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F.J. Nieborowski

PARTNER: Fundación José Nieborowski (F.J. Nieborowski or FJN)
WEBSITE: N/A
COUNTRY: Nicaragua
ORGANIZATIONAL PROFILE: FJN started operations in 1994 in the Central Region of Nicaragua. It has positioned itself as one of Nicaragua's most important microfinance institutions, having received several international awards for outstanding performance.

Currently, FJN has a network of 12 branches in the departments of Boaco, Matagalpa, Esteli, Jinotega, Granada, Carazo and Chontales, providing credits to its clients at very competitive prices through individual lending methodologies. About 70% of its loan portfolio is in urban areas and 30% funds rural business activities.

GP PARTNERSHIP DETAILS:
  Origination and service for $2 million loan through Developing World Markets


ORGANIZATIONAL VITALS

# of BORROWERS:   19,315 (as of 12/31/07)
OUTSTANDING GROSS LOAN PORTFOLIO:   $18,109,085 (as of 12/31/07)