The Road to Inclusion 2015 FINCA ANNUAL REPORT The FINCA Journey: Founder’s Letter

From its birth, FINCA’s purpose has The very scope and rapidity of FINCA’s growth, and that been inclusion: to serve the world’s most of the global movement, is testimony to how large was the exclusion that existed around the disadvantaged citizens. world, particularly with regard to women’s access to credit. Today, millions of mothers and fathers in the When FINCA launched its first “Village ” in the developing world have not one but several microfinance 1980s, our purpose was to assist illiterate, unemployed, providers who will give a small loan of working capital— and poverty-stricken families—especially mothers— often accessed by cellphone within a matter of minutes. with $50 loans to create businesses capable of generating $2–$3 of extra income per day. This result, Inclusion of women, and rapid access to working we trusted, would be just enough to improve their capital (or savings), is just the start of another process children’s nutrition, keep them in school and still set of inclusion. A growing business enables a FINCA aside a few cents per day in savings. borrower to improve her family’s nutrition and health, to keep her children in school, to buy a solar-powered This was a revolutionary proposition at the time. lamp and to simply hope and plan for the future. A child Throughout the underdeveloped world, 80% of citizens, who stays in school long enough to become numerate women in particular, were excluded from access to and literate will be able to earn a wage five times greater credit from the commercial banking system. But our than his/her illiterate mother. These positive changes idea caught on. Beginning with a few other nonprofit are the products of inclusion. agencies, then dozens, and eventually hundreds of microfinance programs were operating worldwide by And such gains are measurable and even predictable. the end of the millennium. According to the United Nations, in the past 15 years great improvements have occurred in the global Today microfinance is a global movement that includes statistics of maternal and child health, education, an estimated 10,000 programs with a service outreach housing, clean water and income. The World , the 2015 FINCA INTERNATIONAL ANNUAL REPORT exceeding 160 million families. For its part, FINCA now United Nations and many other development agencies serves nearly 2 million clients across five continents are predicting, and advocating for, the end of severe 1 The FINCA Journey: Founder’s Letter 14  Client-centric Services and is one of the 10 largest microfinance institutions poverty on the planet by the year 2030! We are proud on the planet. 2  Letter from the Chairman and the President 15  Our Microfinance Network to be part of the solution.

4  Mapping Out FINCA 16 “  O ff the Grid” Products with a Purpose

6  Our Services 18  Key Indicators

7  Financial Inclusion 19  2015 Financial Summary

8  Creating Jobs and Fostering Markets 22  Leadership

10  Improving Living Standards 24  Partners and Supporters John K. Hatch 11 Bridging the Digital Divide 41  Ways to Support Founder

12  Empowering Women June 30, 2016 John K. Hatch, Founder

Copyright 2016 FINCA International, Inc. Photos: Cover—Dawn Deeks; above—FINCA staff The Road to Inclusion 1 The many challenges of poverty are interconnected. The Way Forward: Letter from At FINCA, we have always known this and we also know the risks and social rewards of working in the the Chairman and the President world’s most challenging environments. In the year ahead, we’ll continue to support communities with financial services that help people achieve self-reliance. We are also launching a new effort to support promising Dear Supporters, social enterprises that broaden our effort to address non-financial needs, such as clean water, reliable energy Robert W. Hatch, Chairman and sanitation. FINCA’s journey began with a simple idea: if everyone could be included in the economy, with the opportunity to build a business, earn a living wage and have access to the resources needed We do this because we know that FINCA’s mission is as to be productive, lives would improve and communities would become more resilient. important today as it was the day we issued our first loan in Las Candelarias, El Salvador, in 1985. We have a team that is 12,000 strong: dedicated, local people who know what needs to be done. On behalf of them This premise has guided us for more than 30 years. In 2015 we also saw the continuing rise of FinTech— and our nearly 2 million clients, we thank you for FINCA clients once met in Village Bank groups under technology that opens up new channels for continuing on this journey. trees in Mexico. Further down the road, we offered delivering financial services, including consumer savings accounts in the mountains of . finance. Emerging markets have been profoundly Rupert W. Scofield, President As new technology arrived, we developed agent affected by the massive increase in the use of mobile banking in the Democratic Republic of the Congo, phones by people earning just a few dollars a day. expanded mobile banking in and offered This technology is making finance more accessible, remittances across . More recently, with the quicker and more scalable. At FINCA, we moved help of our generous supporters, we are addressing swiftly during the year to use new technology Robert W. Hatch Rupert W. Scofield health and energy needs in , through FINCA+. to reach more people with essential, responsible Chairman President financial services at a lower cost, while ensuring In 2015, demand for FINCA’s services remained privacy and protecting families. We are energized June 30, 2016 strong. Microfinance is still needed by nearly 2 billion and excited about the possibilities. people who struggle to fully participate in their economies. They cannot start or grow a business FINCA is wholeheartedly embracing change and without affordable capital. People also need access to innovation. At the same time, FINCA’s microfinance reliable goods and services, such as energy-efficient network has been deeply affected by a combination cookstoves and solar lighting. These products can of external factors, principally the economic crisis save people time and money, and reduce health risks, in following massive currency devaluations if they are available, trusted and made affordable and a dramatic fall in the price of oil. In , a through financing. steep decline in commodity prices caused similar devaluations of those currencies, adversely affecting our clients’ businesses and their ability 2015 at a Glance Today, more than ever, new to repay loans. This impacted our financial technologies and social performance and prevented us from reaching as many people as we had planned. It’s in these enterprises are offering the tough times that we count on supporters like poor fresh opportunities to you, more than ever, so that we may continue to 1,837,391 $168.3 million $1.3 billion build a better tomorrow for as many families and TOTAL CLIENTS TOTAL SAVINGS DEPOSITED TOTAL LOANS DISBURSED improve their lives. communities as possible.

2 2015 FINCA INTERNATIONAL ANNUAL REPORT (As of December 31, 2015) The Road to Inclusion 3 Mapping Out FINCA

In 2015, FINCA... Certified our responsible services: FINCA received Smart Embraced the UN Sustainable Certification, which is the industry Development Goals: FINCA standard for responsible services. committed to support the UN Sustainable Development Goals, particularly on poverty, clean energy and water, work Supported agricultural growth: and economic growth and In our Eurasian subsidiaries, rural gender inequality. and agricultural lending accounted for over 40% of borrowers. Committed to clean energy: In October, FINCA joined the White House Forum for Off-Grid Offered safe and secure savings Clean Energy Markets and committed accounts: FINCA had the to offering affordable solar energy largest savings portfolio in the network products to 300,000 households in 2015—almost $58 million and by 2019. more than 380,000 savers.

Supported a greener planet: Increased our services as FINCA began licensed banks: FINCA offering “green loans” to help and Kyrgyzstan received bank clients acquire solar panels for licenses to accept deposits, light and power. giving clients access to savings accounts and other Lowered the barriers to needed services. moving money: FINCA launched money transfer services across all eight branches. Had a 1st birthday: Our newest Expanded our reach through agents: Reached people through mobile: Brightened lives: FINCA’s young social enterprise subsidiary in celebrated Our agent network in the Democratic FINCA Tanzania continued to expand in Uganda, BrightLife, made solar lanterns available its one-year anniversary. In 2015, Republic of the Congo allows clients to mobile banking, which accounted and affordable to more than 7,000 families. we reached 13,000 clients in bank with local FINCA Xpress merchants, for 24% of transactions in 2015. Africa’s most populous country. making it more convenient to transact.

FINCA is dedicated to expanding financial inclusion, strengthening local communities and creating FINCA in and Caribbean FINCA in Africa FINCA in FINCA in Eurasia opportunities for the women, men and families who remain excluded from the benefits of global Democratic Republic and South Armenia of the Congo economic growth. In 2015, we served directly nearly 2 million people in 23 countries. El Salvador Mexico Azerbaijan Nicaragua Malawi Haiti Nigeria Pakistan Tanzania Kyrgyzstan Uganda Russia

4 2015 FINCA INTERNATIONAL ANNUAL REPORT The Road to Inclusion 5 Driving Toward Inclusion: Access to Financial Services

Nearly 2 billion people In many countries, micro- and small businesses lack credit to grow income and worldwide need access generate jobs. This is a major barrier to grassroots economic development. to financial services FINCA plays an important role in addressing this inequity because we so they can make the serve the most vulnerable and underserved people in some of the most Navigating Our Services most of their resources challenging environments in the world in a way that is ethical and responsible. and take part in their Digital innovations, such as mobile and agency banking, are making it easier local economy. FINCA delivers responsible The products we offered in 2015 included: than ever for larger numbers of people to open their very first bank account and deposit or withdraw money. By adopting and expanding these new financial services, adopting channels to reach more people, FINCA gives them the opportunity to access Group loans: Village Banking and small group loans technology for efficiency the kind of financial services people in the developed markets have enjoyed are targeted to very low-income entrepreneurs with while maintaining close client for decades. the smallest enterprises. relationships. Globally, over 30% of our transactions are Individual loans: Larger loan sizes and more flexible happening outside of FINCA’s terms help entrepreneurs continue to grow their businesses and generate jobs. brick-and-mortar branches, FINCA’s Client Profile meaning clients spend less Agricultural loans: Repayment schedules are timed time traveling to see us and to coincide with planting and harvesting cycles. These loans let rural clients purchase seeds, fertilizer, livestock more time building and and equipment when they are needed and repay the to growing their businesses. principal when the harvest comes in. 20 50 FINCA’s average loan size MORE THAN HALF TYPICALLY SUPPORT AN AVERAGE OF LIVE AND WORK IN Savings accounts: Savings help clients build a cushion ARE WOMEN 20-50 YEARS OLD SIX FAMILY MEMBERS URBAN AND RURAL is $831. AREAS against hard times and a nest egg for education, Some also support other relatives, medical care, major life milestones, old age, business neighbors and orphans expansion and other long-term goals.

Insurance: Credit, life, disability and funeral insurance all help reduce the financial stress of meeting major or unexpected expenses. BIOMETRICS: POWER IN YOUR HANDS Since opening its doors in December 2014, FINCA Microfinance Bank Limited Nigeria Money transfers: FINCA clients have a safe and has enrolled over 10,000 clients in biometric-enabled banking. When a client opens a affordable way to receive and send money for business savings account with FINCA, they provide a digital scan of their fingerprint. Any time and personal purposes. they transact at a FINCA location or with a FINCA agent, they can access their account by scanning their finger on a biometric-enabled point-of-service device. From there, Energy loans: Clients can purchase or lease clean they can repay loans and make withdrawals, deposits and transfers from their savings electricity systems or products for use at home or accounts. This simple but high-tech solution, coupled with streamlined account opening to improve their small businesses. The systems also requirements and no transaction fees, makes FINCA’s financial services accessible to more improve health and safety by eliminating the use of people and allows for easy and secure transactions. kerosene or charcoal.

