by the MicroCapital Team -

MICROCAPITAL BRIEF: Microfinance Institution Fundeser of Nicaragua Borrows $1m from Aequitas, Marking Fund’s 1st Disbursement

Microfinanciera Fundeser, a microfinance institution serving rural Nicaragua, recently agreed to borrow USD 1 million from Aequitas, a fund launched by Desjardins International Development (DID), a unit of the Canadian cooperative Desjardins Group. This is the first loan disbursed by Aequitas, which was launched in 2021 with an investment of

by Tiannah Steele -

MICROCAPITAL BRIEF: Incofin; Microfinance Institutions Fundenuse, Fundeser, MiCrédito Operate Satellite-based Weather-index Microinsurance for Coffee, Grain Farmers in Nicaragua

Belgium’s Incofin Investment Management recently launched an insurance plan with Nicaraguan microfinance institutions (MFIs) Fundacion para el Desarrollo de Nueva Segovia (Fundenuse), Financiera Fundeser and MiCrédito to help 6,000 coffee and grain farmers be better prepared for climate change. The program utilizes “satellite imagery to