Nicaragua: $ 20.6 Million for Microcredit60% of the funds will go to small and medium size farmers.Thursday, March 17, 2011 ![]() Representatives of the Foundation for Rural Social and Economic Development (Fundesers) noted that about 36 thousand customers will be benefited with a line of credit. Source: laprensa.com.ni Lack of Capital in MicrofinancersApril 2012 In Nicaragua, the ‘No Pago’ (Non Payment) movement has generated such distrust in international sources of finance that this year credit lines -which were $80 million-, have barely reached $5 million. Microcredit Grows in GuatemalaApril 2012 Between 2010 and 2011 the microfinance portfolio increased by 23%, going from $84 million to $104 million, averaging $529 per loan. Honduras small businessment complain about microcredit ratesJuly 2008 Managers of small business firms in Honduras are complaining about the difficulty of getting credit at reasonable rates. Financial organizations say the credit is there and the process isn't onerous. Panama: COLAC to administer $13 million in MicrocreditJuly 2011 The AMPYME has given the Latin American Confederation of Credit Unions (COLAC) administration of the trust FIDEMICRO-OPORTUNIDAD. |
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