6 2015 FINCA INTERNATIONAL ANNUAL REPORT Photo: Dawn Deeks The Road to Inclusion 7 Creating Jobs and Fostering Local Markets

Over 600 million people By 2035, the International Monetary Fund estimates the number of Africans under the age of 25 live joining the labor market each year will exceed that of the rest of the world combined. To meet this demand, 18 million new jobs will have to be created in Africa and 72% of each year for the next 20 years across Sub-Saharan Africa. them are unemployed or underemployed. Across the entire FINCA network, as more youth enter the job market, there is tremendous potential for young entrepreneurs, farmers and business people to create their own jobs and employ others as well.

It is important that these jobs provide not only income and the opportunity for a better life, but also the dignity that comes with meaningful work and self-employment.

Kapu knew that moving to another rented location The Power of would carry a similar risk. She longed to have a One Woman restaurant of her own, on her own land. Making Gains in Tanzania With the help of a FINCA loan, Mama Kapu’s dream Zahura Issa Feruzi, lovingly known as Mama became a reality. She purchased a small plot of Kapu, is a prime example of the positive power land and built a restaurant on it, serving breakfast of investing in women. After gaining access to and lunch daily. The restaurant started with just FINCA-funded businesses in Tanzania created 151,049 jobs FINCA’s financial services to grow her business in one employee. As the business grew, Mama Kapu in 2015. Of those jobs, 43% were held by women. Tanzania, Mama Kapu’s life changed, as did the was able to hire five more employees, all women. lives of the five people she was able to employ. Several of them rely on their jobs to feed, clothe and educate their children, just like Mama Kapu. 151,049 “The loan let me become self-reliant.” “When I got a job at Mama Kapu’s restaurant, I JOBS thanked God,” says Amina, one of Mama Kapu’s “The loan let me become self-reliant.” Mama employees. “I am a widow and have two children Kapu’s words ring true for the millions of women to look after. Getting a job is so difficult.” 43% entrepreneurs who have followed their dreams, WERE HELD grown their businesses and improved lives with As Mama Kapu continues to help the women BY WOMEN the help of access to financial services. working with her, she is also saving funds to improve the restaurant with running water and electricity. Mama Kapu’s journey as an entrepreneur began at the age of 20, when she started to work as a food Mama Kapu and her family of employees are just vendor in Dar es Salaam, Tanzania. After years of one example of the power of investing in women. supporting her two children through her business, When women are empowered to work and create she faced a serious setback: her landlord increased their own businesses, the talents of half of the her rent and she could not afford to stay at that world’s population are unleashed, impacting location. The business was in jeopardy and Mama families, communities and local economies.

8 2015 FINCA INTERNATIONAL ANNUAL REPORT Photo: David Soll The Road to Inclusion 9 Bridging the Digital Divide

Technology is allowing FINCA to expand its reach, improve clients’ experiences and become more efficient. In some markets, FINCA is the first to bring new technology to scale—for example, with biometric identification in the Democratic Republic of the Congo.

We are continually testing, investing and incorporating experiences from pilot processes into new financial products and services that are tailored to the needs of the low-income people we serve. To unlock the full potential of digital financial services and to limit risk for everyone, education is essential. It’s not just importantwhy and if our clients adopt technology, it is how they use it. FINCA believes in grassroots education efforts: the better our clients are educated about the utility and features of new technologies, the better they will be protected and the more they will benefit. Improving Living Standards How Technology Serves FINCA Clients: Agent banking: Provides personal services Account automation: Loans and savings to more people right in their communities. are processed faster with tablets in the field. Starting a microenterprise. These are the curves and twists that everyone encounters in a lifetime. Value-added services: Additional services Vali-Data: A proprietary research platform Expanding a microenterprise. For many people, accessing the resources to address them can mean a to save people time, including the ability simple phone call to a bank. validates information about clients and their Investing in education. to pay utility bills, school fees and more. businesses, allowing us to meet their needs Covering major life more effectively and efficiently. For billions of others, these events can require difficult decisions and Mobile banking: Easier access to services expenses—joyous occasions impossible tradeoffs that set families back years. to avoid the cost of going to a branch. Credit scoring: Enhanced use of credit like weddings or tragic scoring speeds credit decisions. ones like funerals. FINCA’s clients aspire to have control over their lives and finances. They Biometrics: Fingerprint scans allow access to dream of having a thriving business and the power to make choices accounts, giving clients security and control Solar lamps and energy-efficient for their future. Like people everywhere, they want a better life for their over their money. children, with greater opportunity. They know life won’t always be easy, cookstoves: Clean and green products but they want the ability to prepare for life’s crises … and celebrations. replace costly, polluting kerosene, and Mobile app and e-wallet: Being developed reduce deforestation and emissions from in Pakistan. For many, this is a first step to cooking fires. accessing formal financial services.

“The genius of the microfinance industry … is that its theory of change is based on a “  Innovations in technology and financial services are enabling previously ‘unbanked’ people far more profound understanding of the human person … That every human being in developing countries around the world to gain access to credit and financial services at an unprecedented velocity and scale. It’s no overstatement to call this new trend in financial is not just a mouth to feed but also a person of dignity, with energy and God-given inclusion a revolution … What’s happening is exactly what socially responsible microfinance talents that are our duty to cultivate—in ourselves and each other.” institutions like ours have been dreaming of for decades and, to be sure, we’re excited to be playing our own part in it.” M. Mudassar Aqil, Chief Executive Officer, FINCA Pakistan Microfinance Bank Ltd.

Rupert Scofield and Andrée Simon, The Financial Times, Beyondbrics blog, March 2016.

10 2015 FINCA INTERNATIONAL ANNUAL REPORT Photo: Dawn Deeks The Road to Inclusion 11 The Path to Equality: Empowering Women

Women play a critical role in their families’ survival and success, and FINCA’s women clients are no different. We understand the multiplier effect in business and development that comes with providing women access to capital. Our female clients deploy funds in ways that serve their families and communities well. That is why after 30 years FINCA still has a strong focus on making sure our products and services are accessible and relevant to women entrepreneurs.

Of FINCA’s Clients...

% % % % OF THESE WOMEN 72 43 55 54 ARE PRIMARY HAVE 2 LIVE IN ARE WOMEN BREAD- OR MORE RURAL With Village Bank loans from FINCA, Julia expanded WINNERS CHILDREN AREAS Driven to Succeed her business and placed her children back in school. As her dishes gained fame, she was able to rent a Julia Maria Ixchop Us De Ventura never stops space inside the market. Eventually, she upgraded working. Every day, she bustles to make hot to FINCA’s individual loans, which have helped meals in her packed restaurant in the Boca to pay for her stove and pans and for renovating Del Monte market in Guatemala City. the seating area of the restaurant. Today, her corner restaurant is named after her daughter “I only take Christmas and Easter off,” she says. Katy. It occupies three rented spaces in the market Julia’s drive to provide for her family didn’t just and consists of a kitchen, a seating area and a come out of her passion for cooking; it also came dishwashing area. from necessity. Like so many female FINCA clients, Julia takes pride in serving as the lifeline for her Julia had to become the primary breadwinner for family. Her husband, who has been sober for 12 her family. years, works side by side with her every day to help Eighteen years ago, when Julia’s husband could put their children through school, renovate their no longer support the family due to his alcoholism, home and support their aging parents. she decided to work outside the home for the first time in her life. She began to sell food on the street “FINCA trusted me.” outside the market to make ends meet. The work was tough, and though selling food helped to feed “FINCA trusted me,” she said. “Without FINCA, I her growing children, she couldn’t afford their wouldn’t have been able to upgrade my business. school fees. And I thank God for having so many customers.”

12 2015 FINCA INTERNATIONAL ANNUAL REPORT Photo: Sean Mattison Photo: Dawn Deeks The Road to Inclusion 13 Going in the Right Direction: FINCA’s Microfinance Network: Our Clients in the Center Social Investment Partners

Many lenders are motivated Our main focus is on income-generating microenterprises and small FINCA International is the creator of the FINCA network of microfinance institutions. As a solely by profit and have businesses, and we have strict policies to help ensure that clients do not not-for-profit organization, we use philanthropic capital and donations to maintain and steward become over-indebted and are treated fairly and ethically. It’s part of little regard for client welfare. our investment in the microfinance mission; research client needs and monitor outcomes; FINCA’s heritage and mission. support client-centered product development; introduce new technology, services and client FINCA is different. This commitment is more important than ever with the rapid rise of education; and support on-lending of funds to micro- and small enterprises by local subsidiaries. digital services. Responsibility toward our clients is our top priority, whether clients find us near their farms or on their phones. This is why The network is operated through FINCA Microfinance Holding Company (FMH), which is a partnership created FINCA is rapidly building capacity to use fingerprint scans to protect with six outstanding organizations that share FINCA’s mission to help people in developing countries to build client accounts, mobile banking to empower clients to bank at their assets, create jobs and improve their standard of living. These include IFC, a member of the World Bank Group; convenience and agent banking to offer services in more locations KfW, the German government-owned development bank; FMO, a Dutch development bank: responsAbility and communities. Global Microfinance Fund; Netherlands-based Triodos Bank; and Triple Jump, a Netherlands microfinance investment firm. Our commitment to clients extends to a commitment to offer education along with our products and services. Globally, 66% of adults, or FINCA International is the strategic shareholder and majority owner of FMH. approximately 3.5 billion people, are financially illiterate.* This means that they are at risk of exploitation. FINCA Kyrgyzstan is one of several subsidiaries working to address this among their clients and the general public. Staff are teaching clients how to efficiently manage financial resources, how to keep track of household expenses and the importance of savings. Over the past three years, FINCA Kyrgyzstan has reached more than 20,000 banked and unbanked people with in-person trainings, workshops, textbooks and publications on financial concepts.

* Source: Standard & Poor’s, Financial Literacy Around the World.

FINCA’s client protection principles help ensure that: CERTIFIED SMART In August 2015, FINCA Azerbaijan joined an exclusive group of financial institutions worldwide that have earned Our Clients do Clients fully Clients are Client Clients have ways products not borrow understand pricing, treated fairly and data to communicate Client Protection Certification from the Smart Campaign. do not more money terms and conditions respectfully, remains complaints so This official recognition requires in-depth, external review cause harm. than they so they can make particularly during private. we can resolve can repay. informed decisions. debt collection problems and of all processes and policies. The certification reflects processes. serve them better. FINCA’s deep commitment to high ethical standards in the treatment of our clients.

