MiCrédito 22
Deylin lives in the Masaya region of Nicaragua and, as a single mother, cares for her daughter. With a loan from MiCrédito, she expanded her fruit cultivation, allowing her not only to support her family but also to create jobs for others in her community.
The project
On her farm in La Concepción, agriculture has always been at the heart of Deylin’s life. From a young age, she has been growing pineapples, avocados, dragon fruit, bananas, limes, and other citrus fruits. Working the land comes naturally to her, a passion she inherited from her parents.
Thanks to a loan from MiCrédito, Deylin was able to scale up her production by purchasing fertilizers and other essential farming supplies to keep her land fertile. Her pineapple cultivation became a great success and now provides year-round employment for five people.
Deylin’s success has improved her own life and that of her daughter. Through her farm, other families in her area can now count on stable jobs and incomes, strengthening the entire community.
Will you invest in entrepreneurial women like Deylin, who help their communities grow?
MiCrédito on Lendahand
- Active on Lendahand since: July 2021
- Total raised: €3,375,000
- Already repaid: €2,321,875
- Interest disbursed: €163,133
- Payments on time: 34 out of 34 (100%)
Your investment
- Annual interest rate: 6.5%
- With an investment of 1,000 euros, your expected total repayment would be 1,081 euros
- Maturity: 24 months with equal repayments every 6 months
- Currency: Euro
MiCredito
Impact
MiCrédito is a microfinance institution in Nicaragua with a strong social mission. The organization primarily focuses on female entrepreneurs, small-scale farmers, and self-employed individuals in rural areas.
Access to financing remains very limited in Nicaragua, especially for low-income agricultural workers and small business owners. Only a small portion of the population can borrow from formal financial institutions or has access to a savings account. MiCrédito addresses this gap by specifically targeting the most vulnerable groups in society.
Through its accessible financial services, MiCrédito has created meaningful social impact and helped improve the quality of life for many families in Nicaragua.
Related blog posts
Discover more - Log in or create an account
To protect our partners, certain information is only available when you are logged in. Log in, or create an account if you are new to Lendahand!