On June 25, the Financial Inclusion Commission (COMIF) agreed in Guatemala, which brings together microfinance institutions and banks. The main objective was to design strategies to implement projects that facilitate financial access to vulnerable segments of the Guatemalan population, with special focus on improving quality of life through access to financial services and products.

A key part of this strategy involves directing efforts toward financial inclusion in rural areas, historically underserved in access to loans to improve production, particularly among women. Young entrepreneurs have also been identified as another group that faces significant challenges in accessing loans, contributing to a more equitable economy aimed at common well-being and sustainable development.

During the meeting, FINCA Guatemala presented its progress in the implementation of financial inclusion strategies for internal and external clients. The impact of the Community Banking product on the development of the communities where it operates was notably highlighted.

Internally, FINCA has promoted female leadership training, creating opportunities for female employees to assume leadership roles in different departments and branches of the organization, thus contributing to closing gender gaps.

Regarding its clients, FINCA has implemented financial education projects, recognizing that 74% of its clients are women, with the aim of strengthening family economies and promoting financial autonomy.

These initiatives underscore Guatemala’s commitment to improving financial inclusion and fostering more inclusive and sustainable economic development throughout the country.