14 2015 FINCA INTERNATIONAL ANNUAL REPORT Photo: Zaka Guluyev The Road to Inclusion 15 Redefining “Off the Grid”: Selling Products with a Purpose Portrait of an Artist other artists in the community, he decided that Mobile phones redefined People who are excluded from the electric power grids of the world are they should organize to sell their work together. what it means to be gaining access to energy through solar products—and the impact on He tried to get financing from the government but individuals and communities is huge. For hundreds of millions of people, Francisco Jose Ortiz Alvarez is an artist in Diriamba, was turned down. connected by bypassing living off the grid means being forced to use polluting and expensive Nicaragua. He specializes in folk art, depicting landline technology alternatives, such as kerosene lamps, that affect respiratory and eye health. native Nicaraguan animals and characters on In 2012, Francisco learned about FINCA’s loans and delivering The number of productive hours in a day is cut short. Fire hazards are ever masks, wood and other materials. and formed a group with his artist friends to present. Children are prevented from studying. Family and friends have a receive a loan. The money has helped them put communications services harder time gathering together. Francisco wasn’t always interested in art; in fact on exhibitions to sell their handicrafts. He was to more people. The he stumbled upon it. also able to rent a room for his studio. same phenomenon is In 2015, FINCA built a new social enterprise in Uganda, called BrightLife. It As a young adult, he worked in agriculture, then grew out of an earlier pilot to distribute solar lamps through micro-retailers. happening in energy. started a homemade candy shop with friends. With BrightLife, FINCA aims to provide a sustainable, last-mile distribution “FINCA trusted us and that was However, this venture failed and he was left jobless. channel for high-quality products that save people time and money, make most important.” them more resilient and empowered and increase their opportunities to With time on his hands, Francisco happened to be participate in the local economy. To start, this includes solar lighting and roaming around a landfill and found some pieces phone chargers, and also efficient cookstoves that require less fuel, reduce of wood. He began to draw on the wood and “FINCA trusted us and that was most important,” harmful emissions and cook food much faster than an open fire so the asked his brother-in-law to paint in his drawing. Francisco said. He has also taken out FINCA loans women and girls who typically use them can get on with their day. He showed the painted wood to a friend, who to start a bakery business with his brother, selling loved it so much that he bought it for 130 córdobas fresh baked goods by bicycle. Above: In Mbalala, Uganda, the (about $6 today). solar lamp that Walakira Grace What does this mean in a place like Uganda, where the last mile is a dirt road, Francisco hopes that in the future he can open purchased from BrightLife where the markets are undeveloped, where cheap products don’t last and Francisco realized he could make a living creating an exhibition center for handicrafters and artists provides clean, inexpensive good products are unaffordable? It means that an organization like FINCA and selling art. Soon, he began to purchase wood in the city and a bakery storefront that he and his light as her daughter Nawanyu is necessary to solve the issues, bringing together local knowledge and and sell his creations in his community. As he met brother can operate. does her homework and community networks; local entrepreneurs; affordable financing for consumers; daughter Namutebi looks on. and a commitment to quality, education and after-sales support.

16 2015 FINCA INTERNATIONAL ANNUAL REPORT Photo: Matthew Figler The Road to Inclusion 17 Key Financial Indicators 2015 FINCA International for FINCA’s Microfinance Network Financial Summary

Three-Year Summary 2015 Consolidated Statement of Activities

2013 2014 2015 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 Microfinance Holding Company (see page 15), as well as from grants * Total Borrowers 1,146,000 1,203,000 1, 166,000 and donations, all of which are used to fund our work. Year-End Gross Portfolio $840,600,000 $966,900,000 $818,850,000 FINCA International’s financial statements on pages 20 and 21 were independently audited by Deloitte & Touche Total Amount Disbursed $1,464,727,000 $1,605,900,000 $1,282,989,000 LLP and prepared according to International Financial Reporting Standards (IFRS). Copies of the audited financial Portfolio at Risk >30 days** 1.5% 1.9% 3.5% statements are available on our website on FINCA.org/who-we-are/financials/. The consolidated financial statements of FMH are also available on our website. Total Savers* 767,000 1,039,000 1,140,000 Total Deposits from Clients $78,400,000 $130,200,000 $168,300,000

0.9% 3% 3.9% 2.9% 3.1% 0.9%

2015 Summary By Region 2015 2015 CONSOLIDATED CONSOLIDATED Average Year-End Gross Total Amount Portfolio Savers Disbursed Loan Portfolio Disbursed at Risk EXPENSES REVENUE Loan Size Outstanding >30 days* Africa $518 $153,975,000 $265,731,000 3.4% 635,000 96.1% 89.2% Eurasia $1,598 $406,129,000 $543,010,000 3.6% 117,000 Middle East and $840 $94,448,000 $124,473,000 2.3% 327,000 South Asia Total 2015 Expenses: $389,543,916 Total 2015 Revenue: $397,239,154

Latin America Unrestricted grants and donations ($11,454,495)—2.9% $588 $164,298,000 $349,775,000 3.9% 61,000 Program services ($374,225,242)—96.1% and Caribbean General and administrative ($11,627,172)—3% Services, gifts in kind ($3,512,786)—0.9% Total $831 $818,850,000 $1,282,989,000 3.5% 1,140,000 Fundraising ($3,691,502)—0.9% Program, interest income ($354,910,230)—89.2% Grants, including federal govt. ($12,451,251)—3.1% Fees and other program income ($15,530,017)—3.9%

Figures include gross loan portfolio, disbursements and savings. *Includes clients who are both borrowers and savers. 18 2015 FINCA INTERNATIONAL ANNUAL REPORT **Percent of loans past due greater than 30 days. Source: FINCA’s managerial accounts The Road to Inclusion 19 FINCA International FINCA International 2015 Consolidated Statement of Financial Position* 2015 Consolidated Statement of Profit or Loss* as of December 31, 2015 and 2014 for the years ended December 31, 2015 and 2014 2015 2014 2015 2014 ASSETS PROFIT OR LOSS CASH AND CASH EQUIVALENTS $137,325,636 $149,154,910 INTEREST INCOME $354,910,230 $364,097,057 RESTRICTED CASH AND CASH EQUIVALENTS 24,876,413 23,856,725 INTEREST EXPENSE (94,924,151) (86,773,012) AVAILABLE FOR SALE FINANCIAL ASSETS 6,916,967 30,553,509 NET INTEREST INCOME 259,986,079 277,324,045 FINANCIAL ASSETS HELD-TO-MATURITY 12,981,994 1,382,889 IMPAIRMENT LOSSES ON LOANS (40,643,279) (24,176,946) FINANCIAL ASSETS AT FAIR VALUE THROUGH PROFIT OR LOSS 29,973,025 13,179,462 NET INTEREST INCOME AFTER PROVISION FOR IMPAIRMENT LOSSES ON LOANS 219,342,800 253,147,099 LOANS RECEIVABLE—Net 793,927,099 949,333,168 OTHER OPERATING INCOME 14,910,392 13,945,574 DUE FROM BANKS 3,933,334 — NET OPERATING INCOME 234,253,192 267,092,673 OTHER RECEIVABLES, PREPAIDS, AND OTHER ASSETS 22,475,965 26,892,013 GAIN ON FINANCIAL ASSETS AND LIABILITIES AT FAIR VALUE THROUGH PROFIT OR LOSS 25,284,084 — PROPERTY AND EQUIPMENT 31,056,503 33,508,041 PERSONNEL EXPENSES (146,449,554) (161,419,782) INTANGIBLE ASSETS 11,058,837 12,962,360 OTHER OPERATING EXPENSES (95,306,136) (102,768,593) GOODWILL 1,041,608 1,108,117 DEPRECIATION AND AMORTIZATION (12,229,981) (13,141,460) DEFERRED TAX ASSETS 6,901,755 9,713,658 TOTAL EXPENSES (253,985,671) (277,329,835) ASSETS OF DISPOSAL GROUP CLASSIFIED AS HELD FOR SALE 11,089,682 — PROFIT (LOSS) BEFORE OTHER INCOME (EXPENSES) 5,551,605 (10,237,162) OTHER INCOME (EXPENSES): TOTAL ASSETS $1,093,558,818 $1,251,644,852 Grants and donations 27,418,532 30,627,186 Foreign exchange losses (25,957,601) (2,543,788) LIABILITIES AND EQUITY Non-operating income (expenses) 619,625 (789,706) LIABILITIES: PROFIT BEFORE INCOME TAX 7,632,161 17,056,530 Accounts payable and other accrued liabilities $32,992,028 $33,659,985 TAX (9,391,977) (9,136,276) Financial liability at fair value through profit and loss 1,152,086 2,346,959 (LOSS) PROFIT FOR THE YEAR FROM CONTINUING OPERATIONS (1,759,816) 7,920,254 Client deposits 168,340,679 130,213,635 LOSS FOR THE YEAR FROM DISCONTINUED OPERATIONS (1,055,958) (307,571) Bank deposits 19,704,318 2,642,270 PROFIT (LOSS) FOR THE YEAR ATTRIBUTABLE TO: Notes payable 584,814,387 740,825,686 The parent 1,486,922 6,258,312 Subordinated debt 24,453,715 23,646,518 Non-controlling interest (4,302,696) 1,354,371 Deferred revenue 6,038,938 10,615,425 Employee benefits 3,599,046 4,618,476 (LOSS) PROFIT FOR THE YEAR ($2,815,774) $7,612,683 Current income tax liability 3,880,606 4,333,561 Deferred tax liabilities 997,302 1,327,827 Liabilities of disposal group classified as held for sale 3,035,692 — Total liabilities 849,008,797 954,230,342 EQUITY: Reserves 16,837,266 17,706,184 Retained earnings 190,871,939 188,448,532 Currency translation reserve (59,795,383) (28,299,651) Equity attributable to owners of the parent company 147,913,822 177,855,065 Non-controlling interest 96,636,199 119,559,445 Total equity 244,550,021 297,414,510

