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Posted on April 06, 2016

On April 7th, 2016, Enclude’s Managing Director of Capacity Solutions, Roland Pearson, will join the U.S. Ambassador to Nicaragua and representatives from Banco de América Central Nicaragua (BAC-Nicaragua) at BAC-Nicaragua’s Managua headquarters to sign a Memorandum of Understanding (MOU) to express commitment and generate public awareness for a new program working to expand access to credit to women entrepreneurs in Nicaragua. The Variable Payment Obligation (VPO) Program, which officially launched in September 2015 and is funded by USAID and the Argidius Foundation, mobilizes capital from BAC-Nicaragua and third-party impact investors to lend through BAC-Nicaragua using an innovative underwriting methodology and repayment schedule, complemented with business acceleration services.

Read more here (http://tinyurl.com/h2mlzuf).

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