FINCA Microfinance Holding Company LLC (FMH) is a social investment partnership that owns and operates microfinance institutions and banks in 20 countries across five continents. FMH’s subsidiaries provide responsible financial services to low-income individuals and their communities, helping people to build assets, create jobs and raise their standard of living. We operate our microfinance network to achieve positive social impact, in line with the FINCA mission but using commercial principles that also require sustainable financial results to ensure the health of our company and our ability to continue expanding services to people in need.
FINCA International Inc. is a Washington, D.C.- based not-for-profit organization and a majority shareholder of FMH. FMH’s minority shareholders are the International Finance Corporation (IFC), KfW, Nederlandse Financierings-Maatschappij voor Ontwikkelingslanden N.V. (FMO), Triple Jump and Triodos.
The FMH partnership brings capital, financial leverage and business acumen to FINCA’s microfinance operations. This is especially important as the microfinance landscape evolves to include new technologies and new expectations from clients, regulators and traditional supporters. Since 2011, the partners’ capital has helped expand FINCA’s lending to clients and has supported the ongoing transformation of FINCA’s microfinance subsidiaries into licensed financial institutions that can offer a full range of essential financial services. It has also enabled FMH to borrow additional funds from the capital markets, as needed to support our growth and client needs.
FINCA International is the creator of the FINCA network of microfinance institutions and the major shareholder of FINCA Impact Finance. As a non-profit organization, FINCA International uses philanthropic capital and donations to maintain and steward its investment in the microfinance mission through FMH; research client needs and monitor outcomes; support client-centred product development; introduce new technology, services and client education; and support on-lending of funds to micro- and small enterprises by local subsidiaries.
IFC, a member of the World Bank Group, is the largest global development institution focused exclusively on the private sector. Working with private enterprises in more than 100 countries, they use their capital, expertise, and influence to help eliminate extreme poverty and promote shared prosperity. In FY13, their investments climbed to an all-time high of nearly billion, leveraging the power of the private sector to create jobs and tackle the world’s most pressing development challenges.
The KfW, formerly KfW Bankengruppe is a public law institution that is 80% owned by the Federal Republic of Germany and 20% owned by the Federal states. KFW is a development and promotional bank with no branch network and customer deposits, it refinances its lending business almost exclusively in the international capital markets. On behalf of the German government, KFW finances reforms, infrastructure and financial systems for socially and ecologically compatible economic growth in more than 110 countries.
The Netherlands Development Finance Company (FMO) is the Dutch development bank that supports sustainable private sector growth in developing and emerging markets by investing in ambitious entrepreneurs. FMO believes a strong private sector leads to economic and social development, empowering people to employ their skills and improve their quality of life. FMO focuses on three sectors that have high development impact: financial institutions, energy, and agribusiness, food & water.
Triple Jump is an impact-focused investment manager that provides meaningful and responsible investment opportunities for micro and small enterprises in developing countries. It serves as a bridge between developed capital markets in the West and financial sectors in developing countries by improving access to appropriate financial services for entrepreneurs at the bottom of the pyramid. Triple Jump provides capital and advisory services and focuses its support in three key developmental stages of microfinance institutions (emerging, expanding and mature).
Investment Management is a subsidiary of Triodos Bank, one of the world’s leading sustainable banks. Triodos Investment Management is a globally recognised leader in impact investing, managing direct investments ranging from sustainable energy infrastructure to microfinance institutions. Through specialised funds, it currently provides finance – both debt and equity – to 104 upcoming and well-established financial institutions in 44 countries.