Pro Mujer Nicaragua

Pro Mujer Nicaragua

Lending Partner since 2020 • Nicaragua
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Fundraising Status:active
Risk Rating:

What to know about this Lending Partner

Impact Category:
General Financial Inclusion
Default Rate:
0%
Currency Exchange Loss Rate:
0%
Total Loans Raised:
$5,708,415
Loans at Risk Rate:
100%
Kiva Borrowers:
1,593
Delinquency Rate:
100%
Interests and Fees:
N/A

Kiva conducts regular, ongoing monitoring of all Lending Partners, but only posts status updates here in response to relevant, major changes at the partner.

Partner Description: 

Pro Mujer Nicaragua is one of the country programs of global nonprofit Pro Mujer. For 30 years, the dedicated staff of Pro Mujer have been providing poor women with financial and non-financial services to help them improve their lives.

Not only does Pro Mujer offer loan capital for women’s small-scale businesses and opportunities to save through the communal bank structure, it also provides business training and health and personal development services. This holistic approach enables clients to create opportunities for themselves and their families.

Pro Mujer’s health and personal development services provide access to low-cost and high-quality health services, such as lab tests and dental care. These services also include basic primary care, as well as gynecological exams, tests for STIs and early cancer detection.

A unique lending approach:

Pro Mujer’s women clients bring diverse skills and strong convictions to provide for their families, but very few are able to access formal financial services. For these women, credit alone does not serve their needs. Pro Mujer provides an alternative delivery system for its credit services through group-oriented communal banks. This appeals to women who are accustomed to working in community groups.