The National Peace Corps Association today announced that John Hatch, founder of the microfinance organization FINCA International, is the 2009 recipient of the Sargent Shriver Award for Distinguished Humanitarian Service.
The Shriver Award is presented by the National Peace Corps Association to a Returned Peace Corps Volunteer who continues to make a sustained and distinguished contribution to humanitarian causes at home or abroad, or is an innovative social entrepreneur whose actions will bring about significant long-term change. Established in 1986, and with over 20 recipients to date, it honors the tremendous contributions of the first Peace Corps Director, Sargent Shriver, in the founding and development of the Peace Corps.
“John Hatch and his life’s work, beginning with the Peace Corps and continuing today, reflects Sargent Shriver’s hopes for all volunteers; that the Peace Corps service will lead to a life-time commitment to assisting the under-served,” said Kevin Quigley, NPCA president. “John’s pioneering role in Village Banking and creating FINCA are these hopes made real, and he is an inspirational example for the Peace Corps community.”
John Hatch began his service to the Peace Corps in 1962, as a community development volunteer in Colombia and later as a regional Peace Corps director in Peru. After completing his Ph.D, Hatch founded the non-profit microfinance organization FINCA (Foundation for International Community Assistance) International, whose mission is to provide financial services to the world’s lowest-income entrepreneurs so they can create jobs, build assets and improve their families’ standard of living. He developed a new microfinance methodology called Village Banking, which brings together ten to thirty people in a community—mostly women—who guarantee small business loans for each other, enabling them to create income-generating opportunities for themselves. FINCA operates in 21 countries of Africa, Eurasia, the Greater Middle East and Latin America, and is currently providing financial services to more than 750,000 people.
Timothy Shriver, son of Sargent Shriver and Chair of Special Olympics International, will present Hatch with the Award at NPCA's "Third Goal" Celebration on June 26th in Washington, D.C.
For additional information, or media interested in attending this event, please contact Erica Burman, Director of Communications, at email@example.com, Tel. 202.293.7728 ext 16.