TOTAL LIABILITIES AND EQUITY $1,093,558,818 $1,251,644,852

20 2015 FINCA INTERNATIONAL ANNUAL REPORT *Full copies of the Audited Financial Statements are available at www.FINCA.org. *Full copies of the Audited Financial Statements are available at www.FINCA.org. The Road to Inclusion 21 FINCA Microfinance FINCA Canada FINCA United Kingdom Our Leadership: Holding Company LLC * FINCA Canada is a charity FINCA UK is the working name of Directors, Advisors and Management Board of Directors registered with Canada The Foundation for International Revenue Agency (Registration Community Assistance (UK), a company Robert W. Hatch (Chairman) No. 805686144RR0001). limited by guarantee under company Michael Barth number 06717649. FINCA UK is a Board of Directors registered charity in England and Wales Monish Dutt FINCA International Aleen Keshishian under registration number 1127778. Rupert W. Scofield Chuck Loveless Johannes Feist Board of Directors Soledad Gompf Board of Directors Rebecca Minkoff Shawn Hassel Robert W. Hatch Jacquie Green Rupert W. Scofield (Chairman) Rupert W. Scofield (Chairman, Founding Member) Rosalie Swedlin Michael Green Dane Steven McGuire David E. Weisman John K. Hatch Colston Young Linda Wolfond Federico Pirzio-Biroli (Founding Member) Richard M. Williamson Damien Tanner Rupert W. Scofield Senior Management Advisory Board (Founding Member) Rupert W. Scofield, President of FINCA International, Mahdi Yahya Karen Basian Richard M. Williamson Co-CEO of FINCA Microfinance Holding Company (Founding Member) Andrée Simon, Co-CEO, FINCA Microfinance Debbie Gamble Advisory Board John Elkins Holding Company Jennifer Harris Amanda Ellis Allison Scuriatti, Executive Director, Christine Renier FINCA International Peter Epp Christina Tessaro Roman Hingorani, Chief Financial Officer Harold D. Jastram P. Daniel Smith, Vice President and General Counsel Agrina Mussa Soledad Gompf, Vice President, James Semakadde New Business Development Dr. Fred Seymour Jeff Flowers, Vice President and David E. Weisman Regional Director for Eurasia Her Majesty Queen Rania Al-Abdullah of Jordan Mike Gama-Lobo, Vice President and Director Emeritus Regional Director for Africa JoAnn Field Chikako Kuno, Director, Director Emeritus Transformation, Equity, Mergers and Acquisitions Dennis Millsaps, Vice President and Advisory Board Chief Technology Officer

Margaret S. Blakey Volker Renner, Vice President for Credit and Savings Angéline Fournier Franca Rofe, Vice President, Human Resources Robert Graham Keith Sandbloom, Vice President and Regional Director for Latin America and the Caribbean Hon. Cheryl Halpern Zarlasht Wardak, Vice President and Regional Director John K. Hatch Jr. for the Middle East and South Asia Kristin G. Hatch Jeffrey Smith, Vice President, Global Chief Auditor and Chief Risk and Compliance Officer

22 2015 FINCA INTERNATIONAL ANNUAL REPORT *As of June 30, 2016 Photo: Zaka Guluyev The Road to Inclusion 23 Moving Together: Microsoft Private Sector Philanthropic Partners Through in-kind donation of software, Microsoft enables FINCA to manage a complex global operation more effectively and, ultimately, to provide life- enhancing financial services at a lower cost to our clients.

FINCA International is fortunate to have strong partners who share our commitment to building Rumsfeld Foundation brighter futures through financial inclusion. The Rumsfeld Foundation provides critical support for FINCA’s efforts in Central and Southern Asia, allowing FINCA to improve access to savings products for the low-income market and to provide working capital and client education to thousands of beneficiaries, particularly to women micro-entrepreneurs and to Credit Suisse those in the agricultural sector. Through financial support, visionary leadership and secondment of talented team members to FINCA’s microfinance network, Credit Suisse is empowering FINCA to reach those who need financial services the most. At the center of United Methodist Committee on Relief (UMCOR) the partnership is Credit Suisse’s support of our work to improve agricultural UMCOR provides vital grant funding for disbursements of loans to new clients finance in Africa and Eurasia. This includes the development of high-level in FINCA Haiti. Through this, FINCA has reached thousands of additional strategies as well as on-the-ground efforts to build staff capacity, develop clients—particularly female micro-entrepreneurs—with the working capital partnerships and roll out products and technologies that enable financial they need to run their businesses and provide for their families. After the inclusion for smallholder farmers. UMCOR-funded loans are repaid to FINCA, they will be disbursed again to other micro-entrepreneurs, ensuring that the partnership will benefit thousands more each year, in perpetuity. Ford Foundation With the Ford Foundation’s support, FINCA is increasing access to financial services among low-income smallholder farmers and agribusiness workers Whole Planet Foundation in Uganda, particularly women and youth. Alongside providing financial FINCA has been able to more cost-effectively expand outreach in the services, the partnerships supported by the Ford Foundation will enable Democratic Republic of the Congo thanks to its partnership with the Whole improved market access and increased agricultural productivity, with the Planet Foundation. Through the provision of interest-free loan capital and grant aim of increasing income for FINCA clients. support for digital financial services, the Whole Planet Foundation has enabled tens of thousands of Congolese to access working capital and to make their MasterCard Worldwide repayments, deposits and money transfers at convenient agent locations near MasterCard Worldwide and FINCA agree that deployment of technology is their home and place of work. Whole Planet Foundation has recently expanded essential to extending financial services to the tens of millions of Nigerians its partnership with FINCA beyond financial services, facilitating the distribution who are financially excluded or underserved. MasterCard Worldwide supports of high-quality, affordable clean energy products in Uganda through BrightLife. FINCA’s deployment of agency banking and digital financial services in Nigeria, which enables a more rapid, efficient and client-centric expansion WildHearts of outreach. FINCA UK and WildHearts have partnered to provide grants and loans to FINCA’s operations in the poorest communities of Africa, Eurasia, the Middle East and The MasterCard Foundation Latin America. The MasterCard Foundation and FINCA Canada have embarked on a major initiative to scale up financial inclusion in Malawi, Tanzania and Zambia. Through this partnership, FINCA is reducing barriers to access by providing client-centric and low-cost digital financial services (mobile and agency banking) to underserved communities and integrating social performance metrics into our operations.

24 2015 FINCA INTERNATIONAL ANNUAL REPORT The Road to Inclusion 25 Swiss Capacity Building Facility (SCBF) Moving Together: Through SCBF’s grants for technical assistance, FINCA engages external experts to help tackle some of the most challenging efforts in our organization and to build capacity for our staff. Partnership with SCBF has been critical to FINCA’s digital Public Sector Philanthropic Partners financial services work in Haiti, brought a state-of-the-art risk management tool to FINCA in Nicaragua and facilitated exploration of insurance services for our clients.

FMO United Nations Capital Development Fund (UNCDF) FMO has partnered with FINCA in Nigeria to help develop a digital financial Supporting FINCA’s efforts to increase financial inclusion for the next generation services strategy with a focus on mobile banking, enabling more convenient and in Sub-Saharan Africa, UNCDF has partnered with FINCA in the DRC and Uganda efficient financial services for the low-income segment in our newest market. as part of their YouthStart program. As a steward of The MasterCard Foundation funds, UNCDF also helped FINCA to develop savings products and financial literacy Financial Sector Deepening Trust Uganda (FSDU) programs tailored to meet the needs of youth ages 12–24. This project is ongoing, as FSDU, funded by DFID, is supporting FINCA Uganda to use new technology youth are a core market segment for FINCA in Africa. Currently UNCDF’s Clean Start and develop new savings products to increase access to, and lower the costs of, program is supporting FINCA to deliver solar products to bottom-of-the-pyramid financial services to our target market, with a focus on the most underserved clients in Uganda. UNCDF’s MM4P Program is also supporting FINCA Uganda to region of the country, the North. develop a new Agent Cash Pooling solution, which will contribute to developing the entire financial system in the country. Inter-American Development Bank (IDB) Through its Multilateral Investment Fund (FOMIN), IDB supports FINCA with both United States Agency for International Development (USAID) loans and targeted technical assistance that allow FINCA to expand outreach into USAID has played a key leadership role throughout the history of FINCA International. rural areas, improve operations and increase the use of technology in delivering This commitment was renewed in 2014 through the funding of two programs. In services to our microfinance clients in Latin America. Jordan, FINCA and USAID piloted a program integrating microfinance loans and entrepreneurship training for young entrepreneurs. Through USAID’s Global Innovation International Finance Corporation (IFC) Lab’s support in 2015, FINCA has conceived, developed and executed a last-mile IFC’s leadership and support have helped FINCA to improve network-wide distribution company focused on providing livelihoods and selling socially responsible governance and risk management systems and to deliver digital financial services products to individuals at the bottom of the economic pyramid in Uganda. in the Democratic Republic of the Congo. United States Department of Agriculture (USDA) Oesterreichische Entwicklungsbank AG (OeEB) Investing in market-based agricultural development is a key building block in The official development bank of the Republic of Austria, OeEB partners with FINCA alleviating poverty in developing countries. With the support of USDA, FINCA to support the development of human resources, marketing efforts and technology International has pioneered agricultural financial products and deployed improvements in Kyrgyzstan and Tajikistan. OeEB has also provided loan funds to groundbreaking technology in 11 countries through 14 programs helping our small FINCA’s operations in Azerbaijan. enterprise farmers and business owners all along the agricultural value chain to succeed. El Salvador and Tanzania are the most recent countries to participate.

HOW ONE HANDBAG IS DOING A WORLD OF GOOD FOR GIRLS In 2015, designer Rebecca Minkoff (back row, left) and actress Jessica Alba (back row, right) traveled to Guatemala to visit FINCA clients to source “The opportunity to help another woman be self-empowered, to be able to textiles from women who hand weave intricate fabrics to support provide for herself and her own family, is something that is so important their families. They then launched the RxMHonest bag line, which used textiles handwoven by FINCA female entrepreneurs. Proceeds from to me,” Rebecca Minkoff says. the sales of the bag will help support FINCA’s work of empowering hardworking, low-income people.

