinda Gates Foundation ÉLAN RDC Clifford Chance Foundation Financial Sector Deepening Tanzania Credit Suisse Financial Sector Deepening Uganda FMO­—Dutch Development Bank Mastercard Foundation GIZ (Deutsche Gesellschaft für Internationale Zusammenarbeit) Mastercard Worldwide Global Affairs Canada NetHope, Inc. International Finance Corporation The Peter Gilgan Foundation International Fund for Agricultural Development Thomson Reuters Foundation TrustLaw Regional MSME Investment Fund for Sub-Saharan Africa Whole Planet Foundation United Nations Capital Development Fund WildHearts United States Agency for International Development United States Department of Agriculture

Photo: Dawn Deeks INNOVATING FOR BRIGHTER FUTURES 17 FINCA INTERNATIONAL FINANCIALS

2017 FINCA INTERNATIONAL FINANCIAL SUMMARY

2017 Consolidated Statement of Activities*

FINCA International is a 501(c)(3) not-for-profit corporation registered in the State of New York. Our revenue comes from the microfinance operations of FINCA Impact Finance in 20 countries, as well as from grants and donations needed to help fund our work.

3% 1% 10% 4% 1% 1%

2 017 2 017 OPERATING OPERATING EXPENSES REVENUE

96% 84%

Total 2017 Expenses: $305,123,147 Total 2017 Revenue: $339,617,464

Program services 96% Cash grants and donations 4% Fundraising 1% Services and gifts in kind 1% General and administrative 3% Program interest income 84% Grants and contracts, including federal govt. 1% Fees and other program income 10%

FINCA International’s financial statements on pages 18 and 19 were prepared according to the United States Generally Accepted Accounting Principles (GAAP). Copies of the audited financial statements are available on our website at FINCA.org/about-finca/financials/.

18 2017 FINCA INTERNATIONAL ANNUAL REPORT *Full copies of the Audited Financial Statements are available at www.FINCA.org. 2017 2016 Operating Revenues Contributions: Corporate, foundation and individual giving $13,461,481 $12,668,899 Services and gifts in kind 4,422,363 2,953,678 Programs: Interest income 283,750,994 287,783,222 Grants and contracts, including federal government 4,547,318 6,874,920 Fees and other program income 33,435,308 29,099,563 Total operating revenues 339,617,464 339,380,282 Operating Expenses Program services (291,718,833) (320,561,259) Fundraising (4,160,434) (3,324,335) General and administrative (9,243,880) (13,704,640) Total operating expenses (305,123,147) (337,590,234)

Income tax expense (13,230,591) (17,562,140) CHANGE IN NET ASSETS BEFORE NONOPERATING ITEMS 21,263,726 (15,772,092) Nonoperating income (expense) 1,154,710 (2,229,907) Investment and foreign exchange loss (252,991) (2,543,366) Pension-related changes other than net periodic benefit cost gain 258,142 187,179 Translation gains of foreign operations 3,014,155 2,103,521 Fair value reserve revaluation (41,805) 141,448 CHANGE IN NET ASSETS FROM CONTINUING 25,395,937 (18,113,217) OPERATIONS AND BEFORE NONCONTROLLING INTEREST Loss from discontinued operations (5,046,945) (513,989) Dividends to noncontrolling interest — (161,000) CHANGE IN NET ASSETS 20,348,992 (18,788,206) NET ASSETS—beginning of year 225,026,128 243,814,334 NET ASSETS—end of year $245,375,120 $225,026,128

Source: 2017 Audited Financial Statements INNOVATING FOR BRIGHTER FUTURES 19 CONTRIBUTORS WHO SUPPORT OUR MISSION

FINCA SUPPORTERS

FINCA International is deeply grateful to its contributors who, through their support, have strengthened our mission and expanded our reach in 2017. We are inspired that you share our commitment to market-based solutions to poverty, and honored that you have chosen to make a lasting difference through FINCA. While we are unable to acknowledge all donors on the following pages, on behalf of over two million FINCA clients worldwide, please accept our sincere thanks.

$100,000 and above Charles and Imelda Trevail William McGlone and Lisa Ruskowski Anonymous Peter Weiss Eileen and Bob O’Leary Camille Caliendo* Lynne and Archie Palmer Irene Chayes* $10,000-$24,999 Paradise on Earth Fund Nancy and Robert W. Hatch Anonymous (6) Merrie Petteys and William Campbell The Hershey Family Foundation Eric and Cindy Arbanovella Ray Benton Family Fund Harriet Mills* Carol and Dennis Berryman Mark and Pam Sibley Carol Natella* John Bloom Rosalie Swedlin and Robert Cort * Peter Gilgan Foundation Harold Boyce Allan Taylor* Marguerite Rider* Stanlee and Elizabeth Brimberg Alexander Templeton Joan Carlson Jack Tull and Mary Nye $50,000-$99,999 Constance Holcombe Adam Waldman Irrevocable Trust Anonymous (3) David Weisman and Dume Wolverine Foundation Frank Alberti* Jacqueline Michel Fay Dresner The Diana Moore Foundation Emily Williams Nancy and Lawrence Fitzgerald * * Elizabeth Williams Maureen Roberts Florence C. Wertz Trust Jane Williams* Morton and Teri Salomon Cameron and Diane Fowler * Edward and Barbara Wilson Betty Standiford Jacquie and Michael Green Ryan Wise and Leslie Brunner William and Barbara Guensche Linda and Greg Wolfond $25,000-$49,999 Timothy and Amy Guth Pedie and Mel Wolfond Anonymous (3) H. van Ameringen Foundation James and Carole Wortley J. Keith Behner and Betty Hess* Catherine Stiefel Karen Buchwald Wright and InFaith Community Foundation Eric Chern Tom Rastin InMaat Foundation Arline Denny* Cary and Lynn Yeh Jeri and Jeffrey Johnson Terry and John Elkins The Kristie Charitable Foundation Peter Epp $5,000-$9,999 Wayne and Karen Lattuca Bert and Candace Forbes Anonymous (11) The Leibowitz and Greenway Laurie Adams Dr. John K. Hatch Family Charitable Foundation Renee and William Agnew Alexandra Maldutis Torben Lorenzen Allen & Marion Lambert Fund Kathryn and T. Douglas Lynn Gordon and McQuade David E. Simon Fund Alpern Family Foundation, Inc. Otto Spoerl* Enid Margolies* Kent Bach The Spurlino Foundation Mary and John Grant Foundation Patricia Beckington

