Talk:FINCA International

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An entry from FINCA International appeared on Wikipedia's Main Page in the Did you know? column on 25 April 2007.

This article is part of WikiProject International development, which is building a comprehensive, detailed, and accessible guide to International development, including such areas as Appropriate technology, Microfinance, and social issues related to development. If you would like to participate, you can edit the article attached to this page, or visit the project page, where you can see a list of open tasks and discuss the project.

[edit] Fair use rationale for Image:FINCA Logo.PNG

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[edit] FINCA's origin in Grameen Bank

Having worked for FINCA until recently I feel obliged to mention what is burningly obvious to our peers around the world. Microfinance/microcredit programmes around the world are without exception inspired and influenced by the founders of the concept Grameen Bank (of Bangladesh). I always found it embarrassing that we never made reference to Professor Muhammad Yunus the distinguished Nobel prize-winning founder of Grameen who taught us all. I hope this can be rectified. Here follows our own (FINCA) press release after Professor Yunus deservedly won the prize:

http://www.villagebanking.org/site/c.erKPI2PCIoE/b.2611153/apps/s/content.asp?ct=3711677

"“It’s exciting that the rest of the world now knows how Dr. Yunus’s idea of trusting the poor has spawned an entire movement of organizations like FINCA who provide small loans to the world’s poorest people, mostly women, to help them create their own paths out of poverty,” said Executive Director Rupert Scofield. “We couldn’t be happier that Dr. Yunus has been honored in this most prestigious way.”

FINCA Founder John Hatch, a decades-long leader in the microcredit field and father of the village banking microlending methodology, echoed Scofield’s sentiments, recalled Dr. Yunus’ service as a member of the Board of Directors of FINCA International for seven years. "

Please feel free to make the insertion/correction in the main article. Fincablog (talk) 00:38, 17 December 2007 (UTC)

I should add that 'Grameen' means 'village' in the language of Bangladesh. As we all know Grameen Bank are unequivocally the pioneers and innovators in microfinance/microcredit as we know it today - and "par exemple" its application to the rural, 'village' context. We all attend conferences and let's not beat about the bush. I am sometimes ashamed that we as a country can not recognise that smaller and of course poorer countries such as Bangladesh is can still be a place of innovation. Fincablog (talk) 00:44, 17 December 2007 (UTC)

I agree. I came to this article trying to find the name of the Nobel Prize winner who created this movement and inspired organizations like FINCA. When I read the name John Hatch under the section Background and History I was a little upset and compelled to write something in this discussion page. To my surprise, I'm not the only one who feels this way. --Hamsterlopithecus (talk) 00:17, 3 January 2008 (UTC)