26 2015 FINCA INTERNATIONAL ANNUAL REPORT The Road to Inclusion 27 Mary Ann and Gary Brownell Mary and John Manley Kevin Ashton Steven Bruckner Rexmull and Doris Manyeto Russell and Carol Atha Our Supporters Fuel Our Mission: Karen Bruinooge Beverley Martin John Barber Campizondo Foundation Ann Martyn John Bart Contributors and Lenders Joan Carlson Mary and John Grant Foundation Sibyl Beckett* James and Eithne Chuchel Lorraine Mastropieri Michael and Sompson Betz Clifford Foundation, Inc. William and Lisa McGlone Elizabeth Bolotin Judith Collins Marilyn and Thomas McLaughlin Eleanor Bookwalter The support of FINCA donors and lenders is vital to our efforts to serve our clients. While we are Emmanuel and Kerry Crabbe Alys Milner and Michael Francini Joseph and Susan Bower Larry and Joyce Dare Tertia Moore Cynthia and Joel Bradley not able to acknowledge all donors individually, on behalf of the nearly 2 million FINCA clients Martha Davis Mouat Charitable Trust Erin Brayton worldwide, please accept our heartfelt gratitude. DeMartini Family Foundation J. T. Murphy Walter Brissenden David DuPont Leonard Mushin Edward and Rozann Britain Helen Elahi Nararo Foundation James Broucek $100,000 and above John Watrous Mary Schor Eric Elbers Neskey Family Fund Gail Brown Mahdi Yahya—SAMA Peter and Elizabeth Shattuck * Irene Chayes* Jean Faddis Liz Northrop Ruth Bruch William and Bonnie Clarke Lynn Gordon and David E. Simon Fund Nancy and Larry Fitzgerald John O’Brien Barbara Buch Jo Ann Field $10,000-$24,999 Prudence Spencer Francis and Christine Martin Paul & Pearl Caslow Foundation Eliot Burdett Family Foundation Carlyn Halde* Anonymous (4) The InMaat Foundation Barbara and Nicholas Payne Samuel Burr The Ittner Family Fund Franklin Conklin Foundation Hershey Family Foundation Alpern Family Foundation, Inc. Kathleen Peto and Daniel Rice Jane Bush The Kristie Charitable Foundation E. Gabel and Donald Lateiner Cyrus and Joanne Spurlino Eric and Cindy Arbanovella Ruth Rollins Cadwallader Design, Inc. Gregory Garst Claude Thau The Leibowitz and Greenway Family Solomon Family Foundation Fleurette Carleen Susan Okie Bush Charitable Foundation Charles and Patricia Geiger Al and Anne Stewart Carol Tyrrell Kyle Foundation Alex Chapple The Red Cabin Foundation Trust Madelaine Georgette $50,000-$99,999 William and Doris Stilwell Christine Chen Carol Dauber David Weisman and Jacqueline Michel Diana Godish The Gesher Family Foundation Brad and Amanda Cherry J. Keith Behner and Catherine Stiefel Fay Dresner Henry Wieman Timothy and Amy Guth The Hockey Family Foundation Renee Conforte Dume Wolverine Foundation Bert and Candace Forbes Edward and Barbara Wilson HCD Foundation Steven Gerber* The Oriska Foundation Cook Callender Sayeed Foundation Helen Ford Ryan Wise and Leslie Brunner Curtis Heaston Nancy and Robert W. Hatch The Price Family Charitable Gift Fund Tracy Cullander Cameron and Diane Fowler Linda and Greg Wolfond Susan and Craig Hennessey The Warren & Deb Fisher Robert and Susan Cushman Kaimas Foundation Karen Wright and Tom Rastin Sue and Ralph Hoevelman Jacquie and Michael Green Charitable Fund Robyn Daly LeFort-Martin Fund Linda Hunt Anton and Austin Hayward * William and Barbara Guensche Paul Tracy Daniel Lynch Foundation Mary Mullane Brenda Johnson H. van Ameringen Foundation $5,000-$9,999 Betty and David Voigt Priscilla Shaw* Ralph Daniels Anonymous (3) Brian Johnson Francesca von Broembsen and The Diana Moore Foundation Kimberly and Russell Halley David F. and Sara K. Weston Fund A. H. Gage Private Foundation Jeri Johnson Peter Ver Planck The Osprey Foundation of Maryland Denis and Elizabeth Jamison Mark Dexter and Deborah Cowley Laurie Adams Keith Johnson Margaret Watkins Marilyn Zaklan* Joan and George Jones Katharine and Mark Dickson Nedda Allbray Dorothy Keddie Marcia Weber and James Flaws Kramer Family Foundation Kay Diederich Tom and Heather Keenan David Welden John and Lana Antos Richard Divinski $25,000-$49,999 Kathleen Kruesi * James and Lyn Avery Krystyna Kiel and Dr. Alexander Charles Wilkinson Templeton Betty Dodson Eric Chern William Lambert Richard and Kristen Williamson Kent Bach Irene and David Dyer Reid Mayback Daniel Kinney Druckenmiller Foundation Wayne and Karen Barnes Pedie Wolfond Ernest and Karen Koenig Via Esperanza Terry and John Elkins National Community Foundation Cary and Lynn Yeh Sterling Beckwith Evelyn Ferguson Eileen O’Leary Krembil Foundation Andrew Hall Carol and Dennis Berryman Mark and Katherine Young Andrew Kronfeld and Samantha Richard Fink Alice Mertz* Ostara Foundation Irka Zazulak Phyllis Bischof Kenig-Kronfeld Walter and K. J. Fortney Ruth and David Levine Lynne and Archie Palmer John Bloom Dr. Robert B. Zufall Charitable Fund Lorie Leleux Jeanette French Ray Benton Family Fund Shirley Branch Salomon Family Foundation Carol K. Levine Jane Frydman Joan Richardson Shirley Brandman and Howard Shapiro $2,500-$4,999 The Cameron and Jane Baird Torben Lorenzen Marion and Gerald Galison Foundation Judith Ring Nathan Brett Luschei Outermost Fund Anonymous (4) Eileen Gilman The Kathryn B. McQuade Foundation Raymond and Roxanne Riva Harriet Brown Laurie Manderino Sally Anderson Rolf and Julie Goetze

28 2015 FINCA INTERNATIONAL ANNUAL REPORT *denotes deceased The Road to Inclusion 29 Kathryn Graham Alan Pemberton Margaret and Walter Wales Nancy Atherton Judith Billings Norman Cadman Robert Granieri David and Ann Perkins John Watts and Carol Petsonk James Attwood and Leslie Williams Beth Elaine Birky Gretchen Cahn Peggy and Samuel Gutterman Leslie Petteys Robert and Renate Wegner Iris Auerbacher Boris Birmaher Margaret Cain Leslie Harsch Elizabeth Pollack Emily Wey Stephanie Augustyniak Mary Bittner Robert Caiola Iris Hartog Elizabeth Porcello Nancy and Monty White Roger and Ann Avery Diana Black Robert Callaghan Margaretta Hausman Richard and Janet Post Nancy Whitney Suzanne Bahmanyar Hille Blackshaw Mary Callahan John Hester Aaron and Arleen Priest Karen and Stephen Wiel Bridget Baird Terry Blatt Donald Cameron Konstanze and Robert Hickey Linda and Ahmed Raiss William Ewing Foundation Tricia Baird Kenneth Bley Harriet Campbell George and Ann Hunter Rudy and Alice Ramsey Wolff Family Foundation Arnold Baker Jerry Bloch R. H. Campbell Elizabeth Ivy Raymond Family Foundation Josie Woodman Charles Baker Janice Bloom and Adam Grumbach Michael Caputo J. Donald Carpenter Foundation Janet and Norvin Richards Ruth Yeazell Judith Baldwin Karl Bloom Judith Carroll John Hung Foundation Frank and Joan Ritchey Zaitlin-Nienberg Family Fund Armine Banfield B. Blount Janet Carter Judy Judd Rita Rodriguez and Eugene Carter Hannah Zalinger Stephen Bany Patricia Blount Pearl Caslow Jeffrey Kalan Lynda Rose E. Bard Richard Bobbe David Catterson Angeliki Keil Julius Rudel* $1,000-$2,499 John Bare Carol Boerner Melissa Cavaghan and Paul Heift Edward Kiefhaber Joseph and Veda Rugola Susan Barnett and John Young Shirley Boll Cairine Cavanagh Anonymous (9) Jim Kinsella and Robert McNeal Mark Sanders Michael Barr R C Bond Cathcart Millennium Foundation Inc. Janet and Gregory Abels John Klein Miriam Sayeed Rosemary Barrett Carol Borden Cathy and Richard Cavell Kristen Abraham L. Knock Elly Scheman Donna Barten Margaret Borkin Vija Celmins Susan Ackerman Colleen Kochanek Edwina Schulman Abraham Bass Joseph Borodach Kristina Cerny Gregory Adams and Jill Greenwald Martin Krippl Ralph Scoville Bassett Foundation Joseph and Mary Borzelleca Karen Chapman Shirley Adams Beverly Krivokapich and Glenn Ducat Scudder Family Foundation Jane Batten Steve Bottle Miriam Chapman Audrey Ades James and Leslea Kunz Brenda Senturia and Gary Cooper Benjamin and Susan Baxt Ward Bouwsma Brian and Allayne Chappelle Kenneth Adler George and Marlys Ladd Fred and Marggi Seymour B. M. Bayne J Boylan Kathleen Cheevers Richard and Karen Adler Thomas Lehrer Ronald Shaw Marilyn Beach Marion Boyle Ellen Cherniavsky Susan Agate and Michael Slutsky William Leininger Jon Shell Charles Bean William Braden Helen Chester Barbara Agosin Josef Leitmann and Niimi Reiko Suzanne and Scott Shenk Jane Bean Neil Brandon John Chin Shelly Ahmann Luck Family Foundation Simple Actions Family Foundation Inc. Kimberly Beattie Lewis Brannon David Chleck Barry Albano Alexandra and Thomas MacCracken Peter Siegel and Hope Stevens Karen Beck Dennis Breen Wayne Choi Sarah and Stephen Albright Mary MacGregor and Phil Lieberman Reba Siniscalchi David Becker Robert and Ann Bretscher William Christensen Susan Madian Lawrence Aldridge Gary and Margaret Smith Sheri Beckler Stanlee and Elizabeth Brimberg Theodore Chu Mark and Mary Ellen Stinski Foundation Gregory Allen Harold Spaeth Duane Beckmann Mark Brodie Catherine Churchill Tim Martens Susan Almy J. Blair Spillman Carol Beechy Karl and Romkaew Broehm Eugene Claeys Carmel Mask Richard Alper and Kate Herrod James Spurlock Robert and Marie Behnke Leo and Vivian Broks Martha Ann Clark Richard May Lynne Altwerger Leigh Stamets Pamela Beil F. Brooks-Hill Richard and Jean Clarke Wilma McCoy* William Amneus Debbie and Pat Starke Richard and Joan Belliss Carol Brouse Mark Clausen and Alice Star Donna McMillan and Carrie Blazek Elizabeth Anderson John Sullivan James Bennett Charles and Joan Brown Suzette Clayton Rich Meehan Anderson Fund Foundation Michael Sullivan Frances and James Berger Karen Brown Sandra Clements Daniel Meek Ann & Mike Rosenthal Family James Berger Stanley Brown Cliff and Deborah White Family Fund The Audrey & Sydney Irmas Charitable Foundation Jay Miller Foundation John Bergeron William Brown Douglas and Kathryn Cochrane Robert Anthony Donna Moniz The David Aronow Foundation, Inc. D. Wayne Berman William Browning George Cocks Antonella Antonini and Alan Stein William and Ann Naftel The Elsie Proctor van Buren Foundation Eleanor and Richard Berry James and Eileen Bruce Diane and Robert Coderre Alan and Helen Appleford Bonnie New The P & P Murray Foundation Mildred Berryman Joe Bryant Naomi Cohen John Armitage Douglas and Karin Newcomb The Susan, Sarah and Nicholas Sue Berryman Edward Buckley Jon Cohn Diane Armstrong Roger Newton Latremoille Fund John Bettencourt Thomas and Deborah Buechner Elizabeth Coker Kenneth Armstrong Martha Nordsieck Rebecca Thomas and John Pitlick Fred and Betty Bialek Margaret Burkhart Lin Florinda Colavin Scott Arnot Leslie O’Loughlin James Tyler Noel Biesik Burlingame Foundation Clarence and Joan Coleman Olson Family Foundation Linda Venner Arthur and Charlotte Zitrin Foundation Margaret Biggar Richard Byrd Michael Collins Frank Pearce John and Kimberly Waldron Jefferson Asher

