Women’s Economic Development

Women contribute economically to some households in rural Nicaragua and many homes are lead by single mothers. CEPAD provides training for women in farming techniques, organizes and funds community banks, and teaches other trades, which allow women to provide for themselves and their families.

  • Community Banking

    CEPAD helps women to organize community banks where 7-8 women come together to become financially literate through training and then take out a loan together. By taking out a group loan, there is greater accountability as each member is responsible to pay her piece of the loan on time. These loans are used to invest in women’s small businesses. For example, one woman may need the credit to purchase food in bulk to sell it at a higher price in her village to easily repay the loan and make money through sales.

  • Work Training Centers

    Many women in rural villages have expressed the need to learn new skills they can use to market or make things to sell. In 2015, CEPAD began a new project to give women the opportunity to come together in groups to learn how to make piñatas, jewelry, and typical Nicaraguan foods, items which they can market in their communities. Through building community, learning a trade, and sharing their experiences, women also boost their self-esteem.

  • Patio Project

    Through this project, CEPAD provides women with financing to purchase pigs and chickens to raise and reproduce in their backyards. The women use these pigs and chickens to sell in their communities to increase their incomes. They are also eaten so families have access to animal proteins in their diets, something that is often lacking in rural homes.

Read about the impact of micro loans for Carmen Acuña and her family here.