Microfinanciera Fundeser, Nicaragua

Founded in 2014 in Nicaragua, Fundeser is a microfinance institution focused on improving the economic well-being of rural populations. The institution has grown significantly, operating more than 25 branches across the Pacific, Central, and Northern regions. It serves micro, small, and medium-sized entrepreneurs, with an average loan size of approximately USD 2,000. Fundeser offers a broad range of products, including agricultural loans for coffee, livestock, vegetables, and fisheries; business loans for working capital and fixed assets, and other loans. To expand its reach, the institution combines branch operations with marketing initiatives and partnerships with non-banking correspondents. 

Fundeser maintains a structured credit risk management framework led by a credit risk manager and overseen by senior management, a risk committee, and internal audit functions. Loan applications undergo a rigorous assessment process to ensure compliance with established policies and procedures. Once approved, loans are disbursed in local currency through cash payments or bank transfers. Repayment schedules are tailored to borrowers’ cash flows and financing needs, supporting the institution’s objective of providing accessible and responsible financial services.