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.

Impact

Over the last 20 years, TechnoServe’s programs and business plan competitions have directly impacted more than 15,000 agricultural producers and entrepreneurs, creating more than 20,000 jobs and increasing participants’ incomes by an average of 25 percent.

Stories

A New Boost for Entrepreneurs in Central America and Africa

TechnoServe is supporting the growth of an innovative textile manufacturing company and hundreds of other small and growing businesses.

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Farmer Cooperative Promotes Education, Nutrition and Prosperity

Once in severe poverty, members of the Tomatoya-Chagüite Grande cooperative have doubled their incomes.

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Cocoa Offers New Hope for Nicaraguan Farmers

It’s a long way from the poverty and devastation of civil war to prosperity. In Nicaragua, TechnoServe has helped a farming cooperative make that journey by harnessing the potential of undervalued crops.

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Helping Farmers Cash in on Specialty Coffee

TechnoServe assistance is helping Nicaraguan coffee farmers to boost their incomes by catering to the more lucrative and expanding specialty coffee market.

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On The Ground

Projects

 

Impulsa Tu Empresa

Supported by the Argidius Foundation, Impulsa Tu Empresa aims to help more than 800 small and growing businesses boost their growth. Through mentoring, business training and business plan competitions, the program aims to increase sales by $13 million and generate 750 new jobs in Guatemala, Honduras, Nicaragua and Burkina Faso.
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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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Nicaragua
 

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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Boosting Enterprise Development

In August 2012, TechnoServe Nicaragua launched Impulsa Tu Empresa, a business accelerator program that will support the growth of 210 existing businesses and business ideas, helping to increase incomes and generate jobs. By facilitating access to finance, promoting market access, developing business plans and providing mentoring for high-potential small and growing businesses, TechnoServe aims to promote local economic growth in communities across Nicaragua.

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Nicaragua
 

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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Nicaragua
 

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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Blog Posts

July 17, 2014

Photo of the Week: Farming as a Business

Melvin Estrada has more than doubled the income from his cabbage farm by adopting new techniques and selling to more lucrative markets.

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May 8, 2014

Photo of the Week: A Salute to Mothers

In honor of Mother’s Day, TechnoServe recognizes the critical role that mothers play in lifting families out of poverty.

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April 15, 2014

Photo of the Week: Diversifying Her Farm

With TechnoServe's assistance, Cándida Busto and other cocoa farmers in Nicaragua are growing better quality cocoa while integrating fruit trees into their farms for additional income.

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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

Mesoamerica Program Manager,
Latin America & the Caribbean
ni-technoserve@tns.org

Resources