2020-10-20T04:48:02-05:00 2019-12-31 861065772 DELOITTE TAX LLP 7900 TYSONS ONE PLACE STE 800 MCLEAN VA 22102 990 2019-01-01 133240109 FINCA INTERNATIONAL INC FINC 2026821510 1201 15TH STREET NW 8TH FLOOR WASHINGTON DC 20005 KUO-WEI WANG DIRECTOR OF FINANCE 2026821510 2020-10-16 1 RACHEL KAUFMAN P01485017 7032511000 67.171.79.95 2020-10-16 09:21:35 ED P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 92426507D63AB8DCB9F8A2EED31D9394E8F3722B 2019 2021-01-29 14:40:06Z RUPERT W SCOFIELD 1201 15TH STREET NW 8TH FLOOR WASHINGTON DC 20005 39110872 0 X WWW.FINCA.ORG X 1984 NY ALLEVIATE POVERTY BY HELPING PEOPLE BUILD ASSETS, CREATE JOBS AND RAISE THEIR STANDARD OF LIVING. 15 13 39 17 0 0 16676131 20080711 11893224 16920817 3724145 226974 133439 93627 32426939 37322129 0 0 0 0 7128279 7715548 470319 461798 3262740 14567065 13805385 22165663 21982731 10261276 15339398 165912111 230960082 51469849 55990302 114442262 174969780 X PROMOTE THE ECONOMIC AND SOCIAL WELL BEING OF LOW-INCOME INDIVIDUALS, FAMILIES AND GROUPS THROUGHOUT THE WORLD PROVIDING FINANCIAL ASSISTANCE, LOANS, SAVINGS ACCUMULATION, AND OTHER OPPORTUNITIES AND ASSISTANCE. 0 0 855171 4233879 FINCA IMPACT FINANCE:NEARLY 1.7 BILLION ADULTS AROUND THE WORLD REMAIN FINANCIALLY EXCLUDED WITHOUT ACCESS TO USEFUL AND AFFORDABLE FINANCIAL PRODUCTS AND SERVICES DELIVERED IN A RESPONSIBLE AND SUSTAINABLE WAY. THE PREDOMINANT GROUP AMONG THE FINANCIALLY EXCLUDED IS COMPRISED BY UNEMPLOYED OR LOW-INCOME INDIVIDUALS GIVEN THE HIGH COSTS ASSOCIATED WITH TRADITIONAL BANKING. FOR FINCA INTERNATIONAL, THE ADVANCEMENT OF FINANCIAL INCLUSION IS OF PIVOTAL IMPORTANCE CONSIDERING THAT ACCESS TO BASIC FINANCIAL SERVICES CAN BRIDGE THE ECONOMIC GAP BETWEEN THE HAVES AND HAVE-NOTS. FURTHERMORE, IT CAN FOSTER ECONOMIC SUSTAINABILITY AND SELF-RELIANCE AMONG THE UNDERPRIVILEGED POPULATION. FINCA INTERNATIONAL FIRMLY BELIEVES IN ECONOMIC OPPORTUNITY AND JUSTICE FOR ALL AND THEREFORE IS COMMITTED TO PURSUE THE ADVANCEMENT OF FINANCIAL INCLUSION. FINCA INTERNATIONAL IS THE FOUNDER AND MAJORITY OWNER OF FINCA IMPACT FINANCE (FIF), A NETWORK OF 20 COMMUNITY-BASED MICRO-FINANCE INSTITUTIONS AND BANKS THAT AMPLIFIES FINANCIAL INCLUSION THROUGH INNOVATIVE, RESPONSIBLE AND IMPACTFUL FINANCIAL SERVICES TO UNDERPRIVILEGED CLIENTS. SERVICES PROVIDED BY FIF INCLUDE: VILLAGE BANKING AND SMALL GROUP LOANS TARGETED TO LOW-INCOME MICRO-ENTREPRENEURS; INDIVIDUAL LOANS TO SUPPORT THE GROWTH OF SMALL BUSINESSES GROWTH AND JOB CREATION; LOANS WITH EXCLUSIVE REPAYMENT CONDITIONS FOR CLIENTS IN AGROBUSINESSES WHO ARE IN NEED OF PURCHASING SEEDS, FERTILIZER, LIVESTOCK AND EQUIPMENT; SAVINGS ACCOUNTS TO PROMOTE RELIEF AGAINST DIFFICULT TIMES; CREDIT, DISABILITY AND FUNERAL INSURANCE TO LESSEN FINANCIAL STRESS ASSOCIATED WITH MAJOR OR UNEXPECTED EXPENSES; MONEY TRANSFERS CARRIED OUT IN A SAFE AND AFFORDABLE WAY; AND, ENERGY LOANS TO PURCHASE OR LEASE CLEAN ELECTRICITY SYSTEMS OR PRODUCTS. FOR 2019, FIF REPORTED A TOTAL OF $1.0 BILLION IN LOANS DISBURSED, OVER 2,341,067 INDIVIDUALS SAVING ON A REGULAR BASIS ADDING UP TO $423 MILLION IN VOLUNTARY DEPOSITS, AND 42.3% OF CLIENTS WHO WERE WOMEN. FOR THAT SAME YEAR, FIF'S AFFILIATES AROUND THE WORLD REPORTED THE FOLLOWING NUMBERS OF CLIENTS OR BENEFICIARIES OF FINANCIAL PRODUCTS AND SERVICES: DRC: 357,540MALAWI: 53,243NIGERIA: 31,105TANZANIA: 354,154UGANDA: 116,877ZAMBIA: 19,576ARMENIA: 38,535AZERBAIJAN: 14,312GEORGIA: 65,841KOSOVO: 22,491KYRGYZSTAN: 147,263TAJIKISTAN: 29,800ECUADOR: 44,250GUATEMALA: 41,380HAITI: 51,566HONDURAS: 