Belgian Investment Company for Developing Countries

Fondo de Desarrollo Local is a regulated microfinance institution based in Managua, Nicaragua, established in 1992. It specializes in providing banking products and services to individuals and solidarity groups in both rural and urban areas. The company offers a variety of financial solutions, including micro loans for working capital, seasonal sales, investments, equipment purchases, personal expenses, and housing improvements for small and medium-sized businesses. Additionally, it extends loans tailored for agricultural and livestock purposes, as well as individual loans for personal expenses, home buying, and vehicle purchases. Fondo de Desarrollo Local also provides micro insurance products, covering family safety, income, and other insurance needs. Its commitment includes supporting women entrepreneurs through short-term lending and microcredit services.

Fondo de Desarrollo Local is a regulated microfinance institution based in Managua, Nicaragua, established in 1992. It specializes in providing banking products and services to individuals and solidarity groups in both rural and urban areas. The company offers a variety of financial solutions, including micro loans for working capital, seasonal sales, investments, equipment purchases, personal expenses, and housing improvements for small and medium-sized businesses. Additionally, it extends loans tailored for agricultural and livestock purposes, as well as individual loans for personal expenses, home buying, and vehicle purchases. Fondo de Desarrollo Local also provides micro insurance products, covering family safety, income, and other insurance needs. Its commitment includes supporting women entrepreneurs through short-term lending and microcredit services.