WCCN is proud to announce the release of Better Futures: Voices from the Nicaraguan Credit Alternatives Fund (NICA Fund), an informational video, which details how microcredit, provided through the NICA Fund, has positively affected the lives of the working poor in Nicaragua.

Using a sustainable model, the NICA Fund helps alleviate poverty by channeling funds from socially responsible North American investors to Nicaraguan nongovernmental organizations (partner agencies) that specialize in lending to the poor. Through the NICA Fund model, small loans, typically 600 dollars or less, are issued to Nicaraguan entrepreneurs, farmers and households who are not served by commercial banks.

Better Futures shows how the NICA Fund works, through short interviews with Nicaraguan rural and urban business owners and producers, as well as NICA Fund investors. Borrowers tell how they use their loans, and investors relate why they invest in the NICA Fund. Most of the footage was filmed in Nicaragua in the cities of Managua, Juigalpa, and Nueva Guinea during a recent study tour.

Available at no charge, Better Futures is a great way to get acquainted with Nicaragua and WCCN’s work in microcredit. Please e-mail exdir@wccnica.org or call (608) 257-7230 to request your copy today. Donations are accepted to help cover the cost of production.

Also, you can now view the video online at www.Prolefeedstudios.com [1]