30 2015 FINCA INTERNATIONAL ANNUAL REPORT *denotes deceased The Road to Inclusion 31 Terri Colosimo Diana and Mark Develyn Craig and Sue Dupler Alan Finnis Jed Fuhrman Shari Gore Spencer Commons and Martha Gates Janet Devine William and Catherine Durako Frank Finsthwait Charles Fuller Ronald and Beverly Gori C. Thaddea Compain Carol Devoss Yarrow Durbin Joachim Fischer Therese Fumich Gail Gorlitzz and Cris Smith Donald and Barbara Connolly Joan Diamond Glenn and Christine Dyer Sue Fischlowitz and David Roberts Karen Fussy John Gorsuch Megan and Christopher Contakes Marilyn Dickey Robert Eberle Scott Fish John Gabriel Peggy Goss Raymond Jervis Cooke Roberta Dickinson John Edlund Louise Fishman Kathleen Gaffney Patsy Graham Donna Cooper Deborah Diebold De Naveja Kemerer Edwards Stephen and Lana Fitzpatrick Elaine Gale Gregor Grant Patricia Corbell James Dinneen Leonid Eidelman Jennifer Flaherty Nancy Gallt Joseph Graunke M. Cordice Jay and Lisa Dinowitz Charles Eilers Maureen Flanagan and William Virginia Galvin Neil Graves Groneman R. and Chloe Cornell Directions for Rural Action Fund Frederick and Kimiko Ek Debbie Gamble Bette Jo Greenberger Molly Fleischner Cottle Family Foundation Lionel and Debra D’Luna Bobbie Ellaissi Helen and William Garrison Scott and Linda Greene Christine Cottrell Doberstein-Lee Administrative Trust Judith Elliot Lynda Fleming Savitri Gauthier and Douglas Linda Griffith and Scott Kellogg Keith Cowan and Linda Walsh Doehring Foundation Ellis Goodman Family Foundation Ellie and Art Florack Fambrough Susan and Charlie Grigg Nancy Craig Paul Doerksen Priscilla Elwell Patricia Fluhrer Stephen Gelardi Amanda Grim Margaret Crone Catherine Doll Margaret Engel Bill Foege Paul Gensheimer Jennifer Grimes Calvin and Lois Crow Anna Dombrowski Helen Enslow John and Marie Foley Marika Geoghegan Lindy Guttman and Bob Stromberg Amory Cummings Mary Donley Elaine Epstein Katherine Foley and Scott McMahan Lawrence George Phyllis Curtis Diana and Thomas Donnelly Richard Eshleman Catherine Fonseca de Madrid Venita Georgieff Henry Gwiazda Francis and Germaine Czarnecki Vincent Donovan Deborah Eveans Edison Foret Katya Gerwein Leslee Hackenson Joanne Dale Sandra Dooley Mark and Deborah Eveans Dianna Foshee and Valton Stephens Nga Gilgan Anisah Hadli Diane and John Dalsimer Doolittle Fund Davilyn Eyolfson Marguerite Foster Bruce Gillam Mary Haering Suzanne Dalton James Dougherty Leo Faddis Foster-Davis Foundation Robin Gilmartin Robert Hagge Stefano D’Angelo James Douglas and Alexandra Harmon Joan Fanning Florence Fowlkes David Gimbel Lynn Hagman Kurt Fox Judith Gladbach Sally Daniel Paul Dowsett Sue Farmer Susan Hahn Rachel Fraser Mary Lou Gleason Daniel Hartnett Family Foundation Stephen Drew Mark and Karen Farnan Emmett and J. Hale Jack Freeman Constance Golas Jamini Davies Joan Drury Emily Fenster Alice Hall Jon and Jeannette French Ora Goldman Jeffrey Davies Pierre Duchaine Mike and Nancy Fenton Grace Hall Karen Davies Leda Duck Robert and Geraldine Ferguson Eduard Frensch Deborah Goldsmith Richard Hall Norma Davis Douglas and Ann Dumas Gary Ferman Ian Frensch Ruth and Richard Goldstein Deborah and Donald Halliday Nancy de Groot Willa and Don Dumka Ferris Family Charitable Fund John Friedlander Emilio and Cecilia Gonzalez James and Ingrid Halstead James Degroot and Linda Roy David Dumoulin Robin Figueroa Laurel Friedman Susan Goodman Hammond Family Foundation Julie Delabbio Jack Duncan William Fillmore Luke Friendshuh William Goodman Maureen Hand Ann and James Deline John Dunn Dale Finkenbiner Joyce Froot David Goodrich Kathryn Derry Thu Duong Dorothy Finley Robert Frueh Katherine and Michael Gordon Thomas Hanna

ON THE ROAD IN FINCA VANS Since December 2014, our staff in Pakistan have been driving two FINCA vans to the rural areas of Punjab to In Pakistan, where less than 10% of the population has access to banks, help low-income farmers and small business owners open accounts, apply for loans, deposit cash and transfer loans or other financial services, FINCA is using innovative methods to funds. Each van is connected to FINCA’s banking network through satellite connectivity, which updates the reach more people. In rural areas, where access to financial services is client’s account in real time. limited at best, many have to travel far to find a bank branch if they want to deposit money or take out a loan. FINCA has been bringing the services Since the van program was launched, more than 450 people have been able to take out loans for the first time of a branch straight to dairy farmers in remote villages, using vans. in their lives, making it easier for them to expand their businesses or save for the future.

32 2015 FINCA INTERNATIONAL ANNUAL REPORT Photo: FINCA Pakistan Staff The Road to Inclusion 33 David and Margaret Hannay Helen Holman Betsy Keefer Benjamin and Betty Leader Belle and Jason Mann Robert Messerschmidt Willard and Mary Hannon Jeffrey and Peggy Holmes Julie Keese Harold Leasure Barbara Marcollo Steven Messina L. Hardison Winnie Holzman and Paul Dooley Elaine Keillor Janice Lee Stephen and Nancy Markus Bruce Meyer Clifford Harrington Mark and Dyan Houghton Nancy Kennaway Pearl Lee Victoria Marone Judith Mich Lois Harrington Nancy Houghton Claudia and W. Keith Kennedy Leestma Family Foundation Linda Marsh Michael and Ina Korek Kenneth Harris Natalie Houghton Audrey Kenny Margaret and C. T. Leinbach Lori Marshall Foundation Trust William Harter Alice Houseknecht Patricia Kenschaft Karen Leitch Margaret Marshall Margaret and Gary Miles Peter Hartline and Rebecca Kucera Madeleine Houston Mary Kenslea Alfred Lemmo Robert Marshall Barry Milgrom Marguerite Harvey Jeremy Hunt Hovland Coyla Ketchy Emily Lemole G H Martin Karen Miller Rachel Harvey Rose Huculak Jamil Khan Paul Lennon Julia Martin Margaret and James Miller Margaret Hassett Margaret Hudson Namsik Kim Leo Model Foundation, Inc. Ron and Barbara Martin Richard and Marlene Millikan Patricia and James Hassett Roger Hudson and Mary Martin John Kindschuh James and Michelle Leonard Maxine Martinez Cora and John Mills John K. Hatch and Mimi Hatch Tamara Hughes Gary King Paul Leonard Anne and Frank Masloski Mary Mills John K. Hatch Jr. Da Huh Kirby Family Foundation Larry and Donna Lesh John Mason Sylvia Milosh Paul Haughey Julia Huiskamp Gabriela Kiss Lester Poretsky Family Foundation, Inc. Ed Matson Christian Milton and Rana Nikpour Jon Haumeder John Hummel Philip Klabunde Jerry Levine Steve and Nancy McAlister Lawrence Minton Roy Havenhill Marietta Hurst Douglas Kleinsmith Leslie and Marsha Levine Susan McAllister Stephen Minus James Hayes and Catherine Keig Robert Hurtubise Alan and Robin Kluger Andrea Levitt and Antoine Hatoun Jane McCabe Sandra and John Mitchel Hayes Foundation Charitable Trust Tom Huth Thomas and Kathryn Knox Dennis Lidtke Brian McInerney Yukiko Mizogami Ann Hayman Murray Hutson Maritta Ko William Lincoln Robert and Dorothy McCabe Patricia Montgomery Henry Haynes Audrey Irmas Jan Koczera Audrey Linnes Carol McCallum Era Moorer James Healey J & AR Foundation Durema Kohl Brian Lisse and Cindy DeRuyter Michael McCants Sheevaun Moran Gwen Healy Kathleen and Thomas Jacobson Julie Kollman Scott and Stephanie Little Patricia McCarthy Bozena Moravec James and Marilyn Hebenstreit Kenneth Jaffe Marlise Konort Karen Littlejohn Paul McCarthy Phyllis Morgan Linda Hedgecoth Robert Janes Mary Koors Angela Lloyd Marilyn McCloskey Donna Moroz Patricia Heil James Janney Liesbet Koromzay Patricia Locke Gerald McCoy Elizabeth Moser Patricia Heinen Martin Jardon Colleen Kovacs Dorothy Lockspeiser Marcia and David McCracken Margaret Moser Josef Helfenstein Allen Jedlicka and Wendy Brudevold Thomas Krajewski Collin and Susan Loewen Edward McCrea Margaret Moses Maryanne Helffrich Robert and Sylvia Jesperson Robert Kramer Carolyn Longacre and Michael Wilens Evelyn McDonald Howard Carolyn Moss and Daniel Hawkins Frederick and Lois Helleiner Jewish Foundation of Greater Toronto Doris Kreling A. J. LoScalzo Janet McDougall Sara Jane Moss Frank and Miriam Hellinger Ken and Beverly Jinkerson Liza-Lee and George Kremer Helen Lowry Thomas McElrone James Moulton Merrit Heminway Kathryn Johnson Spencer Krueger and Mary Lefevre Margaret and Noel Lowry Linda McGrew Kenneth Mountcastle Bradley and Trudi Hennemuth Rebecca Johnson Ruth Kruse Alexi and Giada Lubomirski Henry McHenry Jawed Movania Patricia Henry Susan Johnson Herbert and Rosemary Kuehne Andrew Lucas Karen McIlvena Lou Moyer Trudy and Gary D. Henson Thad and Suzan Johnson Steven Kuhn George Lucas Henry McKean David Moynahan and Crystal Wakos Dane and Susie Herbel Mayette Johnston Thomas Kurtz Susan Luckel David McKee MR-JWW Responsibility Fund Cynthia Herndon Judith Jones Meredith and Joseph Kwiatkowski John Lucken Margaret McKee Peter Mullin Jeff Herring Garell Jordan Abigail Labelle Marianne Luedeking Lori McKinley Fred and Mary Munson Kevin Herzog Jay and Susan Jostyn Ruth Lambert and Henry Harrison Richard Lundy and Lucille Goodwyne Martina and C. McLarney Christine and James Murakami Charles Hill Stephen Joyce Bill Lamoreaux Mary Jo Lusnak James and Caroline McManus Dennis Murphy James and Margaret Hill Edward Juda Ralph and Katherine Landry Brian MacDevitt Wanda McNeil James and Lorna Murphy Thomas Hill Stephen Juelsgaard Robert Langejans John MacFarlane Caryl McNeilly and Robert Williamson James and Nancy Murphy K.L.M. Foundation William McTurnal Daniel Hinkle Duane and Margaret Lansverk Bruce MacIntyre Robert Murray Emily Kahn Nina Meierding Manuel Hinostroza Catherine Larned Antoine Macoule William and Jane Murray Marilyn Hoegemeyer Karen Kallay Mary Madden Bruce Melrose Jose Latimer David and Melanie Mustone James Hogan Dolores Katzenberger Michael and Emily Madigan Stanley Mendoza Wayne and Karen Lattuca Richard Muth Dale and Sherry Hohm Cathy Kaufman Iger Richard Maiberger Prasanna Menon Lawrence Schulman Family Katharine Myers Charles and Bernadette Holdener Nicolas Kauser Foundation Inc. Karen Makar Joe Mersol N. A. Taylor Foundation

