Microfinance institution Financiera FAMA (FAMA) has been active in Nicaragua since 1991. FAMA specifically focuses on female entrepreneurs in the urban areas of Nicaragua.
Triodos Fair Share Fund and Triodos Microfinance Fund have provided FAMA with a loan to further expand its loan portfolio.
KEY INDICATORS as of 31 December 2016:
- number of loan clients: 56,998
- percentage female clients: 72%
- percentage rural clients: 38%
- average loan amount: EUR 973
- number of savings clients: -
Whoever you are, and wherever you live in the world, you are likely to want permanent access to financial services. Microfinance banks play a crucial role providing access to finance to an increasing number of people living on low-incomes. We finance microfinance institutions because they help to build inclusive financial sectors, where the majority of people have access to financial services, leading to a sustainable basis for balanced social and economic development.