20 2017 FINCA INTERNATIONAL ANNUAL REPORT *denotes deceased Phyllis Bischof Faith Gabert Marilyn McCloskey Karlfred Bloom Rolf and Julie Goetze Thomas and Marilyn McLaughlin Shirley Branch Albert Green Jay Miller Marion Brannon Barbara Haroldson Virgina Moore* Mary Brown John Harper and Ellen Tohn Mouat Charitable Trust David and Barbara Burns Kate Hawkins Joseph Murphy and Naomi Winick Elizabeth Carabillo Robert Heinrich Nararo Foundation Robert Cardillo and Jill Heathcock Susan and Craig Hennessey Liz Northrop and Jim Arthur Sherman and Patricia Carll Sue and Ralph Hoevelman John and Mary Beth O’Brien John and Kyra Carswell Robert Hulter The P & P Murray Foundation Janan and Alan Carter Keith Johnson Paul & Pearl Caslow Foundation Stephen Charles Kalan Foundation Charlotte and Charles Perret James and Eithne Chuchel Joyce King Pam Woodley and Perry Mitchell Clifford Foundation, Inc. Ernest and Karen Koenig Jim Price Cook Callendar Sayeed Philip Konort Aaron and Arleen Priest Foundation Beverly Krivokapich and Judith Ring Emmanuel Crabbé and Kerry Glenn Ducat Reinertsen Rita Rodriguez and Eugene Carter Nancy Lamb Francis and Germaine Czarnecki Ruth Rollins Eileen and Thomas Landry Daniel Lynch Foundation Mary Clark Romney and Thomas Lehrer Edward Hauck Larry and Joyce Dare Mary Linton-Mitchel* Roy and Roberta Barr Family Martha Davis and Alix Ritchie Foundation Arthur Lipson and Walter and Atha Dickenson Rochelle Kaplan Scott Family Foundation at BenefAction Foundation The Domenico Paulon Foundation Richard Lundy and Teri and Richard Dykzeul Lucille Goodwyne Fred and Marggi Seymour Richard Fink MacInnis Family Foundation Lorraine Sharpsteen Rebecca Frederick and Christine and Francis Martin Ronald and Judith Shaw Trina Tjersland The Maureen Sullivan Leigh Stamets E. Gabel and Donald Lateiner Memorial Fund Diane Staves

Photo: Dawn Deeks INNOVATING FOR BRIGHTER FUTURES 21 OPENING A SCHOOL IN A REFUGEE CAMP IN JORDAN

In the education-poor confines of a Palestinian refugee camp in Jordan, Najla Abu Awejdh opened a school. She used FINCA loans to expand the building, which allowed her to serve hundreds of children from first to tenth grade, and to employ nearly 30 staff members. Najla even plans to open a university in the future. “They are not just my students. These are my children.”

$5,000-$9,999 continued Steven Bruckner Gary Ferman Drs. Gretchen Stearns and John and Alice Burgess Walter and K. J. Fortney Richard Weininger Samuel Burr and Eugenie Doyle Benjamin Foster Roxann Stoski Fleurette Carleen Kurt Fox Victor Sutch Carol Tyrrell Kyle Foundation Ann and Alan Frank Thomas J. Hooley Fund for Social Janet Carter Franklin Conklin Foundation Justice of The Saint Paul Foundation Vija Celmins Robyn Friend Alan and Phyllis Vogt Naomi Cohen Marion Galison Francesca von Broembsen and Peter Ver Planck Megan Contakes Carol Garland Isidor Wachstein Raymond Jervis Cooke* Gregory Garst The Warren & Deb Fisher Robyn Daly Charles and Patricia Geiger Charitable Fund Lloyd and Carol Darlington Marika Geoghegan Margaret Watkins Catherine de Madrid and Zephyr Charitable Foundation Marcia Weber and James Flaws Miguel Madrid Andrew Goodstein Mark and Katherine Young Diantha DeGraw Donita Gross Louis and June Desorbo Ken Halvorsrude and Valerie Acuff $2,500-$4,999 Patricia Detrich and Allan Dietrich John and Druscilla Hammond Anonymous (23) Mark Dexter and Deborah Cowley Nisreen Harianawala A. H. Gage Private Foundation Fred Di Blasio Jessie Harris Sally and Donald Anderson Janet Dickerson and Jerry Larson Leslie Harsch Anne Angus Katharine and Mark Dickson Frank and Miriam Hellinger Jefferson Asher Deborah Diebold De Naveja Ralph Herbert Georges Astie Catherine Doll The Hickey Family Foundation Michael and Sompson Betz David DuPont Philip and Marjorie Hill Linda Bowden Kemerer Edwards Judith Hobson Joseph and Susan Bower Stefanie Elkin Mary Huff Cynthia and Joel Bradley Hamilton Emmons Jessie Huffman Walter Brissenden Theresa Estes Monwhea Jeng Edward and Rozann Brittain Peter and Lucy Feniello Paul Johnson and Charles and Joan Brown Evelyn Ferguson Melanie Abercrombie

