FINCA INTERNATIONAL INC

As filed

Subsection

03

NTEE code

Q123

Classification

1000

Street

1301 K ST NW STE 300W

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Mission and programs · 2024

• FINCA Kosovo - FINCA Kosovo has been operating for over 25 years and adheres to FINCA International's mission of ending poverty through sustainable and scalable solutions inspired by the insights and needs of people in the communities where they live and work. FINCA Kosovo, managed under FINCA Impact Network (FIF), is an unconventional community-based bank that profitably and responsibly provides innovative and impactful financial services that enable low-income individuals and communities to invest in their futures. In 2024, FINCA Kosovo provided financial services through 32 branches and served about 34,569 clients. The products and services offered included agriculture and business loans, women start-up loans, loans for home improvement, car purchase and registration financial facilities. Small business owners and farmers comprised the majority of its customers. The gross portfolio was $104 million US Dollars, with $98 million disbursed though 26,463 loans. The average loan size was of $3,690 US Dollars, and female borrowers represented 33.1% of the total clientele. FINCA Kosovo is also committed to serving the community through Social Responsibility activities underscoring their belief that environmental consciousness, ethical business practices, philanthropy, and economic empowerment are interconnected components that collectively contribute to a sustainable and socially responsible business model. Specifically, activities carried out through this subsidiary in 2024 included: training targeted to clients' groups across the country through its Learning and Development Center, participating in the traditional Honey Fair, forging the collaboration with the Autism Association, hosting internship programs, hosting the spring career fair, and becoming a member of the CSR Kosovo community. FINCA Kosovo is certified by the SMART Campaign for 'Customer Protection MicroFinanza Rating (MFR) with Client Protection Certification. Both of these recognitions reflect FINCA Kosovo's commitment to continue upholding industry-leading client protection standards in providing responsible finance and high ethical standards in the treatment of its clients.

  Expenses $14,251,524 · Revenue $19,471,323

• 361 by FINCA - Overview: 361 by FINCA is a digital B2B technology platform re-inventing microfinance. By leveraging event-based architecture and smart contract technology, 361 by FINCA enables financial service providers to digitize their operations and deliver configurable, low-cost credit products. This increases the relevance and reach of financial service providers, ultimately unlocking opportunity for the millions of micro-entrepreneurs who are currently held back by lack of access to affordable productive credit. 361 empowers providers to introduce new products (renewal loans, micro-insurance) and features (repayment holidays, cashback incentives) more quickly, while reducing operating costs. This makes credit simpler and more affordable - especially for women and smallholder farmers - empowering them to grow their businesses, build financial health, and create sustainable livelihoods for their families and communities. 2024 Milestones: In 2024, 361 by FINCA reached several key milestones. Ikigai Digital was selected as the platform build partner after a competitive review of nine system integrators, and 361 by FINCA leadership recruitment progressed to near completion, including the search for a Chief Technology Officer. Loan product pilots were initiated and monitored in Malawi, Uganda, and Zambia to eventually be coded as smart contracts onto the 361 Platform. Further, pre-build planning activities were completed, including defining agile workflows, MVP definitions, and build squad planning. Fundraising efforts also advanced to secure resources for both proof of concept and future scale, with active engagement of global donors and development finance institutions. Plan for 2025: Looking ahead, 361 will build and launch its platform MVP in partnership with Ikigai Digital, and potential partner Thought Machine Vault. The Platform will first launch in FINCA Malawi, with expansion planned to additional FINCA subsidiaries in Sub-Saharan Africa and to third-party partners. The MVP will digitize loan origination and renewal for individual and group customers, while establishing the differentiated architecture needed for faster product and feature innovation. In addition to building core platform capabilities and systems integrations, the team will be focused on operating model and regulatory engagement to ensure sustainable adoption.

