In 1992, WCCN began channeling money from investors to alternative credit programs in Nicaragua. This endeavor became formalized as the Nicaraguan Credit Alternatives Fund (NICA Fund).
Today the Fund is known as the Capital for Communities Fund and has over $9.2 million in loans outstanding to our partner agencies.
Through our partner agencies over 18,000 low-income borrowers a year are accessing microcredit from the Capital for Communities Fund . The borrowers have a repayment rate of more than 95%, and our partner agencies have a 100% repayment rate on loans they have received from the Capital for Communities Fund.
WCCN's partner agencies are Latin American microfinance institutions and cooperatives that specialize in offering microcredit and other financial services. Following is a listing of WCCN's microfinance partner agencies. To learn more about each agency, simply click on its name.
Nicaragua
ACODEP
San Antonio Cooperative
CEPRODEL
April 20th Cooperative
FAMA
FODEM
FDL
FJN
Mano a Mano Cooperative
León 2000
PRESTANIC
PRODESA
Humberto Aguilar Cooperative
ProMujer
Pueblos en Acción Comunitaria (PAC)
El Salvador
Fundación Campo
Padecomsm
Guatemala
CDRO
ASDIR
Honduras
Credisol
Ecuador
FACES
Insotec
