FINCA Bank carries out a range of activities in fulfilling the FINCA Impact Finance purpose of providing innovative and impactful financial services to enable low-income individuals to invest in their futures. In addition to providing financial products and services, FINCA Bank provides financial literacy and business education, creating new opportunities for clients to improve their quality of life and build promising futures.
Supporting the population in improving their living standards is a fundamental goal of FINCA Bank’s long-term project – “Basics of Financial Literacy”. FINCA Bank provides financial literacy training to help individuals, families and communities better manage their finances and take control of their financial futures. Since 2011, bank staff have led training exercises in collaboration with local authorities and public and international organizations. FINCA Bank also takes part in international financial literacy campaigns.
Financial Literacy Articles
The Financial Literacy project of the CJSC FINCA Bank is a multiple program which includes various directions, channels and instruments of distribution.
Microfinancing is an opportunity to get small credit by the people who have small business and need to finance it. As a rule, collateral is not required, and the creditor stands minimum requirements to documents.
Let’s clarify terminology first: banking deposit is amount of money delivered by the physical or legal person to the bank in order to get income in a form of interest. This interest on deposit is formed in a course of financial transactions.
Actually, every person experiences need to save certain amounts of money. It is caused by fact that unforeseen situations happen in our life.
Our Social Projects
FINCA Bank supported the LOVZprint project in the field of socially responsible business the aim of which is training physically challenged people on the fundamentals of entrepreneurship in order to start their own income-generating activity.
“Protection Rights of Orphans” Public Fund has sent a letter of gratitude to FINCA Bank. The management expresses their gratitude for the assistance in holding a holiday for their wards.
FINCA Bank Kyrgyzstan supported opening of temporary kindergartens on high mountain pastures. The project implemented by the international foundation “Roza Otunbaeva’s Initiative” provides an opportunity for children from remote regions to study and get prepared for school.
FINCA Bank supported the opening of 10 kindergartens in jailoo.