  Expenses $2,487,951

• FINCA Impact Finance - Microfinance is a source of personal empowerment and an essential tool for economic mobility. For almost four decades, FINCA International (FINCA) has set the standard for what is possible in empowering low-income people to take control of their financial futures. As the founder and majority owner of FINCA Impact Finance (FIF), a network of 13 sustainable leading microfinance institutions and banks in Asia, Europe, Africa, and Latin America, FINCA provides access to responsible financial solutions that help low-income families create jobs, build assets, educate their children and improve their standard of living. Considering that as of 2027, nearly 1.7 billion adults around the world could remain financially excluded without access to useful and affordable financial products and services delivered in a responsible and sustainable way, FINCA remains committed to the advancement of financial inclusion in some of the most challenging markets in the world, in remote areas that many commercial providers can't or won't reach. Today, FIF offers a variety of products and services for individuals and groups. Worldwide, millions of entrepreneurs rely on FIF's commitment to consumer protection and an unmatched customer experience to help them build a better future for themselves, their families, and their communities. Through the Network, FINCA has reached 1.9 million customers, a $630 million USD loan portfolio, and $274 million USD deposits. According to FINCA's clients, FIF's products have helped improve their financial situation, increased their earnings, and grow their non-cash assets. During 2024, $1.1 billion US Dollars were disbursed across FIF's Network through 14.5 million loans. The total gross portfolio increased to $698.5 million US Dollars. Out of all the borrowers in that same year, 40.6% were women, confirming that this group continues to be at the heart of FINCA. Furthermore, the Network reported 3.5 million clients comprised by voluntary savers, group loans borrowers, and individual borrowers. A breakdown of number of clients per subsidiary follows below: Africa DRC: 331,260 Malawi: 163,710 Nigeria: 7,250 Tanzania: 825,583 Uganda: 150,007 Zambia: 22,674 Eurasia Armenia: 21,612 Azerbaijan: 32,957 Kyrgyzstan: 261,963 Tajikistan: 63,805 Latina America & The Caribbean Guatemala: 16,179 Haiti: 304 Middle East & South Asia Jordan: 18,991 Pakistan: 1,569,829

  Expenses $2,176,774 · Revenue -$757,176

• ALL OTHER PROGRAM EXPENSES

  Expenses $9,815,247 · Revenue $301,765

• FINCA PLUS PROGRAM EXPENSE

  Expenses $1,582,352

• FINCA Ventures - FINCA Ventures invests in early-stage companies that provide transformative products/services that support women, smallholder farmers, families on the margins, and microbusinesses in low-income communities across Sub-Saharan Africa. At present, FINCA Ventures has investments in health, fintech, agriculture, livelihoods, energy, education, water and sanitation. FINCA Ventures supported 26 portfolio companies that delivered life-enhancing products and services in 39 countries globally in 2024. IGNITIA: 3,128,851 users received access to local weather forecasts in West Africa, Kenya and Brazil. EAST AFRICA FRUITS: 25,090 smallholder farmers connected to 8,910 small, informal vendors in Tanzania, allowing for both groups to improve their incomes. GOOD NATURE AGRO: 21,999 smallholder farmers (45 percent of whom are female) reached in Zambia and Malawi. MERIDIA: 20,176 hectares mapped for 18,381 smallholder farmers across Ghana, Cote D'Ivoire and Indonesia. YYTZ: 911 smallholder farmers (65 percent of whom are female) received higher cashew prices in Tanzania. KUUNDA: 173M loans, totaling $965M, to over 5.5M registered mobile money agents and consumers in Tanzania, Uganda, and Malawi. KWARA: 149 SACCO / Credit Union clients fully digitized serving 161,703 end users in Kenya. MDAAS GLOBAL: 144,186 patients (60 percent of whom are female) gained affordable diagnostic services in Nigeria. SISU GLOBAL: Increased geographic scope by selling the Hemafuse device through distribution partners in Kenya, Uganda, Tanzania, Liberia, Ghana, and Ukraine hospitals to be used in surgeries to recycle a patient's own blood. SANIVATION: 527 metric tons of fecal sludge converted to fuel substitutes, saving 9,473 trees in Kenya. JIBU: 171M liters of clean water provided to customers and 1,620 jobs supported through 231 franchises in East Africa and Ghana. AMPED INNOVATION: 27,743 families benefited from 3,298 mWh of clean energy in Sub-Saharan Africa. PENDA: 159,883 patient visits at one of 16 affordable primary care clinics in Kenya. FLOATPAYS: 38,679 employees provided with early wage access in South Africa. RICULT: 1.3M smallholder farmers in Pakistan, Thailand and Vietnam use the Ricult farmer app to access satellite imagery, weather and soil maps to make better decisions on their farms and access input financing. CINCH: 236 smallholder farmers leased land to Cinch to earn a more stable income and increase the productivity of their land and an average of 902 casual workers supported field operations on a monthly basis. CHANZI: 7,847 MT of food waste processed using black soldier flies to produce nutritious protein for animal feed used by farmers and feed processors in Tanzania and Kenya, supporting 130 full-time employees across sites. KENTASTE: 5,812 smallholder farmers (29 percent of whom are female) received consistent access to market for their coconuts in Kenya. CASSVITA: 2,413 smallholder cassava farmers (93 percent of whom are female) saw an average increase in income of 400% and a post-harvest loss reduction from 40 to 5% after selling to CassVita in Cameroon. RISING ACADEMIES: 269,083 students across 926 schools in Sierra Leone, Ghana, Liberia, Rwanda, Uganda provided access to affordable, quality education. BANKINGLY: 120 small and medium size financial institutions with a registered customer base of 843,271 provided with digital banking channels in over 20 countries globally. ELUCID: 6,440 smallholder farmer households provided with access to affordable health care in Ghana, Madagascar, Venezuela and Ecuador. LAPAIRE: 76,354 customers (46 percent women) received access to glasses across 90 optical shops in Cote D'Ivoire, Togo, Burkina Faso, Uganda, Benin, and Mali. RELEAF: 290 palm nut suppliers (24 percent women) provided with consistent access to market in Nigeria. AFFINITY AFRICA: 45,880 underserved and unbanked customers received access to financial services in Ghana. FLUID Finance: 1,403 smallholder farmers (51 percent women) provided with consistent access to market and to financial services in Ghana.

