MiCrédito 13
In the rural areas of Nicaragua, Alber grows pineapples and dragon fruit. A loan from MiCrédito allowed him to purchase better seeds and a vehicle, enabling him to expand his business and create jobs. Your investment in MiCrédito provides 40 entrepreneurs like Alber with the resources to grow their businesses.
€100,000
5.50%
24 mesi
6 mesi
EUR
ValutaImporto | €100,000 |
Interesse | 5.50% |
Maturità | 24 mesi |
Rimborsi | 6 mesi |
Valuta | EUR |
Il progetto
Alber lives with his wife and two children in rural Nicaragua. He cultivates pineapples and dragon fruit, a passion inherited from his family. Alber realized he needed financial support to grow his business and decided to apply for a loan from MiCrédito.
Thanks to the loan from MiCrédito, he was able to buy better seeds and a small vehicle to transport his products to the market. These investments not only helped his business grow but also allowed him to provide employment to others in his community. This is crucial in Nicaragua, where 50% of rural residents live below the poverty line.
Alber's Growth: The Impact of MiCrédito on Rural Nicaragua
What social return could your investment make?
Nicaragua is one of the poorest countries in Central America, with limited access to financing for farmers and small-scale entrepreneurs. MiCrédito plays a crucial role in supporting these communities by providing loans and advice.
MiCrédito staff travel door-to-door on motorcycles in rural areas, allowing them to have personal contact with clients and a good understanding of the local population. This personal approach ensures targeted assistance, including financial education and technical guidance. This helps entrepreneurs improve their business operations and increase profitability.
With an average loan of €1,200, MiCrédito has already improved the lives of more than 8,000 families. Notably, 60% of the loans go to female entrepreneurs, contributing to gender equality and strengthening the economic position of women.
What financial return could your investment generate?
- Annual interest rate 5.5%.
- The maturity of the loan is 24 months.
- Repayment of your investment in equal instalments every six months. That means you will receive the repayment of your loan in 4 equal instalments, one every 6 months until the maturity of 24 months, along with the interest.
- With an investment of 1,000 euros, your expected total repayment would be 1,069 euros.
The story of MiCrédito
MiCrédito, founded on July 1st, 2004, represents a significant evolution in Nicaragua's microfinance sector. Originating from the experience and leadership of its management team and the Mennonite Economic Development Associates (MEDA), MiCrédito was established to provide enhanced financial services, particularly targeting the underserved rural areas of Nicaragua.
In September 2012, after eight years of dedicated institutional development, MiCrédito incorporated as a share-based company, marking a milestone in its growth. A year later, it gained official recognition from CONAMI, the National Commission of Microfinance in Nicaragua, further solidifying its presence in the microfinance landscape. MiCrédito's commitment to supporting its clients, partners, and shareholders continues as it collaborates closely with CONAMI, aiming for substantial social and financial impact in the communities it serves.
MiCrédito in numbers
- Founded in 2004
- 94 employees, 59% female
- 11 branches throughout the country
- As of 2023, 60% of loans went to female entrepreneurs
Nome della società | MiCredito |
AMMINISTRATORE DELEGATO | Veronica Herrera Balladares |
Fondato | 2004-01-01 |
Posizione | Managua |
Settore | Agricoltura |
Fatturato | €3,900,000 |
I dipendenti | 94 |
Punteggio di credito | A |
Impatto
MiCrédito è un istituto di microfinanza del Nicaragua con un forte background sociale. Si concentra principalmente sulle donne imprenditrici e sugli imprenditori delle aree agricole e rurali.
La penetrazione finanziaria rimane bassa in Nicaragua e l'accesso ai finanziamenti è scarso, soprattutto tra gli agricoltori a basso reddito e i piccoli imprenditori delle aree rurali. Attualmente, solo il 14% della popolazione può ottenere un prestito da una fonte di finanziamento formale e solo l'8% ha un conto di risparmio. Per invertire la tendenza, MiCrédito si concentra sul servizio alla base della piramide economica e sociale.
Oltre ai microprestiti per le imprese, MiCrédito offre prestiti per studenti a tassi di interesse dell'1,66% solo al mese. Offre anche prestiti per il miglioramento della casa, prestiti per i servizi igienici e prestiti per prodotti solari per consentire l'acquisto di prodotti a energia rinnovabile, come i pannelli solari. Grazie ai loro servizi finanziari a impatto sociale, finora hanno migliorato la qualità della vita di oltre 8.000 famiglie in Nicaragua.
ODS Impatto
Con questo progetto contribuite al raggiungimento dei seguenti Obiettivi di sviluppo sostenibile:
ODS 1 - Assenza di povertà
ODS 5 - Uguaglianza di genere
ODS 8 - Lavoro dignitoso e crescita economica
ODS 10 - Riduzione delle disuguaglianze
Per saperne di più sull'impatto che potete avere attraverso la nostra piattaforma e il sito ODS, visitate la nostra pagina sull'impatto.
Articoli del blog correlati
- Con questo investimento vengono creati 8 posti di lavoro
- Con questo investimento si migliorano le vite di 200