FINCA It has diversified its product offerings to meet the needs of different market segments and has developed new electronic channels to provide clients easier and improved accessibility to our services.
FINCA Nicaragua Milestones
1992 – FINCA Nicaragua was founded
FINCA Nicaragua was established in 1992 offering Village Banking, the group lending program to encourage entrepreneurship among those without access to financial assistance. The majority of clients were women who were given the opportunity to improve the lives of their families.
2011 – Association of Banks of Nicaragua
FINCA underwent the formal transformation from a Non-profit organization to a Financial Institution offering both individual and group loans to clients.
2013 – 2015 Growth and Outreach
By opening four new branches Financiera FINCA established a widespread network of sixteen full service branches across the country.
2018 – Recruitment of payment collectors agents
Financiera FINCA Nicaragua launched a payment collection service through a network of local agents. Enabling these channels aims to bring payment windows closer to those customers who, due to distance, time or demographic conditions, have difficulty reaching branches.
2019 – Branches Regionalization
Financiera FINCA Nicaragua centralized its branch network in six regional branches and will strengthen the customer experience with the inclusion of digital tools with the FINCA 2.0 strategy.