The first FINCA operations in Africa were in Uganda in 1992. The first village bank group created in Uganda in 1992 by our Global President and CEO, Mr. Rupert Scofield, is still running and its members are happy clients of FINCA. Since then FINCA Africa has expanded its outreach to Malawi (1994), Tanzania (1998), Zambia (2001) and the Democratic Republic of Congo (2003). Now we are in Nigeria (2014).
FINCA started operations in Nigeria as FINCA Microfinance Bank Limited in 2014 with headquarters in Owerri, Imo State and has plans for strategic expansion to all other parts of Nigeria.
To the Nigerian market, FINCA is here to become “The Unconventional Bank” delivering Warm, Trusted and Responsible banking services.
FINCA Microfinance bank has continuously focused on refining key aspect of its business: physical and organizational infrastructure, Information Technology Systems, products, policies and procedures, and the focus on customer centricity, resulting in strong and sustained growth in portfolio and outreach.
FINCA Microfinance Bank has engaged in developing new electronic channels to increase client accessibility to our services, to allow us to efficiently scale up our services, and to effectively service the different market segments we would like to reach out to. We are developing new channels in different subsidiaries to gain the experience necessary to export the most effective ones to other subsidiaries.
The FINCA Microfinance Bank team consists of local and International professionals, blending decades of experience in Africa and beyond with the local market knowledge.