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In recent years, Nicaragua has faced consistent political instability and conflict, which has perpetuated many economic and social inequalities throughout the country. The COVID-19 pandemic and back-to-back hurricanes only served to increase the poverty rate and exacerbate existing financial hardships that much of the population faced.
Opportunity’s work in Nicaragua supports community-based economic development initiatives aiming to support improved livelihood sustainability for clients living in rural and urban areas. Our work focuses on providing micro-loans and other financial resources that empower individual entrepreneurs, families, and entire communities.
Our focus in Nicaragua, includes providing access to loan funds, training, and support to see Nicaraguans empowered to work their way out of poverty.
We connect some of the most disadvantaged families to community groups. This helps build financial literacy and is the start of their journey toward financial inclusion.
When Grettel married her husband and joined the business, she brought an essential relationship with her – a partnership with Opportunity International. When she was 18, she began working with Opportunity and received loans to support a clothing business she operated with her mother. So when the rope business needed an influx of capital to grow, she knew exactly where to turn.
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