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1990 |
Aquiles and Lucinda Lanao formed the first village banks in Ayacucho, through the help of Rural Development Services (SDR)
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1993 |
FINCA Peru began its operations- through an agreement with the InterAmerican Foundation (IFA)
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1994 |
Initiated pilot project in Lima.
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1995 |
Expansion of village banks in Ayacucho and Lima- through an agreement with ADEX/USAID - MSP.
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1996 |
Creation of a regional office in Huancavelica- Through an agreement with IAF.
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1997 |
Creation of the regional office in Lima.
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1998 |
Achieved financial independenceDesigned the strategic plan for 1998-2002.
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1999 |
General information system implemented, including operations of village banks.
Completed Evaluation of Impact in Lima - AIMS/USAID.
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2000 |
Completed principals of management applicable to financial entities in Peru.
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2002 |
Began teaching business principals to clients in Lima
Reduced interest rates.
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2003 |
Designed strategic plan for 2003-2007. Initiated program to teach business skills in Ayacucho.
Organized, in coordination with the network of Peruvian village banks, the first forum on village banking in Latin America.
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2004 |
Received special recognition from the Center for Competition in Ayacucho for our work in the development sector in 2003. Presented a workshop on the methodology of community banks for the Hope Foundation in Chile.
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2005 |
Opened new office in the city of Ayacucho. Received a mention of merit from CGAP for transparency in business in the region of Latin America and the Caribbean.
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2006 |
Participated in the second forum of village banks
Participated in the fourth interamerican form on micro enterprise organized by BID
Initiated Project Wari
Executive director of FINCA invited to be a to be a panel member at the global summit on micro credit in Canada and to organize a workshop on: “Microfinance, sustainable development and female empowerment” in India.
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