34 2015 FINCA INTERNATIONAL ANNUAL REPORT The Road to Inclusion 35 Paul Nagai Geraldine Peters Jacqueline Ratner Ruth & Jack Glantz Family Foundation Harriet Shapiro Ronald Steele Kristen Naidoo Robert Peters Elizabeth Rattenbury Ruth Arnhold Endowment Fund Stephen Shatz Dave Stein Uday and Sangeeta Naik Robert Petrello Ralph Ray Joyce Ryan Carrie Shearer Loren and Carol Steinhauer Daryl Nees Craig Pettibone Claudia Rebaza Robert and Frances Rye Diane Sheldon Irene Steinman Kathleen Neill Lois Pettinger J. Reck Gary and Darlene Sackett Clydene Shepherd Julia Steinmetz Catherine Nelson John Pfister Arlene Reed Deidre Sacra William Sherwood Diane Stephens Scott Nelson Michelle Pfister Rosemary Regis Patricia Safavi Eric and Carolyn Shettle Martin Sticht Mary Jane Nevins Quynhanh Pham Robert and Ann Regnier Barbara Salas Mary Shields Sheila Stiles Jean Newcomb Stowe and Charlton Phelps Rochelle Reichert Carolyn Salon Larry and Cheryl Shirley Carl Stine Alec Newman Philip and Daniele Barach Family Carole Reiner Ernest and Patricia Sammann Martha Sholes Brett Stineman and Linda Larkin Foundation Jane Newman and Amy Lange Victor Reiner Hartej Sandhu Martha Sibert Todd Stivland Jane Phillips Peter Newman and Kathy Lang Gordon Rempel Katherine Sanford Martin and Felicity Sidwell Larry Stolzenburg Paul Phillips John Nicholson Christine Renier Aayush Sanghrajka James Siebert Kathy Stolzfus Rebecca Phillips Guy Nicolas Deborah Rennels and Angelica Leeds Jane Santogrossi Peggy and Daniel Siegel E. Marvin and Cynthia Stouffer Gary Pierce Sarah Nordquist Michael Revere John Sapienza Penn Siegel David Stout Margaret Ping Lowell Northrop Mike Revere Ann Satterthwaite Anne Sigleo Strategic Charitable Giving Foundation Xavier and Penelope Pi-Sunyer Dawn Reynolds Tori Nourafchan Stephen Saul Barbara Simmons Edward Stuart Richard and Orah Platt Gerald and Christa Reynolds Dan Nowlan Kathy Savage Allen Simon Chung-yi Su Patricia Pogue Kathy Richardson Audrey Obrien Sarita Sayre Elizabeth Simon Annie Sullivan Arlene Pollack Hannes Richter and Synthia Scofield James Simpson Marianne and John O’Brien Elliot and Rosel Schewel Ann Kristin Sundell Steve and Robin Pollens Rebecca Ringer Juliette Schick Michael Simpson Thomas and Joan O’Connor William Suter Lisa Pomerant William Ritter M. Schiel Oswald Sitwell Virginia and Herbert Oedel Seiichiro Suzuki John Poole Gay Roane James Schley Anne Slichter Carol Oettinger Grace Swanson Harold Popma Cynthia Roberts John and Diane Schlitt Louis and Jean Sloss Barbara O’Hearne Judith Sweeney Posner-Wallace Foundation Elaine Roberts Joseph Schmidt Alice Smith M. Emmett Omar Steve Szymanski and Caroline Zug Bruce Pottash F. Bruce and Nancy Roberts Helen Schneider Lisa Smith Michael and Mary Oothoudt James Takamiya Robert Powell Bruce Robertson Kristina Schneider Michael Smith and Nora Demleitner Eunice and Edward Ordman Ralph Talmage Laura Prato Laura Robinson Evelyn Schneirsohn Mike Smith Christopher Osgood John and Susan Tappeiner Sally Prestele John Rockwell Libbie Schock Rosemary Smith Joshua Otlin Jan and Nancy Tarwater Randall Presuhn and Timothy Nguyen Janet Roddy Taylor and Kimberly Schollmaier Steven Smith Carol Oukrop Bill and Marilyn Taylor Valerie Price Barbara Rodes Elizabeth Schopler William Snypes and Suzanne Suter Mark Ousnamer John and Pat Taylor Ana Priu-Cambo Patricia Rohan Lois Schrantz Judy Soley Paul Ouzts Janice Tazelaar Joan Procopio Mary Romney Theresa Schreiner Tana Sommer-Belin Jean Owens Phoebe Telser Kurt and Mary Jean Pronske Paul Rooney Martha Schuh Charles Sonnek Patricia Padgett Robert Temple Daniel Purcell and Heather Hanly Emma Root Ann Schultz Soroptimist International Marvin Page William Tennis John Purkiss William Rose Jocelyn and Peter Schultz Sandra Soye Leah and Perry Pahlmeyer Charles Test Roberta Quiat Douglas Rosenthal Reynold Schwabe Will Spence The Charles E. and Charlotte T. Curry Lawrence Palladino Bart and Shannon Rabas Doris Roskin Gary Schwartz Elizabeth Spencer Foundation Catherine Parent Kenneth Raedeke Dennis Rossman Roy Schweyer Margaret Spencer The Foley Family Fund Rebecca Parsons Thomas Raedler Dale and Kiki Rothman John Schwiebert Eric Spika The Fund for Community Well-Being Michael Pawlowski Joan Rahm Barbara Rothweil Rupert Scofield and Lorraine O’Hara Helen Squires The K Foundation Isabel Pedersen William N. Raiford Susan Routt Stephanie Scott David and Ann St. Germain The Larry David Foundation, Inc. Marjorie Peik Elizabeth Rajam Kevin Ruddell and Heather Kroll Diana Scully Shelley Stallings The Max and Florence Minsky Dona Lou Peirce Mark and Jacquelyn Ramba Lee Ann Rummell Dale and Judy Seborg Donald and Sylvia Stanat Goldstein Family Foundation Jessica Peirce Kathleen Ramsay Peter Rush Seidman Family Foundation David Stanislaw The Nancy Cogen & Jim Wason Fund Caroline Pelton Richard Ramspacher James and Marjory Russell Jean Seiler Anthony and Sybil Stathoplos The Pete & Rebecca Helme Fund Gary Pelton Janet Ranney Judith Russell James and Debra Semrau Diane Staves The Screen Porch Foundation Claudia Pereles Isabelle Rapin Justine Russell James Seward and Julie Karcis Marion Steeg Carol Thomas Elizabeth Peters Carol Rathe Scott Russell and Martha Delaney Shahriar Shahida Donnalee Steele Linda Thompson

