FINCA Mexico

  • FINCA Mexico was the first FINCA affiliate to surpass the 100,000-client mark and is helping create jobs, build assets and improve the standard of living for our clients and the more than half a million children and adults in their families. Some 60-70% of our client population, which has grown more than sixfold in just three years, lives below the poverty line. About 75% live in rural areas. Some 70% are involved in selling goods, 20% in services and the rest in processing or selling farm products. FINCA serves clients in 12 of Mexico's 31 states.
  • FINCA Mexico has received the highest possible rating from an independent rating agency specializing in microfinance institutions. The agency examined all aspects-financial, managerial, and programmatic-of the operation and deemed it "excellent."

Project Details

Country: Mexico

Project: Product Costing System for Finca Mexico

Project Date: February 2010 – July 2010

Product/Services supplied: Product costing for the Village Bnking Product and the Individual Loan. The benefits of the consultancy were: the product costing tool, the revision of the process, improvement of efficiency. There was designed a Product Costing Model, a Final Report and a User Manual.

Supporter: FINCA Mexico

Team (work in-situ): Two expert consultant, and one institutional counterpart.

 

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