67,850NICARAGUA: 8,179AFGHANISTAN: 28,776JORDAN: 38,957PAKISTAN: 1,128,248 1057469 0 FINCA PLUS:FOR OVER 30 YEARS, FINCA HAS DEMONSTRATED THAT ACCESS TO RESPONSIBLE FINANCE IS AN IMPORTANT TOOL FOR STRENGTHENING THE ECONOMIC SECURITY OF POOR AND LOW-INCOME FAMILIES. AT THE SAME TIME, FINCA HAS REALIZED THAT IT IS ESSENTIAL THAT ACCESS TO FINANCE CAN BE USED ON NON-FINANCIAL GOODS, SUCH AS CLEAN ENERGY PRODUCTS, WHICH ARE CRITICAL FOR IMPROVING A FAMILIES HEALTH AND WELL-BEING AND INCREASING PRODUCTIVITY. FINCA PLUS LLC (D.B.A. IN UGANDA AS BRIGHTLIFE) IS A SOCIAL ENTERPRISE CREATED BY FINCA WHICH PAIRS ACCESS TO FINANCE WITH ACCESS TO ENERGY TO UNLOCK PRODUCTIVITY AND WELL-BEING FOR THE POOR. BRIGHTLIFE PROVIDES LIFE-ENHANCING PRODUCTS SUCH AS SOLAR HOME SYSTEMS AND IMPROVED COOKSTOVES TO THE BOP MARKET AT AFFORDABLE RATES. AS IMPORTANTLY, AND ALIGNED WITH FINCA'S MORE TRADITIONAL MICRO-LENDING ACTIVITIES, BRIGHTLIFE FINANCES THESE AFFORDABLE PRODUCTS UTILIZING PAYGO TECHNOLOGY SO THAT INDIVIDUALS CAN ACCESS THESE LIFE-ENHANCING PRODUCTS THAT THEY MIGHT NOT OTHERWISE BE ABLE TO AFFORD.IN 2019, BRIGHTLIFE EMPLOYED 45 FULL-TIME EMPLOYEES IN UGANDA AND HAD A COMMISSION BASED SALES DISTRIBUTION NETWORK OF APPROXIMATELY 300 AGENTS. BRIGHTLIFE SOLD 8,904 PRODUCTS OVER THE YEAR WHICH IMPROVED THE LIVES OF APPROXIMATELY 50,000 UGANDANS (AVERAGE FAMILY SIZE OF 6). 666099 47926 FINCA VENTURES:FINCA VENTURES PORTFOLIO COMPANIES DIRECTLY CONTRIBUTE TO 12 OF THE 17 SDGS. COMPLEMENTING OUR EFFORT TO ALIGN IMPACT GOALS TO THE SDGS, FINCA VENTURES ASSESSES PORTFOLIO COMPANIES ACROSS THREE DIMENSIONS OF IMPACT WHICH ARE SCALE, DEPTH AND THE TARGET POVERTY LEVEL OF END-CUSTOMERS. SCALE AND DEPTH OF IMPACT HAVE INHERENT TRADEOFFS. KEEPING THESE TRADEOFFS IN MIND, FINCA VENTURES SUPPORTS PORTFOLIO COMPANIES ACROSS THIS SPECTRUM AS IT SEEKS TO MAXIMIZE PRODUCT AND SERVICE TO INCREASE SOCIAL IMPACT. FINCA VENTURES SUPPORTED EIGHT PORTFOLIO COMPANIES THAT DELIVERED LIFE-ENHANCING PRODUCTS AND SERVICES IN 31 COUNTRIES GLOBALLY IN 2019.AMPED INNOVATION: 27,910 FAMILIES BENEFITING FROM 2,547 MWH OF CLEAN ENERGYIGNITIA: 1,362,351 INDIVIDUALS RECEIVING 23,523,910 WEATHER FORECASTSMDAAS GLOBAL: 8,195 PATIENTS (64 PERCENT OF WHOM ARE FEMALE) GAINING AFFORDABLE DIAGNOSTIC SERVICESENEZA EDUCATION: 636,906 ACTIVE LEARNERS ON THE PLATFORM (ON AVERAGE) ACCESSING DIGITAL EDUCATION RESOURCES AND COMPLETING 4,932,581 LESSONS SANIVATION: 907 METRIC TONS OF FECAL SLUDGE CONVERTED TO FUEL SUBSTITUTES, SAVING 27,387 TREESEAST AFRICA FRUITS: 1,735 SMALLHOLDER FARMERS CONNECTED TO 680 SMALL, INFORMAL VENDORS, ALLOWING FOR BOTH GROUPS TO IMPROVE THEIR INCOMESGOOD NATURE AGRO: 5,582 SMALLHOLDER FARMERS GETTING $966,415 IN PAYOUTS FOR THEIR HARVESTS 8022176 12370031 FINCA KOSOVO BRANCH 6658124 268981 OTHER PROGRAM SERVICES 14680300 12639012 17259039 1 1 0 0 0 0 0 0 0 0 1 0 1 0 1 1 0 1 0 1 1 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 1 0 1 0 0 0 1 1 1 1 0 0 1 X 27 0 1 39 1 0 1 AF AJ AM CG CJ EC GG GT HA HO JO KG KV MI MX NH NI NL NU PK TI TZ UG ZA 0 0 0 0 0 0 0 0 0 0 X 15 13 1 0 0 0 1 1 1 1 1 0 1 1 1 1 1 1 1 1 1 1 1 1 AK AL AR CA CT FL GA HI IL KS KY LA MA MD MI MN MS NH NJ NM NY OK OR PA RI SC TN UT VA WI WV X X KUO-WEI WANG 2026821510 1201 15TH ST NW 8TH FLOOR WASHINGTON DC 20005 AGRINA MUSSA DIRECTOR 5.00 0.00 X 0 0 0 AMANDA ELLIS DIRECTOR 5.00 0.00 X 0 0 0 AVANTHI SHAH DIRECTOR 5.00 0.00 X 0 0 0 CHARLES TREVAIL DIRECTOR 5.00 0.00 X 0 0 0 DANIELA MIELKE DIRECTOR 5.00 0.00 X 0 0 0 DAVID WEISMAN DIRECTOR 