SosteNica empowers the people of Nicaragua to achieve healthy lives within vibrant, sustainable communities.
What We Do..
SosteNica provides microcredit (small amounts of money) at low interest to the people of Nicaragua directly and through several strategic partnerships and emphasizes loans that promote economic and community development.
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SosteNica has developed many programs that foster farm planning and production, increased economic activity, food security, education, sustainability, and unified solutions to local problems.
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SosteNica advocates a green, safe, and affordable housing solution for the people of Nicaragua. With the help of local and international building experts, SosteNica constructed its first model in the village of Nagarote. The design incorporates low-impact earth blocks, rainwater capture, and composting toilets.
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SosteNica promotes economic and community development in many regions of Nicaragua through credit, technical assistance, and outreach to low income businesses and small farmers.
We work collaboratively with our partners in Nicaragua, CEPRODEL (Centro de Promoción del Desarrollo Local or Center for the Promotion of Local Development) and FUDEMI (Fundación para el Desarrollo de la Microempresa), to promote economic development through micro-lending. We offer investment and donation opportunities directly to individual and institutional investors in the US. CEPRODEL and FUDEMI oversee the issuance of credit, together with the processing and administration of loans, to Nicaraguan borrowers.
In addition to extending loans to credit worthy, low-income applicants, SosteNica, CEPRODEL, and FUDEMI promote sustainable agriculture by working with farmers and with university extension programs to provide training in subjects such as integrated pest management, soil conservation, reforestation, water conservation and management, watershed protection and other ecologically sustainable practices. In addition, SosteNica advocates for sustainable housing solutions in Nicaragua.
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HOW DID SOSTENICA START?
The path to a world without poverty is based in dignity,
environmental stewardship, and strong community values.
Director of Cash and Investments for Catholic Health Initiatives
Arts Administrator when he isn’t contra-dancing, sailing or walking his dog
Money is one aspect of our lives.
Rev. Dr. Victor Wilson
Author of Divine Symmetries: The Art of Biblical Rhetoric