22 2017 FINCA INTERNATIONAL ANNUAL REPORT Photo: David Soll Roland Jonsson Beth A. and Martin D. Peyer Constance Vanvig* M. Alfred Karlsen Pittsburgh Childrens Foundation Linda and James Venner Tom and Heather Keenan Helen Plante Mark Verlinden Brian Kelleher and Teresa Elizabeth Pollack Dennis Vogt Kelleher Zepeda Joan Procopio Maria Wadlow Toni King Linda and Ahmed Raiss Mary Wagman Rita Kisner Janet and Norvin Richards John and Kimberly Waldron Mr. L. David Knock Mary Richards Margaret Wales Colleen Kochanek Patricia Rohan John Wallace The Koop Family Lynda Rose Barbara Waller Ralph Kosmicke Rudy & Alice Ramsey Foundation John Watts and Carol Petsonk Liza-Lee and George Kremer Joseph and Veda Rugola David and Patricia Weissner Martin Krippl Walter Schepp Dov Weitman Ms. Rosemary B. Kuehne Martha Schiel James Whitley Karen Kustedjo Joe and Angela Schmidt Nancy Whitney Meredith and Joseph Kwiatkowski Barton Schmitt Karen and Stephen Wiel Mildred Leeper Helen Schneider Henry Wieman Josef Leitmann and Reiko Niimi Edwina Schulman Thomas Willett Larry and Donna Lesh Jocelyn and Peter Schultz Anna-leila Williams Lester Poretsky Family David Scruby Mr. Daniel Wolkowitz Foundation, Inc. Scudder Family Foundation Joann Wood Craig and Monette Leva Arvinder Singh Josie Woodman Luck Family Foundation Frank and Katherine Sinton Dr. Tsai Hsing Yu Luschei Outermost Fund Alice Smith Zaitlin-Nienberg Family Fund Robin Lustig Tana Sommer-Belin Mary MacGregor and Alice Star $1,000-$2,499 Phil Lieberman Gretchen Stein Anonymous (152) Laurie Manderino Loren and Carol Steinhauer Rachel Abarbanel Ruth and Michael Margolin Irene Steinman Hossein Abhary Claudia Marrow Steve and Trish Shapiro Family Kristen Abraham Foundation Beverley Martin Marie Acosta Albert and Anne Stewart Kathleen McCarthy Shirley Adams Larry Stolzenburg Donna McMillan and Carrie Blazek Dan Adams John and Susan Tappeiner Sylvia Milosh Gregory Adams and Neskey Family Fund The Elsie Procter van Buren Jill Greenwald Foundation Bonnie New Audrey Ades The Gesher Family Foundation Douglas and Karin Newcomb John and Kathleen Agnew The Ittner Family Fund Peter Newman and Kathy Lang Shelly Ahmann The Martin F. Sticht Charitable Fund Joyce and Roger Nussbaum David Aikens The Susan, Sarah and Nicholas Leslie O’Loughlin Latremoille Fund Elizabeth Ainslie Olson Family Foundation, Inc. Rebecca Thomas and John Pitlick Sarah and Stephen Albright Pacquette Charitable Foundation Wilma Tucker Muse Alice Ericsson Fund William Peery James Tyler Bruce Allan Ann Perkins Margot Unkel David Allen Raymond Petersen Lukas and Karin Utiger Edmund Allen

*denotes deceased INNOVATING FOR BRIGHTER FUTURES 23 $1,000-$2,499 continued Elisabeth Bathgate Susan Blomberg James Allen Dorothy Battles Janice Bloom and Adam Grumbach Allen Simon Fund Robert Bauer June Blotnick and Douglas Sea Susan W. Almy Benjamin and Susan Baxt Jacques and Carole Bonnet-Eymard Edward Alpern Mary Bayard Carol and William Borden Davinder Anand Brenda Beall Joseph and Mary Borzelleca Bradley and Kirsten Anawalt Martin Bebow Marcia and Neal Bosshardt Christine Anderson Karen Beck Joanne Bourgeois Markus and Heidi Andres Rachel Beck James Bouwkamp Jean Andresen Susan Beck Ward Bouwsma Robert Anthony Carol Beechy J Boylan Mr. Alan Appleford Raymond Begin Joan Boyle Morriss Robert and Peggy Arfman Robert and Marie Behnke Barbara Braddick John Armitage Elizabeth Beier and William Braden Diane Armstrong Michael Hirschhorn Norma Bradfish Ken and Grace Armstrong William and Patricia Belardi James Bradley Marlene and John Arnold Ian Bell Barbara Bramble Arthur and Charlotte Zitrin Pamela Bendich Lewis Brannon Foundation Theanna and Gregg Benefiel Dennis Breen Lila Asher James Bennett Frank Breil Narra Asher Ann Bennstrom and Ken Weiss Patrick Brock and Kevin Ashton Herbert and Vassiliki Bensinger Pamela Chase Brock Russell and Carol Atha Frances and James Berger Gord Brocklebank Nancy Atherton James Berger Mark Brodie Stephanie Augustyniak John Bergeron Leo and Vivian Broks Peter Azrak Bert Berkley Veronique Brossier Teresa Babb Bernard Ennis James Broucek Isabel Bader Michael and Arlene Berner Bryan Brown Suzanne Bahmanyar Richard Bernhard Jane Brown Bridget Baird Eleanor and Richard Berry Stanley Brown Tricia Baird Mildred and Joseph Berryman William Brown Charles Baker Susan and Peter Betzer John Bryer Ronald and Dorothy Baker Esther Beynon and James Buchanan George Ball Alfred Metzger Edward Buckley Christopher Ballad Victoria Beynon Michael and Marcella Bungay Stanier Laurie Balmuth Fred and Betty Bialek Jedidiah Burack Foster Bam Judith Billings Jane Bush Stephen and Lynda Bany David Bir Carol Byers John Barber Boris Birmaher Alice Byers John Bare Norbert and Inger Bischofberger Kimiye Cabrera Clarence Barker Mary Bittner Norman and Eloise Cadman Susan Barnett and John Young Hille Blackshaw James Cafritz Antonio and Kimberly Barraco Blattel Family Fund at the Ottawa Community Foundation Margaret Cain Rosemary Barrett and Howard Ulan Thomas Blauvelt Robert Caiola Bassett Foundation Dale and Marla Bleecher Michael Caldwell and

24 2017 FINCA INTERNATIONAL ANNUAL REPORT Carolyn Callahan Wong Choo Lin Florinda Colavin Robin Calhoun Chris and Lori Potter Fund Elaine Cole Robert Callaghan Lee and Amy Christel Sheri and Robert Cole Dr. Joanne Cameron and Janet Christiansen Sarah Coletti Mr. David Cameron Avery Church Joseph Colgan Kenneth Caneva Catherine Churchill Courtney Collins James and Anna Capoziello Rosemarie Ciccarello James and Carol Collins Mr. Michael Caputo and Mrs. Kareen Caputo Martha Ann Clark James Richard Collins John Caramagno Richard and Jean Clarke Terri Colosimo Jerry Carle Charlotte Cleghorn Carol Combs Jean Carlson Robert Clerico Spencer Commons and Martha Gates Daniel Carney Cliff and Deborah White Family Fund Renee Conforte McKee and Paul and Bridget Carns Tim Cliffe David McKee Melissa Cavaghan Donald and Barbara Connolly and Paul Heift James Clover Jennifer Cook Cathy Cavell Lynn Cochran Kay Cooper Nicolas Chagnon Mrs. Kathryn Cochrane and Wai May Chan Mr. Douglas Cochrane Patricia Corbell John Chapman George Cocks Terence Corcoran Brian and Allayne Chappelle Diane and Robert Coderre David Corn Helen Chester Hilary Cohen Dr. R. William Cornell and Mrs. Chloe Cornell In memory of Teng Kin Khok Stanley Cohen Judy Cornwell May Chiu Elizabeth Coker

Photo: FINCA Staff INNOVATING FOR BRIGHTER FUTURES 25 THREE ADDITIONAL SUBSIDIARIES ACHIEVE SMART CERTIFICATION

FINCA’s microfinance subsidiaries in Kosovo, Pakistan and Nicaragua received Smart Certification in 2017. These certifications came after rigorous independent reviews concluded that each of these subsidiaries consistently upheld the highest client protection standards in providing financial products and services. Kosovo, Pakistan and Nicaragua join FINCA’s subsidiaries in Georgia and Kyrgyzstan in having attained Smart Certification.