5.00 5.00 X 0 0 0 FRED SEYMOUR DIRECTOR 5.00 0.00 X 0 0 0 HAROLD JASTRAM DIRECTOR 5.00 0.00 X 0 0 0 JAMES SEMAKADDE DIRECTOR 5.00 0.00 X 0 0 0 JOHN ELKINS DIRECTOR 5.00 0.00 X 0 0 0 JOHN HATCH DIRECTOR 10.00 0.00 X 72943 0 0 PETER EPP DIRECTOR 5.00 0.00 X 0 0 0 RICHARD WILLIAMSON DIRECTOR 5.00 10.00 X 0 0 0 ROBERT HATCH CHAIRMAN 10.00 5.00 X 0 0 0 RUPERT SCOFIELD PRESIDENT & CEO 40.00 10.00 X X 401135 0 41578 DEBRA SPAGNOLA CFO (END 3/2019) 40.00 0.00 X 80333 0 4132 LINDA TOSCANO CFO (3/2019-12/2019) 40.00 0.00 X 140202 0 9063 COLLEEN ZAKREWSKY CHIEF DEVELOPMENT OFFICER 40.00 0.00 X 205471 0 23186 AMI DALAL VP, SOCIAL ENTERPRISE INNOVATI 40.00 0.00 X 188966 0 15984 JUDITH REYES GENERAL COUNSEL (END 12/2019) 40.00 0.00 X 212650 0 10121 SCOTT GRAHAM DIRECTOR OF CUSTOMER RESEARCH 40.00 0.00 X 163980 0 27525 SOLEDAD GOMPF SVP, PHILANTHROPIC ADVISOR 40.00 0.00 X 220607 0 51342 STEFAN GRUNDMANN PRESIDENT & CEO, BRIGHTLIFE 40.00 0.00 X 127432 0 27824 ANDREE SIMON CEO 0.00 40.00 X 0 374861 31840 JEFFREY SMITH CHIEF AUDIT & RISK OFFICER 0.00 40.00 X 0 286776 51441 JOHN LOPEZ SENIOR ATTORNEY 0.00 40.00 X 0 202971 13464 KEITH SANDBLOOM VP-REGIONAL DIRECTOR 0.00 40.00 X 0 182047 42532 MICHAEL GAMA-LOBO VP-REGIONAL DIRECTOR 0.00 40.00 X 0 206441 37648 P DANIEL SMITH VP & GENERAL COUNSEL 0.00 40.00 X 0 351902 37462 ROMAN HINGORANI VP & CFO 0.00 40.00 X 0 348672 52441 ALEJANDRO JAKUBOWICZ DEPUTY REGIONAL DIRECTOR, LAC 0.00 40.00 X 0 176341 45257 JEREMY DANFORD DIRECTOR OF GLOBAL TAX 0.00 40.00 X 0 218689 23986 MARIA VILELA DEPUTY GENERAL COUNSEL 0.00 40.00 X 0 226015 33798 STEPHANIE BAGOT SENIOR CORPORATE ATTORNEY 0.00 40.00 X 0 198518 25643 ZARLASHT WARDAK VP-REGIONAL DIRECTOR 0.00 40.00 X 0 274148 43507 1813719 3047381 649774 13 1 1 0 THE PRODUCTION ADVANTAGE INC 13873 PARK CENTER ROAD SUITE 15 OAK HILL VA 20171 MAILING AND PRINTING SERVICES 2881794 INTEGRATED DIRECT MARKETING 1250 CONNECTICUT AVENUE NW 700 WASHINGTON DC 20036 ADVERTISING AND PROMOTION 409701 DELOITTE AND TOUCHE LLP 7900 TYSONS ONE PLACE SUITE 800 MCLEAN VA 22102 AUDIT SERVICES 403139 FINCA MICROFINANCE GLOBAL SERVICES LLC 1201 15TH STREET NW 8TH FLOOR WASHINGTON DC 20005 SUPPORT SERVICES 373195 NAMES IN THE NEWS 180 GRAND AVENUE SUITE 1365 OAKLAND CA 946123716 DIRECT MAIL LIST RENTAL AND EXCHANGE BRO 310922 9 224660 19856051 1486058 20080711 BRANCH REVENUE - KOSOV 900099 12370031 12370031 FINCA IMPACT FINANCE P 522298 4233879 4233879 MANAGEMENT FEES 900099 185105 185105 OTHER PROGRAM SERVICES 900099 83876 83876 FINCA VENTURES INTERES 900099 47926 47926 16920817 226974 226974 701094 1207786 -506692 -506692 -506692 1170927 580957 589970 589970 OTHER INCOME 900099 10349 10349 10349 37322129 16931166 0 310252 X 1178215 816622 129058 232535 44936 31145 4922 8869 5417301 4582070 298107 537124 109741 76061 12021 21659 722337 554148 63075 105114 243018 168437 26619 47962 564453 564453 227274 206004 7099 14171 485696 296575 63114 126007 461798 461798 2607953 1874387 398919 334647 1976884 1330964 40961 604959 1350573 772667 36269 541637 310406 310406 888321 881629 4976 1716 517530 407392 45193 64945 2378094 2369322 6523 2249 547935 484446 47210 16279 81928 54480 20410 7038 LICENSING AND SUBSCRIPT 686220 516448 107233 62539 PROVISION FOR LOAN LOSS 350537 350537 DIRECT COSTS-FINCA 323909 140444 123200 60265 DIRECT COSTS-FINCA PLUS 136694 136694 370978 333708 26043 11227 21982731 17259039 1460952 3262740 3488423 8546640 5376596 2142624 2354338 2728423 2494107 2557496 0 0 50744851 57666075 218131 425829 2461885 1068206 1295273 1393679 