Nicaragua

Overview

Although Nicaragua is the second poorest country in the Western Hemisphere, its geography and natural resources are favorable for accessing both regional and international markets. The country’s growing economy is based largely in agriculture and tourism, with the financial industry starting to take root.

Since 1976, TechnoServe has been helping smallholder farmers and entrepreneurs in Nicaragua access formal markets, improve product quality, manage businesses, boost profits and become competitive. TechnoServe also works with entrepreneurs across various industries, providing business training, advice and support through several entrepreneurship development programs.

On The Ground

Projects

 

Ganadería Empresarial

Ganadería Empresarial (GANE) seeks to improve the livelihoods of smallholder livestock producers in Nicaragua. With support from the U.S. Department of Agriculture, TechnoServe is helping 4,000 farmers increase productivity, strengthen producer organizations and connect to higher-value markets.
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Impulsa Tu Empresa

Impulsa Tu Empresa aims to help more than 850 small and growing businesses boost their growth. Through mentoring and business training, the program aims to increase sales by $25 million and generate 750 new jobs in Guatemala, Honduras, El Salvador, Nicaragua and Burkina Faso.
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Better Coffee Harvest

Coffee is one of the most important economic activities for rural families in many parts of Central America. The Better Coffee Harvest (COSECHA) project is a four-year initiative funded by the U.S. Agency for International Development, the J.M. Smucker Company and the PIMCO Foundation to reduce poverty and increase farm sales for coffee farmers in El Salvador and Nicaragua. The project seeks to train 6,000 smallholders to improve productivity, quality, farm management and financial literacy; increase farm revenues by 25 percent; and build the capacity of local organizations such as cooperatives, exporters and trade associations to boost long-term productivity and facilitate financing. Since launching in 2014, the project has trained more than 7,570 farmers – 27 percent of whom are women – and established 128 coffee demonstration plots to be used for training purposes.
 

Supporting Women Business Groups

TechnoServe is implementing a two-year initiative that targets women in women’s business groups (WBGs) who are currently working in value addition or commercialization. The program combines one-on-one business consulting with linkage to finance, markets and technical expertise to provide the women with the skills, assets and social capital they need to reach their full potential as economic actors and leaders. WGBs also participate in financial literacy and leadership training, team-building exercises and network building. The approach is expected to improve the participants’ economic success, social position and household bargaining power. To date, 903 women have participated in the trainings, and the program has helped 25 WBGs generate more than $196,000 in incremental revenue.

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Promoting Cocoa Production

In Southern Nicaragua, TechnoServe is executing a cocoa project in partnership with the PIMCO Foundation to support a group of 100 farmers, the majority of whom are women. The project aims to generate incomes for poor families by giving them the opportunity to produce fine cocoa to sell to national and international buyers. Farmers are also generating additional income by producing and selling coconuts for local markets.

Partners

PIMCO Foundation

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Improving Livestock Livelihoods

In order to improve the income of 4,000 rural smallholder producers through increased production and marketing, TechnoServe is implementing Ganadería Empresarial (GANE), a Nicaraguan livestock initiative. GANE will address the livestock industry’s key barriers and constraints by improving the capacity of smallholder producers to increase quality production and the industry’s overall ability to meet stricter international food safety standards, positioning Nicaragua’s livestock industry to compete on a global scale. This long-term project will impact families in the departments of Jinotega, Madriz, Matagalpa, Nueva Segovia, Chinandega, Region Autónoma del Atlántico Norte and Región Autónoma del Atlántico Sur.

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Blog Posts

August 10, 2016

A Young Architect Building Success

In the four years since her father passed away, Ana Gabriela Méndez has been able to position the family business as a leading supplier in Nicaragua’s male-dominated construction industry.

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July 27, 2016

Nicaragua’s Budding Seed Industry

TechnoServe and Cargill are innovating in the sorghum sector by developing improved seeds and supporting Cargill’s sorghum suppliers.

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June 2, 2016

From the Field: Reflecting on 25 Years of Impact

Q&A with Finance Manager Ronald Espinoza on his 25 years supporting business solutions to poverty in Nicaragua.

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More Posts

Contact

TechnoServe Nicaragua

Kilómetro 8.5 Carretera Sur, Nejapa
Entrada a Reparto Puerta de Hierro, Casa Grande No. 2
Managua, Nicaragua

Tel. +505 2271 3369 / 70
 

Ryan Bathrick

Country Director 
rbathrick@tns.org

Resources