$1,000-$2,499 continued Norma Davies Lionel and Debra D’Luna Stephen and Luann Corr Jamini Davies Lynne and George Dodd Elizabeth Cotnoir M. Davis Ms. Susan Dodd Laura Courter Peter Davis Doehring Foundation Gary and Ruby Courtland Fred Dawe Paul Doerksen Keith Cowan and Linda Walsh Nicole Dean Brian and Donna Donnelly Stephanie Coyne Paul Debrule Deb Donovan Dorothy Crawford Donna DeDiemar John Dooley Janet Creelman Yvonne Dees Doolittle Fund Calvin and Lois Crow James and Linda Degroot Laurie Doran and Christopher Wasel Jim and Sara Culhane Ann and James Deline Doris Jeanette Foster Cecile Curier Cynthia DeLuca Foundation Charlotte Curry Andres Deluna Jean Douglas Paul and Lynette Curthoys Nora Demleitner and John and Mary Doveton Michael Smith Pamela Curtis Dr. Daniel Hartnett Jeffrey Dennis Robert and Susan Cushman Family Foundation Patricia Dennis Edward Dailey Sandra Drant Ron and Else Marie DePauw Eugene Daily Stephen Drew Richard and Betty Derbyshire Barb Daley Drummy Charitable Trust Kathryn and Brian Derry Diane and John Dalsimer Pierre Duchaine Carol Devoss Suzanne Dalton Beatrice Duffy Margaret Diaz Daniel Davenport Douglas S. and Ann S. Dumas Kay Diederich Patricia Daves Art Duncan Chris Diehl and Saskia Schott David Aronow Foundation, Inc. Ronald Dunham Lisa Jakobsberg and Jay Dinowitz Karen and Harold Dunlap Claudia Davidoff and Joseph Kahan Abigail Disney and Pierre Hauser John Dunn

26 2017 FINCA INTERNATIONAL ANNUAL REPORT Photo: Carlos Alaniz Craig and Sue Dupler Roger Findley Steven Girard Mary M. Dusenbury Becky Finnerty Bertha Gisler Elizabeth Dworschak Frank Finsthwait John Glen Irene and David Dyer Joachim Fischer Maureen and Bob Glick Gerry East Louis Fisher Constance Golas Robert Eberle Louise Fishman and Ann Goldberg Ingrid Nyeboe Walter Eberspacher Ora Goldman Maureen Flanagan and John Eder Ruth and Richard Goldstein William Groneman Tom and Jackie Edwards Emilio and Cecilia Gonzalez Beverly Flowers Doug Eggins Linda Good and William Elfring Dr. Patricia L. Fluhrer Penny Eizenga Susan Goodman Bill Foege Frederick and Kimiko Ek David Goodrich Katherine Foley and Eric Elbers Scott McMahan William Goodwin Connie Ellerbach Marie and John Foley Nancy Gordon Judith Elliot Karen and Michael Folk Diedre Gordon Ellis Goodman Family Eugene Forsyth Ellen Gordon Foundation Ben Foster Jon Graff Nicholas and Nancy Eltgroth Marguerite Foster Gregor Grant Priscilla Elwell and Richard Miller Florence Fowlkes Brian Grant Stephanie Emond Rachel Fraser Dana Grebbien Patricia Engel Fred C Fay II Charitable Fund Pamela Greene Charles Engelke Cassidy Freeman Scott and Linda Greene Eleanor English Beverly and Joseph Fremont Giver Gregg Elaine Epstein Jon and Jeannette French Jean and David Grier Kerstin Essmann Eduard Frensch Linda Griffith and Scott Kellogg Lee Evslin Ian Frensch Davilyn Eyolfson Roger Grimm Eileen Friday Leo Faddis Frank Grobman Edward and Angela Fried Jean Fagerstrom Lori Gross John Friedlander Patricia Fahy Bob and Rosemary Gubrud Julie Falconer Michael Friedson Victoria Guest and Jeffrey Davies Kenneth Falstrom William Friel Kim Guishard Joan Fanning Jed Fuhrman Margaret Guthrie Mark and Karen Farnan Therese Fumich Leslee Hackenson Bobby and Mary Farris Kathleen Gaffney Barton Hacker Konnilyn Feig Evelyn Gaines Mary Haering Friederike Feldmann Lynda Gaines James Hagar Robert and Geraldine Ferguson Katherine Gallagher Robert and Elke Hagge Sidney Ferguson Nancy Gallt Lynn Hagman Ferris Family Charitable Fund Savitri Gauthier and Janice Hale Douglas Fambrough Lydia Fey Grace Hall Katya Gerwein Calvin and Nora Fiedler Avery Hall and Andrea Rogers Christopher Gilkerson and John Field Susan Mathews Kathleen Hall Frances Fields Patricia Gill Webber and Margaret Halleck William Fillmore William Webber Deborah Halliday Spencer Finch Bruce Gillam James and Ingrid Halstead