99906364 149191113 34028 29555 0 6278648 165912111 230960082 6084103 3331915 3692691 685561 38595343 40935906 3097712 11036920 51469849 55990302 X 112990374 173501489 1451888 1468291 114442262 174969780 165912111 230960082 X 15339398 1859776 43328344 X 0 1 X 1 0 X 20354935 20107097 19051488 16676131 20080711 96270362 20354935 20107097 19051488 16676131 20080711 96270362 5384116 90886246 11819458 13050803 8912868 3860797 928068 38571994 10000 0 0 0 10000 30159885 16794813 7539963 12026377 17521136 84042174 218894530 0.41520 0.37290 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: FINCA KOSOVO BRANCH INCOME - 2015 AMOUNT: $ 30,159,885. 2016 AMOUNT: $ 16,794,813. 2017 AMOUNT: $ 7,539,963. 2018 AMOUNT: $ 11,756,927. 2019 AMOUNT: $ 12,370,031. FI MANAGEMENT FEES NET EQUITY METHOD ADJ - 2018 AMOUNT: $ 136,297. 2019 AMOUNT: $ 185,105. FI OTHER INCOME - 2018 AMOUNT: $ 86,606. 2019 AMOUNT: $ 94,735. FINCA PLUS OTHER INCOME - 2018 AMOUNT: $ 525. 2019 AMOUNT: $ -510. FINCA PLUS SALES NET OF COGS - 2018 AMOUNT: $ 46,022. 2019 AMOUNT: $ 589,970. FMH PROGRAM INCOME - 2019 AMOUNT: $ 4,233,879. FINCA VENTURES INCOME - 2019 AMOUNT: $ 47,926. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1859582 926154 933428 602303 142052 460251 1393679 INVESTMENT IN PARTNERSHIP AND SUBS 147477094 C INVESTMENT IN LLC 1714019 C 149191113 IFRS 16 LEASE OBLIGATION 7660689 DEFERRED PENSION OBLIGATION 3376231 11036920 X PART X, LINE 2: FINCA INTERNATIONAL, INC. ISSUES CONSOLIDATED FINANCIAL STATEMENTS ON BEHALF OF ITSELF AND ITS AFFILIATES. THE INCOME TAX FOOTNOTE AND FIN48 DISCLOSURE INCLUDED IN THE CONSOLIDATED FINANCIAL STATEMETNS REFLECTS TAX RELATED ITEMS FOR ALL ENTITIES INCLUDED IN THE CONSOLIDATED FINANCIAL STATEMENTS (INCLUDING BOTH TAX EXEMPT AND FOR-PROFIT ENTITIES). FINCA IS EXEMPT FROM TAXES ON INCOME, EXCEPT UNRELATED BUSINESS TAXABLE INCOME, UNDER PROVISION OF SECTION 501(C)(3) OF THE UNITED STATES INTERNAL REVENUE CODE AND THE APPLICABLE INCOME TAX REGULATIONS OF THE DISTRICT OF COLUMBIA. ACCORDINGLY, NO PROVISION IS MADE FOR FEDERAL INCOME TAXES IN THE CONSOLIDATED FINANCIAL STATEMENTS. THE MOVEMENTS IN DEFERRED TAX ASSETS AND LIABILITIES (THE BALANCES ARE OFFSET WITHIN THE SAME JURISDICTION AS PERMITTED BY IAS 12, INCOME TAXES, AND SHOWN ON A NET BASIS BY SUBSIDIARIES), DETAILS OF THE DEFERRED TAX LIABILITY, AMOUNTS CHARGED OR CREDITED DIRECTLY TO PROFIT OR LOSS DURING THE PERIOD, AND AMOUNTS CHARGED OR CREDITED DIRECTLY TO EQUITY DURING THE PERIOD. IN 2019, FINCA RECORDED $1.6 MILLION OF INCOME TAX EXPENSE ON $18.0 MILLION OF TEMPORARY DIFFERENCES ASSOCIATED WITH FINCA'S INVESTMENTS IN SUBSIDIARIES BECAUSE IT WAS PROBABLE THAT THE TEMPORARY DIFFERENCES ASSOCIATED WITH THE DISTRIBUTION OF RETAINED EARNINGS THROUGH PAYMENTS OF DIVIDENDS WILL REVERSE IN THE FORESEEABLE FUTURE. THE TEMPORARY DIFFERENCES OF $18.0 MILLION INCLUDED $18.1 MILLION OF EXPECTED DISTRIBUTIONS OF RETAINED EARNINGS FROM 2019 AND $(0.1) MILLION FOR A DECREASE OF EXPECTED DISTRIBUTIONS OF RETAINED EARNINGS FROM PRIOR YEARS. IN 2018, FINCA RECORDED $0.5 MILLION OF INCOME TAX EXPENSE ON $6.6 MILLION OF TEMPORARY DIFFERENCES ASSOCIATED WITH FINCA'S INVESTMENTS IN SUBSIDIARIES BECAUSE IT WAS PROBABLE THAT THE TEMPORARY DIFFERENCES ASSOCIATED WITH THE DISTRIBUTION OF RETAINED EARNINGS THROUGH PAYMENTS OF DIVIDENDS WOULD REVERSE IN THE FORESEEABLE FUTURE. THE TEMPORARY DIFFERENCES OF $6.6 MILLION INCLUDED $11.5 MILLION OF EXPECTED DISTRIBUTIONS OF RETAINED EARNINGS FROM 2018 AND $(4.9) MILLION FOR A DECREASE OF EXPECTED