  Expenses $1,217,092 · Revenue $103,299

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

• AGRINA MUSSA

  DIRECTOR

  Total calculated

  $0

  Hours/week

  5

• AVANTHI SHAH

  DIRECTOR

  Total calculated

  $0

  Hours/week

  5

• CATHERINE MOHR

  DIRECTOR (UNTIL 9/2024)

  Total calculated

  $0

  Hours/week

  5

• CHARLES TREVAIL

  DIRECTOR

  Total calculated

  $0

  Hours/week

  5

• DAN GREEN

  DIRECTOR

  Total calculated

  $0

  Hours/week

  5

• DAVID WEISMAN

  DIRECTOR/BOARD CHAIRMAN

  Total calculated

  $0

  Hours/week

  5

• ERIC CHERN

  DIRECTOR

  Total calculated

  $0

  Hours/week

  5

• JOHN ELKINS

  DIRECTOR

  Total calculated

  $0

  Hours/week

  5

• JOHN HATCH

  DIRECTOR

  Total calculated

  $70,028

  From this org

  $70,028

  From related orgs

  $0

  Other

  $0

  Hours/week

  5

• JORDAN GREENAWAY

  DIRECTOR

  Total calculated

  $0

  Hours/week

  5

• JULIE HOUSER

  DIRECTOR/DR. OF PEOPLE OPS & HR

  Total calculated

  $165,834

  From this org

  $113,272

  From related orgs

  $0

  Other

  $52,562

  Hours/week

  45

  Schedule J breakdown matched by us

  Base

  $113,272

  Bonus

  $0

  Other

  $0

  Deferred

  $9,728

  Nontaxable benefits

  $42,834

  Filer's total

  $165,834

• RICHARD WILLIAMSON

  DIRECTOR

  Total calculated

  $0

  Hours/week

  5

• SHAWN HASSEL

  DIRECTOR

  Total calculated

  $0

  Hours/week

  5

• ANDREE SIMON

  PRESIDENT & CEO

  Total calculated

  $434,533

  From this org

  $0

  From related orgs

  $388,701

  Other

  $45,832

  Hours/week

  40 + 10 related

  Schedule J breakdown matched by us

  Base

  $0 + $388,701 related

  Bonus

  $0

  Other

  $0

  Deferred

  $0 + $21,890 related

  Nontaxable benefits

  $0 + $23,942 related

  Filer's total

  $0 + $434,533 related

• KUO-WEI WANG

  CHIEF FINANCIAL OFFICER

  Total calculated

  $242,709

  From this org

  $216,130

  From related orgs

  $0

  Other

  $26,579

  Hours/week

  40

  Schedule J breakdown matched by us

  Base

  $216,130

  Bonus

  $0

  Other

  $0

  Deferred

  $10,179

  Nontaxable benefits

  $16,400

  Filer's total

  $242,709

• STEFAN GRUNDMANN

  CHIEF OPERATING OFFICER

  Total calculated

  $257,791

  From this org

  $240,210

  From related orgs

  $0

  Other

  $17,581

  Hours/week

  40

  Schedule J breakdown matched by us

  Base

  $240,210

  Bonus

  $0

  Other

  $0

  Deferred

  $14,420

  Nontaxable benefits

  $3,161

  Filer's total

  $257,791

• COLLEEN ZAKREWSKY

  SVP, DEVELOPMENT & EXTERNAL RELATIONS

  Total calculated

  $321,720

  From this org

  $279,982

  From related orgs

  $0

  Other

  $41,738

  Hours/week

  40

  Schedule J breakdown matched by us

  Base

  $279,982

  Bonus

  $0

  Other

  $0

  Deferred

  $15,491