INNOVATING FOR BRIGHTER FUTURES 27 $1,000-$2,499 continued Jason Hime Allen Jedlicka and Wendy Brudevold Robert Hamilton Daniel Hinkle Marcia Jeffries Barbara Hancock Anita Hirsh John Jendras and Judith Paice Maureen Hand Robert Hodapp P. Q. Jenkins Sherry Handley Marilyn Hoegemeyer Ronald Jericho David Hannay Ken Hoffman Robert and Sylvia Jesperson Alice Hansen Elizabeth Holden David Jette and Cecile Disenhouse Mary Catherine Harling Wilhelmina Holladay Gonzalo Jimenez Mary Ann Harman Patrick and Margaret Holland Beverly and Ken Jinkerson John Harrington Randall Holmes Barbara John Lois Harrington Valerie Holmes Virginia Johnson Katherine Harris Paul Holovnia Carl and Mary Johnson Kenneth Harris Winnie Holzman and Catherine Johnson Fritzi Harry Paul Dooley Cecil and Shawna Johnson William Harter Weldon Honeycutt Donna and Matthew Johnson Peter Hartline and Richard Hornsby Jeanette Johnson Rebecca Kucera Dixie Horton Julia Johnson Margaret Hassett Barbara Houghtaling Mayette Johnston Patricia and James Hassett Mark and Dyan Houghton Mr. and Mrs. Frank L. Jones Craig Hathaway Sally House Robert Jones Paul Haughey Alice Houseknecht Robert Jonic Jon Haumeder Martha Howard-Bullen Lese Joslyn Margaretta Hausman Elwood Howerton Jay and Susan Jostyn Roy and Kay Havenhill James and Kathryn Hoyer Karen Joy James Hayes and Catherine Keig Joel Huber and Christine Edward Juda Mark Haynie and Anne Perry Haynie Jones Huber Judy Judge James Healey Margaret Hudson Patricia Kaiser James and Marilyn Hebenstreit Tamara Hughes Allan Kalish Elizabeth and Owen Hedden Lisa Humbert Karen Kallay Patricia Heil John Hummel and Mary Kanter Virginia Heinrich Cynthia Mark-Hummel David and Renee Kaplan Johann Helllmannsberger Paul Hurd Cathy Kaufman Iger Elizabeth Helsinger Marietta Hurst Fuat Kavak Jacqueline Henderson Robert Hurtubise Ricia Hendrick Tom Huth Andrea Kavaler William and Mary Lee Hendricks David Inge Curtis Kay Bradley and Trudi Hennemuth Joyce Isis Thomas Keane Jeff Herring Elizabeth Ivy Douglas and Phyllis Kedl Earl and Berys Heuer Jackson-Batchelder Fund Betsy Keefer Thomas Heye William Jacobi Julie Keese David Hiatt Catherine Jacobson Lisa Kellett and John Bujouves Charles Hill Harriet Jacobson Ogden and Cindra Kellogg Kelsey Hill Kenneth and Debbie Jaffe Claudia and W. Keith Kennedy Mark Hill James Jamison James Kennedy Tom and Cathy Hill Harold and Melva Jastram Madonna Kennedy

28 2017 FINCA INTERNATIONAL ANNUAL REPORT Audrey and Tim Kenny Scarlett Lacey Donald Levy Mallory Kern Bill Lamoreaux Elisabeth Levy Namsik Kim John Lane Nico Lewine Kingfisher Fund Robert Langejans Drs. Dennis and Anne Lewis Tom Kinraide Eugene and Catherine Lantz Gillian Lindt Gabriela Kiss Dinah Larsen Alan Lindy Rebecca Kissel Jose Latimer Gustaf Linton Gloria Kittel Max and Janet Laudeman Jeffrey Lipkin and Kathleen Anderson Philip Klabunde Trevalynn Lawler* Brian Lisse and Cindy DeRuyter John Klein and Maria Pastoor Benjamin and Betty Leader Mary Little Kathleen Klein Janice Lee Angela Lloyd and Ric Simmons Douglas Kleinsmith Theodore Lee James Lockhart and Janie Mayeron Alan and Robin Kluger Edward and Johnnie Lehman Dorothy Lockspeiser Grace Kolakowski Barbara Leighton John Loeb Stephen Kolodny Margaret and Clarence Leinbach Sandra Long C Kolter William Leininger James Louttit Liesbet Koromzay Karen Leith Mort and Eleanor Lowenthal Susan Koziak Mary L. Leith Jane Lubben Frederick and Marianne Kramer Alfred Lemmo Andrew Lucas Spencer Krueger and Mary Lefevre Paul Lennon Madeline Lunney Judy Krusell and David Landry Leo Model Foundation, Inc. Charles Lynch Steven Kuhn Sheila Leonard Margaret Lysaght Joanne Kunz James and Michele Leonard Marvin and Jane Maas Richard Kurth Paul Leonard Ms. Mary Jane MacAfee Kurtz Family Foundation Trust Judith Lesher Lyn Macbeath Linda Kyser Adrienne Levin Brian MacDevitt Richard Labasky Leslie and Marsha Levine Duncan and Susan Macgregor

Photo: Dawn Deeks INNOVATING FOR BRIGHTER FUTURES 29 $1,000-$2,499 continued Robert and Dorothy McCabe Michael J. and Lucile G. Stephen Family Foundation Robert Macke Michael McCants Madeline Miles Fay MacKinnon Patricia McCarthy Margaret and Gary Miles Antoine Macoule Paul McCarthy James Miley Susan Madian Barbara McCluskey Barry Milgrom Joseph Magee Edward McCrea Margaret and James Miller Keith Magnuson and Patricia Austin McDaniel Charitable Trust Harold Miller Richard and Annette Maiberger Kirsten McElgunn Mary Mills Michal and Margaret Makar Judith McGreevy Alys Milner and Michael Francini Laura Malik Henry McKean Sue and Ian Milnes Suresh Mallikaarjun David McKee Stephen Minus Abdul and Wazifa Mannan Margaret McKee Megan Mistler H. Stanley Mansfield Robert McKee Sandra and John Mitchel Robert Marshall Kevin McLatchie Ronald and Joyce Mitchell Tim Martens Alice and Hugh Mclellan Michele Moehring Christine Martin Lynn McMahon Donna Moniz David Martin and Miriam Lezak Mary McMaster Patrick Mooney Lois and John Martin Media Music Corp Dr. Thomas J. Moore Patricia Marton George and Jean Meek JoAnn and Glenn Moore Richard and Barbara Marx Nancy Meier Robert and Dolores Moore Anne and Frank Masloski Thomas Melby Dr. Era J. Moorer Sheila Massey Joseph Mersol Richard Moran Mr. and Mrs. Henry J. Massman Robert Messerschmidt Bozena Moravec Richard and Diane May Barbara Meyer David and Aileen Morgan Steve and Nancy McAlister Ruth and John Morton Edward and Elsa Meyer Susan McAllister William Morton

