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.
Multilaterals to Provide $90 Billion for Latin America in Times of Crisis
The World Bank Group has joined forces with four other development banks to coordinate crisis-response initiatives and spur economic recovery in Latin America and the Caribbean.
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 $298 million in the country’s private sector, including $12 million in syndications.
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 May 31, 2011
Contact Juan Carlos Pereira Senior Investment Officer
Plaza Santo Domingo Km. 6½ Carretera a Masaya Edificio Cobirsa 2, Piso 5 Managua, Nicaragua Tel: (505) 270-0000 Fax: (505) 270-0007