DISTRIBUTIONS OF RETAINED EARNINGS FROM PRIOR YEARS. THE DEFERRED TAX LIABILITY RELATED TO THE FUTURE DISTRIBUTIONS OF EARNINGS BY SUBSIDIARIES IS $2.2 MILLION AND $1.0 MILLION AS OF DECEMBER 31, 2019 AND 2018, RESPECTIVELY. DEFERRED TAX ASSETS AND LIABILITIES WERE ADJUSTED AS OF JANUARY 1, 2018 AS PER IFRS 9. ALL ADJUSTMENTS RESULTED IN CHANGES TO EQUITY. SUB-SAHARAN AFRICA 19 60 PROGRAM SERVICES FINANCIAL SERVICES FOR THE POOR 980696 EUROPE (INCLUDING ICELAND & GREENLAND) 29 257 PROGRAM SERVICES FINANCIAL SERVICES FOR THE POOR 8022176 CENTRAL AMERICA AND THE CARIBBEAN 0 0 PROGRAM SERVICES FINANCIAL SERVICES FOR THE POOR 107500 MIDDLE EAST AND NORTH AFRICA 0 0 PROGRAM SERVICES FINANCIAL SERVICES FOR THE POOR 25359 48 317 0 0 48 317 9135731 0 9135731 1 0 1 0 0 0 PART I, LINE 3: METHOD USED TO ACCOUNT FOR EXPENDITURES: ACCRUAL METHOD PART III ACCOUNTING METHOD: X X X X X X 1 SD&A TELESERVICES 5757 W CENTURY BLVD 300 LOS ANGELES CA 90045 TELEMARKETING 0 4730 7377 -2647 INTEGRATED DIRECT MARKETING 1250 CONNECTICUT AVE NW 700 WASHINGTON DC 20036 MARKETING CONSULTANT 0 0 454421 -454421 4730 461798 -457068 AK AL AR CA CO CT DC FL GA HI IL IN KS KY LA MA MD ME MI MN MO MS MT NC ND NH NJ NM NV NY OH OK OR PA RI SC TN TX UT VA WA WI WV X 1 1 X 1 0 0 0 0 0 0 0 0 RUPERT SCOFIELD PRESIDENT & CEO 385055 0 0 0 16080 0 17002 0 24576 0 442713 0 0 0 COLLEEN ZAKREWSKY CHIEF DEVELOPMENT OFFICER 205471 0 0 0 0 0 1063 0 22123 0 228657 0 0 0 AMI DALAL VP, SOCIAL ENTERPRISE INNOVATI 188966 0 0 0 0 0 5258 0 10726 0 204950 0 0 0 JUDITH REYES GENERAL COUNSEL (END 12/2019) 212650 0 0 0 0 0 401 0 9720 0 222771 0 0 0 SCOTT GRAHAM DIRECTOR OF CUSTOMER RESEARCH 163980 0 0 0 0 0 13245 0 14280 0 191505 0 0 0 SOLEDAD GOMPF SVP, PHILANTHROPIC ADVISOR 220607 0 0 0 0 0 9138 0 42204 0 271949 0 0 0 STEFAN GRUNDMANN PRESIDENT & CEO, BRIGHTLIFE 102568 0 0 0 24864 0 404 0 27420 0 155256 0 0 0 ANDREE SIMON CEO 0 349500 0 25000 0 361 0 19000 0 12840 0 406701 0 0 JEFFREY SMITH CHIEF AUDIT & RISK OFFICER 0 260187 0 25000 0 1589 0 16215 0 35226 0 338217 0 0 JOHN LOPEZ SENIOR ATTORNEY 0 189583 0 11400 0 1988 0 1896 0 11568 0 216435 0 0 KEITH SANDBLOOM VP-REGIONAL DIRECTOR 0 170991 0 10710 0 346 0 10701 0 31831 0 224579 0 0 MICHAEL GAMA-LOBO VP-REGIONAL DIRECTOR 0 168778 0 10135 0 27528 0 10127 0 27521 0 244089 0 0 P DANIEL SMITH VP & GENERAL COUNSEL 0 326348 0 25000 0 554 0 15100 0 22362 0 389364 0 0 ROMAN HINGORANI VP & CFO 0 322637 0 25000 0 1035 0 19800 0 32641 0 401113 0 0 ALEJANDRO JAKUBOWICZ DEPUTY REGIONAL DIRECTOR, LAC 0 175637 0 0 0 704 0 10940 0 34317 0 221598 0 0 JEREMY DANFORD DIRECTOR OF GLOBAL TAX 0 198520 0 19900 0 269 0 11786 0 12200 0 242675 0 0 MARIA VILELA DEPUTY GENERAL COUNSEL 0 212634 0 13200 0 181 0 12050 0 21748 0 259813 0 0 STEPHANIE BAGOT SENIOR CORPORATE ATTORNEY 0 186883 0 11400 0 235 0 11375 0 14268 0 224161 0 0 ZARLASHT WARDAK VP-REGIONAL DIRECTOR 0 164422 0 109435 0 291 0 16025 0 27482 0 317655 0 0 PART I, LINE 1A STEFAN GRUNDMANN, CEO OF FINCA PLUS, RECEIVED HOUSING ALLOWANCE FOR STAYING IN UGANDA. THE AMOUNT OF ALLOWANCE WAS REPORTED IN 2019 W-2. PART I, LINE 4A DEBRA SPAGNOLA RECEIVED SEVERANCE PAYMENTS OF $30,461 IN 2019. PART I, LINE 4B: SOLEDAD GOMPF PARTICIPATED IN A SECTION 457(F) SUPPLEMENTAL NONQUALIFIED DEFERRED COMPENSATION PLAN. DURING 2019, NO CONTRIBUTIONS WERE MADE INTO THE PLAN AND NO AMOUNTS WERE PAID OUT OF THE PLAN. JULIE HOUSER FAMILY MEMBER, CEO 44936 EMPLOYMENT 0 X 65 1034028 COST OR SELLING PRICE X SOFTWARE LICENSING 1 452030 OTHER 0 1 1 PART I, COLUMN (B): A COMBINATION