30 2017 FINCA INTERNATIONAL ANNUAL REPORT Photo: Dawn Deeks Elizabeth Moser S. Obenshain Gary Pierce Margaret Moses Marianne and John O’Brien Malcolm Pike Carolyn Moss and October Farm Heather and Erik Pilmanis Daniel Hawkins Susan Oesting Douglas Pinto James Moulton Robert O’Farrell Sergio Piomelli Lou Moyer Beth Ogilvie Xavier Pi-Sunyer and Peter W. Moyer Stacey Ohm Penelope Pi-Sunyer Frank Muckler Jane Olsen Hanna Pitkin Kevin Mulcahy and Brian Olson Louise Plank Jane Nowakowski Gregory and Gloria Olson Richard and Orah Platt Christine and James Murakami Jeff Olson Pledgeling Foundation James Murphy Donna Oman Roger Podesta James and Lorna Murphy M. Emmett Omar Mark Podrez Karen Murphy Michael and Mary Oothoudt Mary Poe and Dennis Revichi Carolyn Murray Stephen Osborn Steve and Robin Pollens John Murray Vanessa Osbourne Lisa Pomerant William and Jane Murray Christopher Osgood John Poole David and Melanie Mustone * Joshua Otlin Mary and John Porbeck Richard Muth J. Douglas Overstreet Elizabeth Porcello Jan Myers William Owens Mr. Alexis Porras N. A. Taylor Foundation Alan and Virginia Pabst Dorothy Porter Jill Nagorniak Patricia Padgett Elizabeth Post Vinay Nagpal Mary Ann Padol Bruce Pottash and Scott Ferguson Uday and Sangeeta Naik George and Joyce Parker Lucy Potts Jeffrey Nareski Dr. Rebecca J. Parsons Z. Powell Daryl Nees Y. R. Patel Katherine Prendergast Kathleen and Edwin Neill Rolf and Linda Paulson Sally Prestele Barbara Nelson Ellen Payzant Randall Presuhn and Carmen Nelson Timothy Nguyen Alice Peacock Lola Nelson Ms. Jennifer Price and Ms. Jill Pearlman Scott and Lisa Nelson Mr. Tony Hunter Jeanne Peck Paul Nevins Jill Price Paul Pelletier Jean Newcomb Kurt and Mary Jean Pronske Gary Pelton Jane Newman and Amy Lange Daniel Purcell and Heather Hanly Penny and John Pepperell Steelie Newomon John Purkiss Charles Perez Allen and Joan Niles Roberta Quiat Lieve Perneel Kay Noel Patrick Quilter Marjie Persons Sarah Nordquist Karen Radius Michelle Pervaiz Ms. Julie Norwell and Kenneth Raedeke Mr. Russell Charlton John Pfister Thomas Raedler Tori Nourafchan and Quynhanh Pham Raenorian Enterprises Fund David Rosenstein Philip & Susan Greenberg Fund Mary Ragsdale Genaro and Carmen Novoa Philip and Daniele Barach Joan and Larry Rahm Family Foundation Dan Nowlan William N. Raiford Paul Phillips Harold and Isabelle Oaklander Mary Raines Gwynedd Pickett Joseph Obegi Elizabeth Rajam

*denotes deceased INNOVATING FOR BRIGHTER FUTURES 31 $1,000-$2,499 continued Laura and Keith Rothman Warren Schneider Mark and Jacquelyn Ramba Wendy Rothwell Barbara A. Schreffler Carol Rathe George and Mary Rotter Theresa Schreiner Mr. and Mrs. Paul H. Ravenna Susan Routt Thomas Schupp Ann Rawley Kevin Ruddell and Heather Kroll Kenneth Schutte Norman Ray and Helen Yamada Adelheid Ruettimann Gary Schwartz James Ray Kenneth Rule Roy Schweyer J. Reck Lee Ann Rummell John Schwiebert Rosemary Regis and Paul Rusonis Pauline Scott David Deramus Justine and William Russell Susan and Bill Scott Carole Reiner Barbara Russell Stephanie Scott Christine Renier James and Marjory Russell Ralph Scoville Deborah Rennels and Judith Russell Diana Scully Angelica Leeds Scott Russell and Martha Delaney Margaret Scully Ursula Reusch Ruth & Jack Glantz Michael and Alison Seaman Daniel Revelle and Laura Curtis Family Foundation Dale and J. L. Seborg Dawn Reynolds Sharon Rutherford Jean Seiler Mary Reynolds Joyce Ryan Paul Self Roy and Heather Riah David Sabih and Anna Swartley Patricia Serio Carol Rice Hunter and Karen Saklad James Seruto Elna Richter Barbara Salas James Seward and Julie Karcis John T. Riecker Saeedeh Salmanzadeh Shahriar and Nicole Shahida Charles and Christine Riggs Stephen Salser Sirely Shaldjian Thomas Rinaldi Krishna Samantrai Ted Shannon Rebecca Ringer and Diane Sanchez William Cohon Harriet Shapiro Mark Sanders Lora and Charles Rinker Elizabeth H. Shattuck Barbara and Robert Sanderson Mr. William A. Ritter Jamie Shaw Phillip Sanger Patricia Roback Donna and Erin Shay John Sapienza Marsha Roberson Carrie Shearer Chris Sarandon Robert & Eleanor Demple Karen Shebaro Family Foundation Ann Satterthwaite Jack Shepard and Jessica Peirce Cynthia Roberts Andrea Sauder Joseph and Barbara Shepard Edna Roberts Joseph Sayre Eric and Carolyn Shettle F. Bruce and Nancy Roberts Nancy Scantland Mary Shields Lorraine Robertson Nelson and Nancy Schaenen Virginia and Robert Shiller Bruce Robertson Ronald Schambach Judith Shinn John Rockwell Scheman Family Fund Alan and Lisa Shusterman Barbara F. Rodes Gerald Scher Martha Sibert Robert Rogers James Scherer Martin and Felicity Sidwell Kathryn Root Joan Scheuer Peggy and Daniel Siegel Stephen Root Elliot and Rosel Schewel Penn Siegel William Rose Juliette and Karl Schick Jane Sieverts Mark and Wendy Rosenblum David Schink Anne Sigleo Douglas Rosenthal John Schley Barbara Simmons Dennis Rossman John and Diane Schlitt Elizabeth Simon Jeffrey Roth and Joanna Katz Rose Rita Schmidt John Simon

32 2017 FINCA INTERNATIONAL ANNUAL REPORT USING FINANCIAL TECHNOLOGY INNOVATION TO CLOSE THE GENDER GAP

On International Women’s Day 2017, more than 150 people gathered at FINCA’s headquarters in Washington, DC to participate in a discussion on women’s financial inclusion. Andrée Simon, President and CEO of FINCA Impact Finance, was joined by thought leaders from CGAP, Mastercard Foundation, McKinsey Global Institute and Savannah Bank to discuss the benefits and challenges of using mobile innovations to empower women with financial services.