  Nontaxable benefits

  $26,247

  Filer's total

  $321,720

• DREW BOSHELL

  EXECUTIVE DIRECTOR AFFILIATE

  Total calculated

  $256,183

  From this org

  $226,846

  From related orgs

  $0

  Other

  $29,337

  Hours/week

  40

  Schedule J breakdown matched by us

  Base

  $226,846

  Bonus

  $0

  Other

  $0

  Deferred

  $0

  Nontaxable benefits

  $29,337

  Filer's total

  $256,183

• KWASI DONKOR

  MANAGING DIRECTOR - POVERTY ERADICATION LAB

  Total calculated

  $241,210

  From this org

  $203,712

  From related orgs

  $0

  Other

  $37,498

  Hours/week

  40

  Schedule J breakdown matched by us

  Base

  $203,712

  Bonus

  $0

  Other

  $0

  Deferred

  $704

  Nontaxable benefits

  $36,794

  Filer's total

  $241,210

• P DANIEL SMITH

  GENERAL COUNSEL

  Total calculated

  $451,107

  From this org

  $0

  From related orgs

  $376,543

  Other

  $74,564

  Hours/week

  40

  Schedule J breakdown matched by us

  Base

  $0 + $376,543 related

  Bonus

  $0

  Other

  $0

  Deferred

  $0 + $22,185 related

  Nontaxable benefits

  $0 + $52,379 related

  Filer's total

  $0 + $451,107 related

• SCOTT GRAHAM

  VP OF CUSTOMER RESEARCH

  Total calculated

  $233,164

  From this org

  $197,346

  From related orgs

  $0

  Other

  $35,818

  Hours/week

  40

  Schedule J breakdown matched by us

  Base

  $197,346

  Bonus

  $0

  Other

  $0

  Deferred

  $15,893

  Nontaxable benefits

  $19,925

  Filer's total

  $233,164

• SETH SPIRO

  CHIEF PRODUCT AND CUSTOMER OFFICER

  Total calculated

  $264,572

  From this org

  $0

  From related orgs

  $232,612

  Other

  $31,960

  Hours/week

  40

  Schedule J breakdown matched by us

  Base

  $0 + $232,612 related

  Bonus

  $0

  Other

  $0

  Deferred

  $0 + $15,275 related

  Nontaxable benefits

  $0 + $16,685 related

  Filer's total

  $0 + $264,572 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us. Earlier years are each on their own filing page.

Filings

• 2024

  Revenue

  $42,466,280

  Expenses

  $38,701,520

  Contributions

  $21,622,315

  Grants paid

  $0

• 2023

  Revenue

  $38,721,345

  Expenses

  $28,320,861

  Contributions

  $20,874,304

  Grants paid

  $0

• 2022

  Revenue

  $21,106,368

  Expenses

  $25,961,621

  Contributions

  $18,753,953

  Grants paid

  $0

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

• 2024 · 990-T

  Revenue

  — not reported

  Expenses

  — not reported

  Assets (EOY)

  — not reported

• 2023 · 990-T

  Revenue

  — not reported

  Expenses

  — not reported

  Assets (EOY)

  — not reported

• 2022 · 990-T

  Revenue

  — not reported

  Expenses

  — not reported

  Assets (EOY)

  — not reported

• 2021 · 990

  Revenue

  $3,850,146

  Expenses

  $21,749,021

  Assets (EOY)

