The Microfinance Enhancement Facility is a crisis-response vehicle designed to get cash flowing quickly to more than 100 microfinance institutions such as FDL to help them overcome the crisis and build on their successes.
From its office in Managua, IFC operates with an integrated approach providing investments and advisory services to clients and partners. Since Nicaragua became a member of IFC in 1956, IFC has invested $544 million in the country’s private sector, including $165 million in mobilization.
IFC’s strategy in Nicaragua focuses on promoting access to finance for micro, small, and medium enterprises (MSMEs) and supporting the expansion of leading firms throughout the region, such as exporters in the agribusiness and forestry sectors, in order to stimulate job creation and economic growth in rural areas. To strengthen Nicaragua’s competitiveness, IFC supports key infrastructure initiatives -- including renewable energy projects -- and improves the investment climate through the simplification of regulations at the municipal level.
*As of October 1, 2013
Contact Carolina Cárdenas Country Head and Senior Investment Officer
Plaza Santo Domingo Km. 6½ Carretera a Masaya Edificio Cobirsa 2, Piso 5 Managua, Nicaragua Tel: (505) 2270-0000 Assistant: Julissa Gadea Villanueva