Marcel Simon Ronald Steele James Takamiya Leah Simontal* Dave Stein Talmage Family Foundation Michael Simpson Annette Steiner Geraldine and Jerome Tamm Shirley Simpson Peter Steiner Monica Tanuwidjaja Susan Skog Diane and Norval Stephens Alistair Taylor John Slaton Paige and Joshua Sternin Bill Taylor and Marilyn Taylor Stacey Sloan Frances Stevenson John and Nancy Taylor Diane Smith Thomas Stiller John and Pat Taylor Ernest Smith Brett Stineman and Linda Larkin Paul and Margaret Taylor Mike Smith Mary and Mark Stinski William Taylor Steven Smith Mr. and Mrs. E. Marvin Stouffer John Tegan Wesley and Lisa Smith Richard Stout Phoebe Telser Curt Snyder Gary Stowe Robert and Bonnie Temple William Snypes and Suzanne Suter Erik Strahm Harvey Thatcher Polina Sokolova and Eric Smith Edward and Nancy Stuart The Altman 2011 Charitable Lead Annuity Trust Ms. Elaine Galanis Solley Margaret Sturges and The Bretscher Family Foundation James Sommerville Lincoln Draper The Fund for Community Well-Being Lois Sontag Mike Suddaby Scott Sugar The George Lucas Family Alan Sorsher Foundation Annie Sullivan Suzanne Sousan The Jarvey McCord Foundation William Suter Debra Spagnola The Kline Charitable Fund Seiichiro Suzuki Anthony and Helen Spaulding The Larry David Foundation, Inc. Larry and Sophia Svelund Will Spence The Mitchell David Solomon Margaret Spencer Bobbie Swasey Foundation, Inc. Richard and Jill Spitz Judith Sweeney The Patriot Foundation David and Ann St. Germain Carolyn Sweers The Salon Family Foundation, Inc David Stanislaw Doris Sweet The Schultz Foundation, Inc Morgan Stanley Charles Swezey The Wagner Family Charitable Fund Cynthia Steckel Bruce Swomley Bryan Thiessen H. Ellsworth Steele Steve Szymanski and Caroline Zug Bruce and Sandra Thomson

Photo: FINCA Staff INNOVATING FOR BRIGHTER FUTURES 33 LISTENING TO CLIENTS TO MEET THEIR EVOLVING NEEDS

When Sofelet Kachoka Phiri received a FINCA loan 20 years ago in Malawi, it was for just $8. The tiny loan helped Sofelet create a used clothing business. As her business grew and new businesses were added, Sofelet needed new types of loans to meet her evolving needs. Using innovations like digital tablets, FINCA collects client feedback to improve the products and services offered. This made it possible for Sofelet to be the first female client in Malawi to receive a 1 million kwacha ($1,377) loan.

$1,000-$2,499 continued Timothy Vo Nancy and Monty White Peter and Luann Thomson Alice and Jerry Voigt Harold and Carol White Nina and Richard Thompson Carol Voorhees William Whiting Thomas Thueson Gerald and Carol Paul and Shelley Whyte Wahlenmayer Richard and Suzanne Thweatt Harold Wiggers Alastair Wall and Helen Lowry Thomas Tinker Stephen and Margaret Wilcox Dianne Walser-Jebb and Susan and Marcello Todaro Don Williams Michael Jebb Margaret Tolzman Gail Williams Gregory Walter David Tonjes and Karen Galindo Robert Williams Evan and Carole Walters John Tornquist Janet Willis William Warburton Maria and Matthew Tracy Roy Willits Judith Ware Hoa Tran Aletta Wilson Philo Wasburn Earl Trostud Mary and Stanley Wise John Watkins and John Trotter Allison Howard Carl Wittenberg Art Troutner Diane Weaver Karen Wohlgemuth Ann Troy Marion Weber Jean Wolf Judith Tulis Rick Weber Paul Wong Rodham and Mary Tulloss, Peter and Michelle Weeks Neva Woo in memory of Donald Wood Sarah Elizabeth Tulloss Robert and Renate Wegner Linda Wood Patricia and John Turner Mark Weigel Harriet Woods Stephen Updegrove and Steven Weinberg and Kathleen Hayes Georganne Ferrier Anna Wooldridge Drs. Kathryn and Martin Urberg Kenneth Weingardt Gary H. Wright Gala Vaisberg Susan Weiss Sara and Paul Wright Tammy Van Veen Jonathan Weitzman Phyllis Yale and Tucker Taft John and Verna Vander Kooi Linden Welch Artem Yaschenko Ramakanta Velagala Valerie Wendling Roy Yeazel Gregory Vesper Charles Wheatley and Ruth Yeazell Kimberly Reeves Carl VinsonMilton and Shou Yih Judith Viorst Robert Wheatley Peg Yorkin