36 2015 FINCA INTERNATIONAL ANNUAL REPORT The Road to Inclusion 37 Lori Thompson Peter and Michelle Weeks Marie Yovanovitch Foundations St. Xavier High School Arlee Geary Peter Thomson Wege Foundation Kuan Yuan The Clifford Chance Foundation, Inc. The Human Rights Project Inc. Jack Goggin Richard and Nina Thomson Paul Weiden Thomas Zach Ford Foundation United Methodist Committee Steve Goldstein Richard and Suzanne Thweatt Mark Weigel Pat Zaharopoulos on Relief The MasterCard Foundation Margaret Gossage Jennifer Tipton Steven Weinberg Joyce Zaitlin The Rumsfeld Foundation John Gustin Margaret Tolzman Kenneth Weingardt Ed Zerylnick Whole Planet Foundation Legacy Society Linda Gutmann David Tonjes and Karen Galindo Lonnie Weinheimer Deborah Zimmer WildHearts Ltd. The following individuals have Lindy Guttman and Bob Stromberg Janice Torbet and Stephen McLaughlin David and Patricia Weissner Joseph Zuercher named FINCA as a beneficiary Doris Haggard John Tornquist Jonathan Weitzman Jay Zukerman in their wills. Dita Hatch* Government and Patricia and Daniel Torrington Valerie Wendling Multilateral Institutions Caroline Adams Robert and Nancy Hatch Maria and Matthew Tracy William and Mandy Westerkam Corporations Daniel Altilio Rob Hatch and Marian Saksena Hatch Kenneth Trotter Michael Wessels and Patricia Maher Agribusiness Initiatives Trust Maryjude Hoeffel Akol Avukatlık Bürosu (Abi Trust) Terry Andrews Andrea Troutman Henry Weyerhaeuser John Hoffman AmazonSmile Asian Development Bank (ADB) Alan and Helen Appleford Ann Troy Charles Wheatley and Kimberly Reeves Carol Hollworth Boivin Desbiens Senécal Letendre LLP Financial Sector Deepening Uganda David Bard William Troy Robert Wheatley Thomas Hooley Cereal Ingredients, Inc. FMO Belinda Barington Randy Tucker Noah Wheeler and Amanda Cooper Katherine Hufnagel Chicago Trading Company Fonds Pour L’Inclusion Financiere Deborah Barto Wilma Tucker Muse Thomas Wheeler Citi Foundation en RD Congo Richard and Marilyn Batchelder Brian Hughes Rodham Tulloss Harold White Clifford Foundation Inter-American Development Ann Bein Mona Jibril Judith Turner Sharyl White Bank (IDB) Clifford Chance LLP Dorothy Benavides Keith Johnson Patricia and John Turner Luke Whitesell and Catherine McLellan Inter-American Investment Doresa Jones Covington & Burling LLP Corporation (IIC) Audrey Beukenkamp Karen Uhlenbeck and R. Williams John and Jennifer Whitney Kathy Kaiser Credit Suisse International Finance M. Judith and R. Bruce Billings Marie Underwood Ronald Wielage * Dentons US LLP Corporation (IFC) Joseph and Susan Bower Christine Bullock Kasman Margot Unkel Doug and Connie Wierman * Diamondston Foundation Inc. Kreditanstalt fur Wiederaufbau Marian Breckenridge Marie Kellogg Kathryn and Martin Urberg Thomas Willett Early Road, LLC Bankengruppe (KfW) Mary Brendle* Marjorie Kemp Jeffrey Urbina and Gaye Hill Anna-Leila Williams Food Trends, Inc. Oesterreichisch Entwicklungsbank Rick Browne Ann Kempees Lukas Utiger Emily Williams AG (OeEB) Freshfields Bruckhaus Deringer LLP Sally and Leonard Burdock Christine Keyt Regional MSME Investment Fund Grace Van Etten Richard Williams William Kilgour Gilbert’s LLP for Sub-Saharan Africa (regmifA) Kenneth Burrows Elizabeth Van Hunnick Robert Williams James and Janet Kimble Google Inc United Nations Capital James Caffery Gail Vanovitch William Williamson Great Plains Analytical Laboratory, Inc. Development Fund (UNCDF) Carolyn Carlat Douglas Kleinsmith Carmen Velasquez-Hernandez Janet Willis Integrated Direct Marketing United States Agency for Diane Cavenee K. A. Krick Mark Verlinden Walter and Joan Winter International Department (USAID) John Laithwaite Partners Melanie Chadwick James and Leslea Kunz Gregory Vesper Elaine Witteveen United States Department of K. Gammon & S. Ferracuti Medicine Thomas and Janice Chamberlin Jeffrey Lalande Niti Villinger Ralph Wittman Agriculture (USDA) Latham & Watkins LLP Heather Chisholm Margaret and C. T. Leinbach Carl Vinson Bradley Wolff LPL Financial Eugene Claeys James Licata Milton Viorst Lisa and Chad Wolfond Private Voluntary MasterCard Worldwide Tim Clauss Rosemary and David Logan M. Visser Lauren Wong Organizations Mgaloblishvili Kipiani Dzidziguri (MKD) Barbara Crook Richard Lundy and Lucille Goodwyne Timothy Vo Anna Wong Leung Microsoft Corporation Don Dietz B.R. Marchand Carol Voorhees Frances Wood Bay Area Universalist Church October Farm Kathryn DiGiorgio Jeannine McCormick Marcia and Ira Wagner George Wood Church of Religious Science Oppenheimer, Wolff & Donnelly LLP Raymond Dobkin Frances McGown Brooke Walker Jean Wood First Congregational Church Regina Michaelis Orrick, Herrington & Sutcliffe LLP Susan Dodd Alisha and Lance Waller John Wood First Presbyterian Church Louise Michlin PayPal Gives Norman Dudziak and Damaris Barbara Waller Harriet Woods First Unitarian Church of Reed Smith LLP Rohsenow Darlene Mikula Linda Walsh Anna Wooldridge Oklahoma City Roxann Stoski Medical Corp Nancie and Mauritz Erhard Lisa Miller William Warburton Kathleen Wronski First United Methodist Church Swiss Capacity Building Facility Joen Fagan Terri Mockler Frank and Ada Warner Sandy and Barry Yatt Mile High Friends of FINCA T. H. Yu Medical Professional Lucy Fairbank Peggy Moore Glenn Warner and Marguerite Davis Robert Yeomans Rancho Bernardo Community Corporation Presbyterian Church Jo Ann Field Delano and Luzetta Newkirk Philo Wasburn Victor Yngve The Refinery Silverside Church Ray Ganey Peter Newman and Kathy Lang John Watkins and Allison Howard Robin York World Bank Community St. Paul’s Anglican Church Emily Garlin William and Marsha K. Nickels William Webber Peg Yorkin Connections Fund

38 2015 FINCA INTERNATIONAL ANNUAL REPORT *denotes deceased The Road to Inclusion 39 John and Margaret Parke Circle of Hope Global Partnerships Sandra Perkins and Jeffrey Ochsner FINCA gratefully acknowledges Greater Horizons Vivienne Perkins-McLean the more than 3,000 Circle of Hope Greater Kansas City Foundation Sally Pierson members who support our efforts to Incofin Investment Management Katie and Michael Place alleviate poverty by making automatic Inter-American Development Bank monthly contributions. To become Junius Powell Inter-American Investment Corporation a sustaining member of the Circle of William Raiford Hope, please visit FINCA.org/sustain. International Finance Corporation John Rau Jordan Kuwaiti Bank Alfred and Connie Remetch JS Bank Lenders Victoria Repen KfW Development Bank Anna Reynolds ACBA-Credit Agricole Bank Langley Hill Friends Society Phillip Richman Araratbank Locfund Michele Risa Ardshininvestbank MFX Solutions F. Bruce and Nancy Roberts ArmSwissBank Microfinance Enhancement Facility Sara Rothmuller Asian Development Bank (ADB) (MEF) Tracie Rowson Austrian Development Bank (OeEB) Microfinance Growth Facility (MigroF) Ellen Russak* Banamex Microfinance Investment Facility for Chris Sanders Banco Agromercantil de Guatemala Afghanistan (MISFA) Lynne Schreiber Banco Atlantida MicroVest Capital Management Rupert Scofield and Lorraine O’Hara Banco G&T Continental Nacional Financiera (NAFIN) Catherine Scott Banco Internacional Netherlands Development Finance Company (FMO) Priscilla Shaw* Banco Produzcamos NIB Bank Carrie Shearer Banco Reformador Ways to Support Oikocredit Wanda Shirk Overseas Private Investment Diane Short Bank im Bistum Essen Corporation (OPIC) Your support enables poor families to build their own incomes, John Shugars Banka Ekonomike Pasha Bank grow their businesses, access life-changing solar products and Nancy Sienknecht Banka per Biznes Perls Foundation Raymond Sinetar Banorte Prodel have a positive impact on their own communities. Rhea Singsen Black Sea Trade and Prometey Bank Nancy Solomon Development Bank Proparco There are so many ways to support FINCA’s work: BlueOrchard Finance Janet Spector Rabitabank Cairo Amman Bank Robert and Faye Spencer Regional MSME Fund for Sub-Saharan One-Time Gift: Your support will help to fuel the businesses of nearly Ruth Stahl Calvert Foundation Africa (REGMIFA) 2 million people. FINCA.org/donate. For Canadian donors, FINCACanada.org. Mary Steele responsAbility For United Kingdom donors, FINCAUK.org. Bill and Susie Thorness Corporacion Financiera Nacional Société Générale de Banque Jordanie Monthly: Become a monthly donor and create a reliable source of funds Roger Tiemann Credit Suisse Symbiotics that sustain new microloans to low-income individuals. FINCA.org/sustain Ann Tiernan TBC Bank Developing World Markets Linda Van Buren The Currency Exchange Fund (TCX) In Memory: Honor a loved one with a donation in memory or in Dreamcatcher Fund Constance Vanvig The World Bank celebration. FINCA.org/honor Egyptian Arab Land Bank Robin Velte Triodos Investment Management B.V. Barbara Wade European Bank for Reconstruction Stocks: Make a gift of stocks, bonds or mutual funds. FINCA.org/stock and Development Triple Jump Mark Wales European Fund for Southeast Europe UBL Bank Thomas and Barbara Weakley Double Your Impact: Many companies match employees’ gifts dollar for FINCA Microfinance Fund B.V. Karen and Stephen Wiel dollar. Contact your human resources department to see if your company First Merchant Bank Limited USAID/Development Credit Authority has a matching gift program. Priscilla and Rodney Wilson (USAID/DCA) French Agency for Development Watson Investments B.V. Maxine Wolf (Agence Française de Legacy: Join our Legacy Society by including a bequest to FINCA in Julia Wood Développement—AFD) Whole Planet Foundation your will. FINCA.org/legacy Lucy Wyatt and John Mattinen Frontiers WildHearts Limited Jan Zlotnick Fundación José María Covelo Woodlands Investment Management

40 2015 FINCA INTERNATIONAL ANNUAL REPORT *denotes deceased Photo: FINCA Staff The Road to Inclusion 41 Mission To alleviate poverty through lasting solutions that help people build assets, create jobs and raise their standard of living.

Vision FINCA.org | FINCACanada.org | FINCAUK.org To build a global network of sustainable and scalable social enterprises that improve lives worldwide. @FINCA | FINCAInternational