Aldea Global began in 1992 as a collective of coffee farmers in the Jinotega region of northern Nicaragua. These farmers focused on sustainable agricultural practices to protect the environment and improve their livelihoods. Today, Aldea Global is the third-largest exporter of green coffee and the largest smallholder farmer association in Nicaragua, representing over 15,000 families, one-third of whom are women.
In 2023, Aldea Global shifted its focus to microfinance, offering unsecured loans to small-scale coffee farmers. This helps them improve and expand their farms, even in remote areas without access to financial services.
Aldea Global also provides guidance on sustainable farming methods, such as water conservation and soil improvement, boosting both productivity and environmental protection. Additionally, they assist farmers in obtaining certifications like Fair Trade, enabling them to sell their coffee at higher prices on international markets.
General information
Borrower | Aldea Global Sociedad Anónima |
Country | Nicaragua |
Head office | Jinotega |
Website | https://aglobal.org.ni/ |
Founded | 10 September 1996 |
Active on Lendahand since | 16 July 2024 |
Credit Score | A |
Financial information per 2024-03-31
Portfolio Overview | €5,835,065 |
Leverage ratio | 70.00% |
Write-off ratio | 0.00% |
% investment amount in arrears (>90 days) | 2.74% |
About Nicaragua
Nicaragua, located in Central America between Honduras and Costa Rica, boasts coastlines along both the Caribbean Sea and the Pacific Ocean. Known for its diverse landscapes, including volcanoes, rainforests, and lakes, the country has a population of 6.7 million. In 2023, Nicaragua's economy, valued at approximately $15 billion, was driven by agriculture, manufacturing, and services, with key exports such as coffee, beef, and textiles. Entrepreneurs in Nicaragua face economic instability, limited financing, and poor infrastructure. Many households, especially in rural areas, struggle with poverty, unemployment, inadequate education, and limited access to healthcare.
Last funded project
Aldea Global 2
Supporting Aldea Global’s project means giving small-scale farmers in the rural heart of Nicaragua the financing and guidance they need. This empowers them to grow their farms, build financial stability, and improve their families’ prospects.