34 2017 FINCA INTERNATIONAL ANNUAL REPORT Photo: David Soll Jeannine Young World Bank Community Human Rights Project Inc. George and Lisa Youngerman Connections Fund LiUNA Local 183 Kuan Yuan Yatai Food Cart Mile High Friends of FINCA Thomas Zach Mindful Movement Collective Pat Zaharopoulos Foundations Pastoral Ministries at Brooksby Village Joyce Zaitlin American Endowment Foundation Pilgrim Church of Duxbury Elizabeth Zander Burlingame Foundation Salida Fiber Festival George Zbiegien Krembil Foundation United Methodist David Zellmer Marin Community Foundation Microfinance Connection Ed Zerylnick NetHope, Inc. United Methodist Women Hongjin Zhu Renaissance Charitable Adam and Diana Zlotnick Foundation, Inc. Future Makers Circle Virginia Zwaagstra The Bill & Melinda Gates Foundation Caroline Adams Daniel Altilio Corporations The Miami Foundation Karen C. Anderson Amazon The Pittsburgh Foundation Terry Andrews Cache Valley Insurance Inc The Seattle Foundation Alan and Helen Appleford Cadwallader Design, Inc. David Bard Cereal Ingredients, Inc. Government and Multilateral Belinda Barington Clifford Chance LLP Adam Smith International on Deborah Barto Covington & Burling LLP behalf of Elan RDC Richard Batchelder Creation Stands LLC Enhancing Financial Innovation Ann Bein Credit Suisse and Access (EFINA) Dorothy Benavides DSL Legal Financial Sector Deepening Michael and Sompson Betz El- Genk Charitable Fund Tanzania (FSDT) Audrey Beukenkamp Energetic Solutions, Inc Gesellschaft für Internationale Zusammenarbeit (GIZ) Judith and Bruce Billings Gilbert’s LLP Global Affairs Canada Elizabeth Bolotin Google International Finance Joseph and Susan Bower Great Plains Analytical Corporation (IFC) Laboratory, Inc. Rick Browne REGMIFA TA Facility Steven Bruckner Hengeler Mueller UNCDF (United Nations Sally and Leonard Burdock ImpactAssets, Inc. Capital Development Fund) Kenneth Burrows Kirkland & Ellis LLP US Agency for International Deborah Bush Latham & Watkins LLP Development James Caffery Ledroit House Condominium Carolyn Carlat Microsoft Corporation Private Voluntary Diane Cavenee* Midland Llp Organizations Melanie Chadwick National Financial Services LLC Bethany Community / Ladies of Bethany Thomas and Janice Chamberlin Nations Bank Buddhist Society for Heather Chisholm Orrick Compassionate Wisdom Tim Clauss Pic Tec Church of St John Thomas and Kim Cody Right Angles the Evangelist Kay Cooper Sharkawy & Sarhan Law Firm First Presbyterian Church of Kerrville Barbara Crook Success Networks International First Unitarian Church of Don Dietz The Estee Lauder Companies Oklahoma City

*denotes deceased INNOVATING FOR BRIGHTER FUTURES 35 Future Makers Circle James and Janet Kimble F. Bruce and Nancy Roberts continued Douglas Kleinsmith Sara Rothmuller Kathryn DiGiorgio Karen Krick Tracie Rowson Raymond Dobkin Rosemary Kuehne Christie Sanders Susan Dodd James and Leslea Kunz Lynne Schreiber * Dermot Doyle Jeffrey Lalande Rupert Scofield and Norman Dudziak and Margaret and Clarence Lorraine O’Hara Damaris Rohsenow Leinbach Catherine Scott Jean and Richard Eckert James Licata Patricia Serio Nancie and Mauritz Erhard Rosemary and David Logan Mary Ann Sestili Joen Fagan Richard Lundy and Carrie Shearer Jo Ann Field Lucille Goodwyne Wanda Shirk David and Debra Gardner B.R. Marchand Diane Short * Emily Garlin Enid Margolies John Shugars Arlee Geary Sherri McAlindon Nancy Sienknecht Madelaine Georgette Jeannine McCormick Raymond Sinetar Jack Goggin Frances McGown Rhea Singsen * Steve Goldstein Regina Michaelis Mark Smith Margaret Gossage Louise Michlin Nancy Solomon James Grabill Darlene Mikula Robert and Faye Spencer Edmund Grossman Lisa Miller Ruth Stahl John Gustin Terri Mockler Keith Stanley Lindy Guttman and Peggy Moore Mary Steele Bob Stromberg Peter Mullen Sheila Stiles Doris Haggard Delano and Luzetta Newkirk Rebecca Thomas and John Pitlick Charles Hall Peter Newman and Bill and Susie Thorness Marian and Robert Hatch, Jr. Kathy Lang Roger Tiemann Robert and Nancy Hatch William and Marsha Nickels Ann Tiernan Dorothy Hines* John and Margaret Parke Linda Van Buren Maryjude Hoeffel Sandra Perkins and Robin Velte John Hoffman Jeffrey Ochsner Dorothee Verdaasdonk Carol Hollworth Vivienne Perkins-McLean Barbara Wade Thomas Hooley Merrie Petteys and William Campbell Mark Wales Katherine Hufnagel Sally Pierson Thomas Weakley Brian Hughes Katie and Michael Place John Weiss Cynthia Hurd Junius Powell Karen and Stephen Wiel Mona Jibril Denise Price Elizabeth Williams* Keith Johnson William Raiford Priscilla and Rodney Wilson Doresa Jones Linda and Ahmed Raiss Nance Wilson and Clifton Schor Kathy Kaiser John Rau Maxine Wolf Marjorie Kemp Alfred and Connie Remetch Julia Wood Ann Kempees Victoria Repen Josie Woodman Edward and Rachelle Keyserlingk Anna Reynolds James and Carole Wortley Christine Keyt Phillip Richman Lucy Wyatt and John Mattinen William Kilgour Michele Risa Jan Zlotnick

36 2017 FINCA INTERNATIONAL ANNUAL REPORT *denotes deceased SUPPORTING FINCA’S MISSION

WAYS TO SUPPORT

FINCA’s mission is to alleviate poverty through lasting solutions that help people build assets, create jobs and raise their standard of living. Your support enables low-income families to improve their lives and have a positive impact within their own communities.

There are many ways to support FINCA’s work:

One-Time Gift Workplace Your support will help to improve the lives of Support us through workplace giving. Payroll millions of people. Visit FINCA.org/donate. pledge campaigns represent a cost-effective and easy way to support the vital work of FINCA Monthly International. Visit FINCA.org/workplace. Become a monthly donor of $10 or more and create a reliable source of funds that sustain our Future Makers Circle work serving low-income individuals and families Designate a planned gift—such as a bequest— around the world. Visit FINCA.org/sustain. to FINCA International and immediately become a member of our Future Makers Circle. Members In Memory receive recognition on our website, in publications Honor a loved one with a donation in memory or and receive invitations to special events. Visit in celebration. Visit FINCA.org/honor. FINCA.org/legacy.

Stocks & Wires FINCA Advisory Council Make a gift of stocks, bonds or mutual funds. Join a global network of advisors working together Visit FINCA.org/stock. to accelerate progress of market-based solutions to poverty. Visit FINCA.org/council.

FINCA International is a nonprofit, tax-exempt charitable organization under Section 501(c)(3) of the United States Internal Revenue Code. Donations are tax-deductible. Our tax ID number is 13-3240109. FINCA Canada is a Canadian charitable organization. Donations are tax- deductible. Our Canada Revenue Agency Charity Registration Number is 80568 6144 RR0001. FINCA UK is a registered charity in England and Wales under registration number 1127778.

Photos (above and back cover): Dawn Deeks INNOVATING FOR BRIGHTER FUTURES 37 FINCA.org | FINCACanada.org | FINCAUK.org

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