Nicaragua
Micro-lending
Since 2009 we have tried and proven community-based micro-lending. We extended nearly 1000 loans for every imaginable type of entrepreneurial endeavor, nurtured relationships with the borrowers and watched the changes in their lives. In 2017, having thoroughly tested and validated our lending model, our lending program became an official Nicaraguan non-profit, opening the doors for us to extend the lowest-cost loans to the poorest entrepreneurs through local partner organizations around the country!
- The lending program benefits our partners by broadening and deepening relational networks and creating growth within their organizations.
- It dignifies the poor, allowing them to improve their own lives in the context of relational support.
- It creates community transformation at the most grassroots level.
- And it pays back! Because each borrower pays a small fee for their loan, with each lending cycle we have more resources available. Our program does untold good AND creates a financial return.
Recently we gathered a group of 26 micro-loan recipients, 25 women and 1 man. They went around the circle and told their stories. Each one reminded us that these loans actually change lives! In her own way each entrepreneur said, Thank you for giving me hope and opportunity! Thank you for trusting me!
Feeding Children
We partner with OrphaNetwork and PureHeart Children’s Fund, two well-established organizations serving nutritious hot meals to children in several neighboring barrios. We believe that providing meals to hungry children represents community development at its most basic level. Our goal is to use the power of microlending to enable parents to provide for their children.
[Look for more updated content on our Nicaragua partners soon!]