Nicaraguan Rural Finance

Due Diligence Trip to Nicaragua

The Tuluni team conducted the onsite Due Diligence of, one of the largest MFI in Nicaragua, located in the north, west and central regions of the country. The MFI’s lending portfolio has a high concentration in housing improvement loans which helps to support to migrants’ families who want to improve their living conditions. Other lending portfolio is concentrated in commerce and agriculture.  A small percentage of the MFI’s lending products are allocated in water and Hygiene loans.

The company has a presence in 22 municipalities across the country using individual lending methodology (97.36%) for rural clients (60%), and women borrowers (48%).

Serving some indigenous borrowers. 1% of the total lending portfolio is allocated in indigenous clients. It is the only MFI serving to these borrowers in the north of the country.