Gates Grant to FINCA Supports Development of Savings Products - Bill & Melinda Gates Foundation

WASHINGTON -- FINCA programs in Uganda, Ecuador and Democratic Republic of Congo will develop deposit mobilization strategies for scaling up savings services to very low-income families and individuals in an effort to help them build assets, reduce risks and improve their standard of living. Through the support of the Bill & Melinda Gates Foundation, FINCA will replicate successful models throughout its 21-affiliate network, with the goal of mobilizing $400 million in low-balance accounts within 10 years.

To read the full press release visit the FINCA web site.