OF BOTH PART I, LINE 32B: FINCA USED CHARLES SCHWAB BROKERAGE SERVICES TO SELL DONATED SECURITIES FORM 990, PART VI, SECTION A, LINE 2 THE CHAIRMAN OF FINCA INTERNATIONAL'S BOARD OF DIRECTORS, ROBERT W. HATCH, HAS A FAMILY RELATIONSHIP WITH THE FOUNDER, JOHN HATCH, WHO IS ALSO A DIRECTOR AND RETIRED EMPLOYEE OF THE ORGANIZATION. FINCA INTERNATIONAL DIRECTORS RICHARD WILLIAMSON, HAROLD JASTRAM, AND RUPERT SCOFIELD ARE ALL MEMBERS OF THE BOARD OF DIRECTORS AND MINOR SHAREHOLDERS OF CEREAL INGREDIENTS, INC. WHICH IS OWNED BY ROBERT HATCH. JOHN HATCH IS ALSO A MINOR SHAREHOLDER OF CEREAL INGREDIENTS BUT NOT A DIRECTOR. FORM 990, PART VI, SECTION A, LINE 6 PER FINCA INTERNATIONAL'S CONSTITUENT DOCUMENTS, MEMBERS ARE THE FUNCTIONAL EQUIVALENT OF SHAREHOLDERS BUT HOLD NO ECONOMIC INTEREST. THEY ACT AS STEWARDS OF THE CHARITABLE MISSION AND SERVE AS THE ULTIMATE GOVERNANCE AUTHORITY OF THE ORGANIZATION. FINCA INTERNATIONAL HAS 4 (FOUR) MEMBERS, EACH OF WHOM HAVE EQUAL VOTING RIGHTS AND DEVOTE CONSIDERABLE TIME AND ATTENTION TO ITS ACTIVITIES. MEMBERSHIPS IN FINCA INTERNATIONAL ARE NOT SOLD AS FUNDRAISING MECHANISMS. FORM 990, PART VI, SECTION A, LINE 7A PER THE BYLAWS OF THE ORGANIZATION, THE MEMBERS HAVE POWER TO MAKE APPOINTMENTS TO, ACCEPT RESIGNATIONS, MAKE SUBSTITUTIONS FOR, AND REMOVE PERSONS FROM THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7B CERTAIN KEY DECISIONS OF THE BOARD OF DIRECTORS (FINCA INTERNATIONAL'S GOVERNING BODY) ARE SUBJECT TO THE APPROVAL OF THE MEMBERS OF THE ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PRESENTED TO THE 990 REVIEW TEAM COMPOSED OF THE AUDIT COMMITTEE AND REPRESENTATIVES FROM MANAGEMENT TEAM , FINANCE AND LEGAL. THE REVIEW TEAM SURVEYS THE DOCUMENT AND A MEETING IS SCHEDULED TO DISCUSS ANY QUESTIONS WITH THE CFO. REVIEWING PROCESS INCLUDES SURVEYING SECTIONS, SCHEDULES, CHECKLISTS AND DISCLOSURES OF THE RETURN PLUS CORRESPONDING APPROVALS. FORM 990, PART VI, SECTION B, LINE 12C OFFICERS, DIRECTORS AND KEY EMPLOYEES ARE REQUIRED TO DISCLOSE ANY CONFLICTS OF INTERESTS ON AN ONGOING BASIS. CONFLICT OF INTERESTS ARE PROHIBITED BY FINCA INTERNATIONAL'S CODE OF CONDUCT AND EMPLOYEE HANDBOOK, SUBJECT TO EXCEPTIONS BASED BY AN INDEPENDENT AUDIT COMMITTEE. CONFLICTS, INCLUDING RELATED PARTY TRANSACTIONS, ARE STRONGLY DISCOURAGED AND APPROVED, IF AT ALL, IN EXCEPTIONAL CASES. THE PROCESS IS MONITORED THROUGH ACKNOWLEDGEMENT OF THE POLICY PROHIBITING AND REQUIRING REPORTING OF ANY CONFLICTS, ALONG WITH INTERNAL AUDITS AND OTHER CONTROLS (INCLUDING THE CONTRACT REVIEW PROCESS). THE FINCA CODE OF CONDUCT, APPLICABLE TO ALL FINCA PERSONS GLOBALLY, PROVIDES A CONFIDENTIAL REPORTING MECHANISM ("HOTLINE") FOR REPORTING VIOLATIONS OF THE CODE, INCLUDING OF INTERESTS. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION FOR THE PRESIDENT & CEO IS DETERMINED ANNUALLY BY THE EXECUTIVE COMMITTEE. THE PRESIDENT & CEO RECUSES HIMSELF FROM THAT CONVERSATION. THE PROCESS FOR DETERMINING ALL OFFICERS' COMPENSATION IS PERFORMED BY THE HUMAN RESOURCES DEPARTMENT AND REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS EXECUTIVE COMMITTEE. THE PROCESS INCLUDES A REVIEW OF OTHER FORM 990S AND COMPENSATION SURVEYS, AND THERE IS CONTEMPORANEOUS SUBSTANTIATION OF THE DELIBERATION AND DECISION. THE REVIEW IS PERFORMED ANNUALLY. