PRODESA - La Fundación para la Promocion y el Desarrollo (Foundation for Promotion and Development # of clients: 7,129 % women: 59% Outstanding Loans: US$ 6,049,625 Staff: 28 Founded: 1993 Director: Zobeida Hernandez de Ortega Microcredit Programs: PRODESA's primary loan delivery methodology are loans to individuals for working capital of microenterprises in small commerce (12%); manufacturing (1.5%), food vending and other services (5%); small animal husbandry and small scale agricultural production (48%); consumption (2%), and housing (30%). PRODESA's headquarters are in Jugialpa, Chontales, a largely agriculture-based department in the interior of Nicaragua. Through its central office and 3 branch offices, PRODESA covers 22 municipalities in four departments. In addition to financial services, four of PRODESA's staff members also provide technical assistance and training in the areas of human development, microenterprise development, the promotion of savings, and the protection of the environment. << Back to map