 Early MFI village banking methods were innovated by Grameen Bank and then later developed by groups such as FINCA International founder John Hatch.Among US-based non-profit agencies there are at least 31 microfinance institutions (MFIs) that have collectively created over 800 village banking programs in at least 90 countries.And in many of these countries there are host-country MFIs—sometimes dozens—that are village banking practitioners as well.