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICTS OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE GENERAL PUBLIC UPON REQUEST AND ON ITS OWN WEBSITE. FORM 990, PART IX, LINE 11G CONSULTING FEES: PROGRAM SERVICE EXPENSES 1,874,387. MANAGEMENT AND GENERAL EXPENSES 398,919. FUNDRAISING EXPENSES 334,647. TOTAL EXPENSES 2,607,953. FORM 990, PART XI, LINE 9: UNAMORTIZED PENSION PRIOR SERVICE COSTS -206,210. CURRENCY TRANSLATION ADJUSTMENTS -3,468,541. ADJUSTMENT FOR AMENDED RETURN *PLEASE REFER TO THE AMENDED 2017 FORM 990 47,003,095. FINCA PLUS LLC 1201 15TH ST NW 8TH FLOOR WASHINGTON DC 20005 464312538 SOLAR ENERGY PRODUCTS DE 992485 1449470 FINCA INTERNATIONAL INC FINCA CAPITAL FUND LLC 1201 15TH ST NW 8TH FLOOR WASHINGTON DC 20005 260648736 DORMANT DE 0 0 FINCA INTERNATIONAL INC FINCA LICENSING & SUPPORT LLC 1201 15TH ST NW 8TH FLOOR WASHINGTON DC 20005 DORMANT DE 0 0 FINCA INTERNATIONAL INC FUNDACION INTEGRAL COMUNITARIA AC AV PASEO DE LA REFORMA 295 COL C CDMX MX DORMANT MX FINCA MICROFINANCE HOLDING COMPANY LLC 1 ASOCIACION DE FOMENTO INTEGRAL COMUNITARIA DE EL SALVADOR PASEO GENERAL ESCALON Y CALLE CIRCU SAN SALVADOR ES DORMANT ES FINCA MICROFINANCE HOLDING COMPANY LLC 1 FUNDACION INTERNACIONAL PARA LA ASISTENCIA COMUNITARIA DEL ECUADOR AVDA AMAZONAS N39-123 Y JOSE ARIZA QUITO EC DORMANT EC FINCA INTERNATIONAL INC 1 FINCA HAITI 26 RUE METELLUS PETIONVILLE PORTAUPRINCE HA DORMANT HA FINCA MICROFINANCE HOLDING COMPANY LLC 1 FINCA HONDURAS COL RUBEN DARIO 3RA CALLE NO 231 TEGUCIGALPA HO DORMANT HO FINCA INTERNATIONAL INC 1 FINCA CHARITY FOUNDATION AGATANGEGHOS STREET 2A YEREVAN AM DORMANT AM FINCA INTERNATIONAL INC 1 FUNDACION INTERNATIONAL PARA LA ASISTENCIA COMUNITARIA DE NICARAGUA DE LA ROTONDA DEL GUEGUENSE MANAGUA NU MICROFINANCE OPERATIONS NU FINCA MICROFINANCE HOLDING COMPANY LLC 1 FUNDACION INTERNACIONAL PARA LA ASISTENCIA COMUNITARIA DE GUATEMALA 7A 11-11 AVENUE ZONE 9 GUATEMALA CITY GT MICROFINANCE OPERATIONS GT FINCA MICROFINANCE HOLDING COMPANY LLC 1 FINCA MICROFINANCE HOLDING COMPANY LLC 1201 15TH ST NW 8TH FLOOR WASHINGTON DC 20005 450793602 HOLDING COMPANY DC FINCA INTERNATIONAL INC RELATED 4233879 720425393 0 1 0.62930 FINCA AFGHANISTAN HOUSE NO 14 ST NO 4 TAIMANI KABUL AF MICROFINANCE OPERATIONS AF FINCA MICROFINANCE COOPERATIEF UA C 3798413 13944271 0.62930 1 FINCA UNIVERSAL CREDIT ORGANIZATION CJSC AGATANGEGHOS STREET 2A YEREVAN AM MICROFINANCE OPERATIONS AM FINCA MICROFINANCE COOPERATIEF UA C 9442913 35819103 0.62930 1 FINCA AZERBAIJAN LLC 44 JAFAR JABBARLI STREET BAKU AJ MICROFINANCE OPERATIONS AJ FINCA MICROFINANCE COOPERATIEF UA C 1186449 10043461 0.62930 1 FINCA DR CONGO SARL 1286 AVE TOMBALBAYE KINSHASA CG MICROFINANCE OPERATIONS CG FINCA MICROFINANCE HOLDING COMPANY LLC C 24088471 63439098 0.62930 1 FINCA TRANSFERT SARL 1286 AVE TOMBALBAYE KINSHASA CG MICROFINANCE OPERATIONS CG FINCA DR CONGO SARL C 1833 187932 0.58920 1 BANCO PARA LA ASISTENCIA COMUNITARIA FINCA SA AVDA AMAZONAS N39-123 Y JOSE ARIZA QUITO EC MICROFINANCE OPERATIONS EC FINCA MICROFINANCE HOLDING COMPANY LLC C 11042234 53545552 0.62930 1 JSC MFO FINCA 71 VAZHA-PSHAVELA AVENUE TBILISI GG MICROFINANCE OPERATIONS GG FINCA MICROFINANCE COOPERATIEF UA C 13653181 61295480 0.62930 1 FINCASERVICIOS - LATINOAMERICA SA 23 CALLE 14-15 ZONA 4 GUATEMALA CITY GT DORMANT GT FINCA MICROFINANCE HOLDING COMPANY LLC C 2196 0.62930 1 FINCA MICROFINANZAS SA 7A 11-11 AVENUE ZONE 9 GUATEMALA CITY GT DORMANT GT FINCA MICROFINANCE HOLDING COMPANY LLC C 0.62930 1 FINCA HAITI SA 26 RUE METELLUS PORTAUPRINCE HA MICROFINANCE OPERATIONS HA FINCA MICROFINANCE HOLDING COMPANY LLC C 4806679 9959162 0.62930 1 FINANCIERA FINCA HONDURAS SA CENTRO MORAZAN TORRE 2 TEGUCIGALPA HO MICROFINANCE OPERATIONS HO FINCA MICROFINANCE