For more than 20 years, socially responsible donors and investors have sent some of their assets to Nicaragua through SosteNica. Our goals include social justice, sustainability, economic development, and environmental stewardship. Social justice and economic development come about when low-income borrowers access needed credit to realize their productive potential…read more
SosteNica and CEPRODEL have launched a five-year effort to supply 50 families in the Nagarote region with the tools, the seed, the training, and the motivation to diversify their family farms while reforesting and restoring part of the micro-watershed “66” along the Tamarind River. “Sos Productivo”–the name of the program–announces to the participants, “You are productive!”…read more
When is a small house more than mere shelter? When it is built with your own hands, using locally available building materials. SosteNica is promoting a rediscovery of earthen construction in housing cooperatives, complemented by eco-technologies such as: composting toilets designed to recycle nutrients back into the soil to retain and build fertility; plant based grey…read more
SosteNica’s collaborative work integrates environmental and educational projects with financial services, creating a holistic and long-term approach to the alleviation of poverty in Nicaragua. Our loan programs are designed to strengthen Nicaraguan communities. We attempt to ensure that Nicaragua’s culture and way of life have a sustainable future despite the homogenizing pressures of the global economy. SosteNica offers socially conscious investors in the US an opportunity to use their financial resources constructively, while having a positive impact on a struggling developing country’s economy. SosteNica affords the productive poor of Nicaragua — small farmers and micro-enterprises — access to credit that is otherwise scarce. The combination of thoughtful First World investment and careful, socially conscious lending to the poorest, creditworthy borrowers of Nicaragua creates an opportunity for sustainable growth.