geo/nicaragua

Location
12.865416, -85.207229

Nicaragua

Submitted by tfang@ifc.org on
Country
Current Volume
262283322
Finance gap
2731045215
Micro Women Gap
543395103
Micro Men Gap
2187650112
MSME Women Gap
543395103
MSME Men Gap
2187650112
Micro Gap ( Men and Women )
2731045215

MEDA

MEDA (Mennonite Economic Development Associates) is an international economic development organization founded in 1953 whose mission is to create business solutions to poverty.

Country / Region
Member Since
Organization Type
Location
50.7147661, 4.3991201
Contact Person Name
Lindsay Wallace
Contact Person Title
Senior Vice President Strategy and Impact
City/Town location
Waterloo

Opportunity International Network

Global non-profit committed to ending extreme poverty and promoting quality education for families. They provide financial resources, training and support to start small businesses and earn living wages.

Country / Region
Member Since
Organization Type
Location
43.4642578, -80.5204096
Contact Person Name
Deborah Foy
Contact Person Title
Interim Executive Director
Contact Person Email
Dfoy@opportunity.org
City/Town location
Waterloo, ON, Canada

Triodos Investment Management Offers Support to Smallholder Farmers in Nicaragua.

We are proud to share that our member Triodos Investment Management has provided a trade finance facility to Sol Organica, a Nicaraguan food processing company that sources, manufactures, and exports organic certified solar dried fruit, tropical fruit purees and juices. The trade finance facility will allow Sol Organica to pay smallholder farmers fairly and immediately upon delivery of their produce.
 
Sol Organica was founded in 2007 by Will Burke with the aim to improve the livelihoods of tropical fruit farmers, particularly the pitaya (or dragon fruit) farmers. The company has come a long way since and is now a certified B-Corporation working closely with over 800 smallholder farmers to improve agricultural practices and secure organic and fair-trade certifications. Sol Organica offers fixed contracts that guarantee the purchase of crops at prevailing market prices.
 
Sol Organica’s dedication to the well-being of the smallholder farmer is reflected by the remarkable effort of setting up a bank account for each farmer, so that no one needs to carry cash in and out of the field. 90% of the farmers now have a bank account with a debit card and an increased access to financial services. The farmers also receive a bonus at the end of the season, another important incentive to deliver their produce to Sol Organica. The average farmer income per hectare grew from USD 1,372 in 2015 to USD 2,408 in 2019, a vital increase as the average farmland is only one hectare.
 
 
Triodos Investment Management is a globally active impact investor. They invest to generate social and environmental impact alongside a healthy financial return. They see impact investing as a driving force in transition to a more inclusive and sustainable world. For more than 30 years, they have offered impact investment solutions that connect investors who want to make money work for positive change with innovative entrepreneurs and sustainable businesses that believe in the same.

FinDev Canada

Canada’s development finance institution dedicated to providing financial services to the private sector focusing on economic development through job creation, women’s economic empowerment and climate change mitigation and adaptation.

Country / Region
Member Since
Location
45.5016889, -73.567256
Contact Person Name
Yolanda Banks
Contact Person Title
Principal Advisor
Contact Person Email
YBanks@findevcanada.ca
City/Town location
Montreal, QC, Canada
PipeDrive organization Id
2514

Paypal

Paypal’s open digital payments platform gives its more than over 270 million active account holders. better ways to manage and move money and offers flexibility when sending payments, paying or getting paid.

Country / Region
Member Since
Organization Type
Location
37.33874, -121.8852525
Contact Person Name
Usman Ahmed
Contact Person Title
Head of Public Policy
Contact Person Email
usahmed@paypal.com
City/Town location
San Jose, CA, USA
PipeDrive organization Id
234
Operation countries

FMO

FMO is the Dutch development bank, empowering entrepreneurs in emerging markets, focusing on underserved markets and key sectors for development.

Country / Region
Member Since
Location
52.0704978, 4.3006999
Contact Person Name
Jeroen Harteveld
Contact Person Title
Fund Manager MASSIF
Contact Person Email
j.harteveld@fmo.nl
City/Town location
Hague, Netherlands
PipeDrive organization Id
1426

Q-lana

Q-lana is a Fintech company that offers an SME lending platform for banks in developing countries.

Country / Region
Member Since
Organization Type
Location
40.7127753, -74.0059728
Contact Person Name
Kurt Vandebroek
Contact Person Title
Co-Founder
Contact Person Email
kurt.vandebroek@gmail.com
City/Town location
NYC, NY, USA
PipeDrive organization Id
2488

FINCA Impact Finance

FINCA Impact Finance’s network of 21 microfinance institutions and banks provides responsible financial services that enables low-income entrepreneurs and small business owners to invest in their future.

Country / Region
Member Since
Organization Type
Location
38.9071923, -77.0368707
Contact Person Name
Laurent Klein
Contact Person Title
Head of Capital Markets Group
Contact Person Email
laurent.klein@fincaimpact.com
City/Town location
Washington D.C., DC, USA
PipeDrive organization Id
1575

DFC - U.S. International Development Finance Corporation (Former OPIC)

OPIC is the DFC - U.S. Government’s development finance institution. It mobilizes private capital in emerging and frontier economies to address development challenges and advance US foreign policy objectives.

Country / Region
Member Since
Location
38.9071923, -77.0368707
Contact Person Name
James Polan
Contact Person Title
Vice President, Small and Medium Enterprise Finance
Contact Person Email
james.polan@opic.gov
City/Town location
Washington D.C., DC, USA
PipeDrive organization Id
185