HOLDING COMPANY LLC C 6759338 19971324 0.62930 1 SPECIALIZED MICRO LOANS (PRIVATE SHAREHOLDING COMPANY) 4TH FL DURRET KHALDA AMMAN JO MICROFINANCE OPERATIONS JO FINCA MICROFINANCE HOLDING COMPANY LLC C 8091862 24073586 0.62930 1 FINCA KOSOVE SHA ROBERT DOLL ST NR 112 PRISHTINA KV DORMANT KV FINCA MICROFINANCE HOLDING COMPANY LLC C 7650 0.62930 1 FINCA MICRO-CREDIT COMPANY CJSC 93/2 SHOPOKOV STREET BISHKEK KG MICROFINANCE OPERATIONS KG FINCA MICROFINANCE HOLDING COMPANY LLC C 20602261 82251064 0.62930 1 FINCA LIMITED (MALAWI) HENDERSON STREET BLANTYRE MI MICROFINANCE OPERATIONS MI FINCA MICROFINANCE COOPERATIEF UA C 5669418 12139820 0.62930 1 TENEDORA FINCA SAPI DE CV AV PASEO DE LA REFORMA 295 COL C CDMX MX DORMANT MX FINCA MICROFINANCE HOLDING COMPANY LLC C -5716 0.62930 1 FINCA MICROFINANCE COOPERATIEF UA DE ENTRE 99-197 AMSTERDAM NL HOLDING COMPANY NL FINCA MICROFINANCE HOLDING COMPANY LLC C 3672701 77281409 0.62930 1 FINCA NETWORK SUPPORT BV DE ENTRE 99-197 AMSTERDAM NL IT SERVICES NL FINCA MICROFINANCE COOPERATIEF UA C 4591974 3655178 0.62930 1 FINANCIERA FINCA NICARAGUA SA DE LA ROTONDA DEL GUEGUENSE MANAGUA NU MICROFINANCE OPERATIONS NU FINCA MICROFINANCE HOLDING COMPANY LLC C 4120563 15477339 0.62930 1 FINCA MICROFINANCE BANK LIMITED PLOT 20 WETHERAL ROAD OWERRI NI MICROFINANCE OPERATIONS NI FINCA MICROFINANCE COOPERATIEF UA C 1825645 5361317 0.62930 1 FINCA MICROFINANCE BANK LIMITED 36-B KHAYABAN-E-IQBAL LAHORE PK MICROFINANCE OPERATIONS PK FINCA MICROFINANCE COOPERATIEF UA C 34358906 128911127 0.54370 1 FINCA MICRO-CREDIT DEPOSIT ORGANIZATION LLC 9 JABBOR RASULOV STREET DUSHANBE TI MICROFINANCE OPERATIONS TI FINCA MICROFINANCE HOLDING COMPANY LLC C 3323509 12377360 0.62930 1 FINCA MICROFINANCE BANK LIMITED BAGAMOYO ROAD PLOT NO 34 DAR ES SALAAM TZ MICROFINANCE OPERATIONS TZ FINCA MICROFINANCE HOLDING COMPANY LLC C 8135060 24021005 0.62930 1 FINCA UGANDA LIMITED PLOT 11A ACACIA AVENUE KAMPALA UG MICROFINANCE OPERATIONS UG FINCA MICROFINANCE COOPERATIEF UA C 9489463 31603439 0.62930 1 FINCA ZAMBIA LIMITED PLOT NO 22768 ACACIA PARK LUSAKA ZA MICROFINANCE OPERATIONS ZA FINCA MICROFINANCE COOPERATIEF UA C 7000019 12057841 0.62930 1 FINCA ZAMBIA HOLDING LIMITED PLOT NO 22768 ACACIA PARK LUSAKA ZA DORMANT ZA FINCA MICROFINANCE HOLDING COMPANY LLC C 931 0.62930 1 FINCASERVICES USA LLC 21635 RED RUM DRIVE ASHBURN VA 20147 900866365 IT SERVICES VA FINCA MICROFINANCE HOLDING COMPANY LLC C 954035 2925613 0.62930 1 FINCA MICROFINANCE GLOBAL SERVICES LLC 1201 15TH ST NW WASHINGTON DC 20005 811408194 SUPPORT SERVICES DC FINCA MICROFINANCE HOLDING COMPANY LLC C 11648007 5333109 0.62930 1 MICRO-FINANCE SOLUTIONS INC PO BOX 309GT UGLAND HOUSE SOUTH C GEORGETOWN CJ DORMANT CJ FINCA INTERNATIONAL INC C 1.00000 1 MFSI GUATEMALA SA 23 CALLE 14-15 ZONA 4 GUATEMALA CITY GT DORMANT GT MICRO-FINANCE SOLUTIONS INC C 56440 1.00000 1 ASESORA DE MICROFINANZAS ASEMICROFIN SA AVDA AMAZONAS N39-123 Y JOSE ARIZA QUITO EC MICROFINANCE OPERATIONS EC FUNDACION INTERNACIONAL PARA LA ASISTENCIA COMUNITARIA DE ECUADOR C 26676 651363 1.00000 1 1 0 0 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 FINCA MICROFINANCE GLOBAL SERVICES LLC M 578526 FMV FINCA NETWORK SUPPORT BV M 586416 FMV FINCA MICROFINANCE HOLDING COMPANY LLC M 263210 FMV FINCA HAITI SA D 500031 FMV FUNDACION INTERNACIONAL PARA LA ASISTENCIA COMUNITARIA DE GUATEMALA D 3331951 FMV FINCA HAITI SA A 32738 FMV FUNDACION INTERNACIONAL PARA LA ASISTENCIA COMUNITARIA DE GUATEMALA A 169546 FMV FINCA MICROFINANCE GLOBAL SERVICES LLC N 589190 FMV