  $204,181,104

• 2021 · 990-T

  Revenue

  — not reported

  Expenses

  — not reported

  Assets (EOY)

  — not reported

• 2020 · 990

  Revenue

  $16,504,630

  Expenses

  $23,686,047

  Assets (EOY)

  $220,542,017

• 2020 · 990-T

  Revenue

  — not reported

  Expenses

  — not reported

  Assets (EOY)

  — not reported

• 2019 · 990

  Revenue

  $37,322,129

  Expenses

  $21,982,731

  Assets (EOY)

  $230,960,082

• 2018 · 990

  Revenue

  $32,426,939

  Expenses

  $22,165,663

  Assets (EOY)

  $165,912,111

• 2017 · 990

  Revenue

  $70,990,670

  Expenses

  $61,145,685

  Assets (EOY)

  $154,709,979

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.

Grants made

No itemized grants to organizations. Schedule I is filed only by organizations that granted more than $5,000 to a recipient, so most filers have none.

Grants received

• FIDELITY INVESTMENTS CHARITABLE GIFT FUND

  $1,050,013

  2024 · For grant recipient's exempt purposes

• FIDELITY INVESTMENTS CHARITABLE GIFT FUND

  $824,111

  2023 · For grant recipient's exempt purposes

• FIDELITY INVESTMENTS CHARITABLE GIFT FUND

  $658,498

  2022 · For grant recipient's exempt purposes

• DONOR ADVISED CHARITABLE GIVING

  $642,528

  2024 · INTERNATIONAL, FOREIGN AFFAIRS

• DONOR ADVISED CHARITABLE GIVING

  $516,936

  2023 · INTERNATIONAL, FOREIGN AFFAIRS

• DONOR ADVISED CHARITABLE GIVING

  $424,728

  2022 · INTERNATIONAL, FOREIGN AFFAIRS

• COMMUNITY FOUNDATION OF NORTHERN NEVADA

  $320,264

  2023 · general support

• MORGAN STANLEY GLOBAL IMPACT FUNDING TRUST INC

  $300,000

  2024 · UNRESTRICTED GENERAL SUPPORT

• VANGUARD CHARITABLE ENDOWMENT PROGRAM

  $268,854

  2022 · FOR RECIPIENT'S EXEMPT PURPOSE

• VANGUARD CHARITABLE ENDOWMENT PROGRAM

  $222,001

  2023 · FOR RECIPIENT'S EXEMPT PURPOSE

The 10 largest by cash amount. The API serves every itemized grant.

Related organizations

From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.

Taxable family

From Schedule R Parts I, III and IV: entities that legally are the filer, and taxable partnerships, corporations and trusts it is related to. These record ownership and control, not shared board members or money.

California fundraising campaigns

Campaigns run by paid fundraisers, commercial coventurers and thrift stores naming this organization, as California published them. Both figures are as filed, and what the first one counts depends on the campaign type — a coventurer or a thrift store files its own sales rather than money collected for the charity. The 990 reports this only as a yearly total, never per campaign.

• QCSS INC.

  $0 raised

  2024 · Commercial Fundraiser

  $0 to charity

• QCSS INC.

  $1,015 raised

  2023 · Commercial Fundraiser

  $0 to charity

• SD&A TELESERVICES INC.

  $0 raised

  2023 · Commercial Fundraiser

  $0 to charity

• SD&A TELESERVICES INC.

  $33,741 raised

  2022 · Commercial Fundraiser

  $19,075 to charity

• SD&A TELESERVICES INC.

  $5,049 raised

  2022 · Commercial Fundraiser

  $2,149 to charity

• SD&A TELESERVICES INC.

  $33,741 raised

  2021 · Commercial Fundraiser

  $19,076 to charity

• SD&A TELESERVICES INC.

  $29,188 raised

  2020 · Commercial Fundraiser

  $15,731 to charity

• SD&A TELESERVICES INC.

  $26,849 raised

  2019 · Commercial Fundraiser

  $19,891 to charity

• PUBLIC INTEREST COMMUNICATIONS INC.

  $3,010 raised

  2019 · Commercial Fundraiser

  -$7,462 to charity

Amounts are as filed and do not add up: a commercial coventurer reports one promotion's whole gross once for each charity that shared in it. A campaign may also name more than one registered charity, in which case it appears on each.

Other IRS files