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 economic hardships that much of the population faced.
Opportunity’s work in Nicaragua supports community-based economic development initiatives which aims to support improved livelihood sustainability for both clients living in rural and urban areas. Our work focuses on providing micro-loans and other financial resources that empowers, individual entrepreneurs, families, and entire communities.
Facts about Nicaragua
6.9M population
41% of Nicaraguans live in rural areas, and 31% of the labor force is employed in agriculture
29% of Nicaraguans live below the national poverty line
28% of adults have an account at a financial institution
Our work in Nicaragua
Microfinance
We provide training and resources to help people in poverty, violence stricken regions, grow small businesses and earn incomes.
Savings Groups
We connect some of the most disadvantaged families to a community group to start their journeys toward financial inclusion.
Empowering dreams and opportunity for future generations...
When Grettel married her husband and joined the business, she brought an important relationship with her – a partnership with Opportunity International. When she was just 18, she began working with Opportunity and received loans to support a clothing business that she operated with her mother. So when the rope business needed an influx of capital to grow, she knew exactly where to turn.