Belgian Investment Company for Developing Countries
The Belgian Investment Company for Developing Countries (BIO) is an economic development agency located in Brussels, Belgium, founded in 2001. Its primary goal is to foster a robust private sector in developing and emerging countries, facilitating access to sustainable growth and development. BIO directly invests in private sector projects, contributing significantly to the socio-economic development of the host countries. The agency's mandate emphasizes specific geographical targets, diverse financing tools, and a strong focus on the impact of its investments on development, aligning with international development goals. The management of BIO's assets is overseen by its executive management team, ensuring that its initiatives effectively support sustainable economic progress in the regions it serves.
Fondo de Desarrollo Local is a regulated microfinance institution based in Managua, Nicaragua, established in 1992. It specializes in providing banking products and services to individuals and solidarity groups in both rural and urban areas. The company offers a variety of financial solutions, including micro loans for working capital, seasonal sales, investments, equipment purchases, personal expenses, and housing improvements for small and medium-sized businesses. Additionally, it extends loans tailored for agricultural and livestock purposes, as well as individual loans for personal expenses, home buying, and vehicle purchases. Fondo de Desarrollo Local also provides micro insurance products, covering family safety, income, and other insurance needs. Its commitment includes supporting women entrepreneurs through short-term lending and microcredit services.
Fondo de Desarrollo Local
Debt Financing in 2017
Fondo de Desarrollo Local is a regulated microfinance institution based in Managua, Nicaragua, established in 1992. It specializes in providing banking products and services to individuals and solidarity groups in both rural and urban areas. The company offers a variety of financial solutions, including micro loans for working capital, seasonal sales, investments, equipment purchases, personal expenses, and housing improvements for small and medium-sized businesses. Additionally, it extends loans tailored for agricultural and livestock purposes, as well as individual loans for personal expenses, home buying, and vehicle purchases. Fondo de Desarrollo Local also provides micro insurance products, covering family safety, income, and other insurance needs. Its commitment includes supporting women entrepreneurs through short-term lending and microcredit services.
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