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Lifeskils Development
provides small loans of $500 - $1000 to artisans and craftsmen in
Nicaragua in support of start-ups and expansion of small businesses. Loans
are used to purchase materials, pay for sales efforts or provide
emergency funding in the event of illness. The micro-loan programs
are also supported by donors. To donate, please call our office at (225)665-2476. Our micro loan program is administered through our office in Nicaragua. In order to cover administrative and other costs, below market interest rates are charged to the borrower. As the fund expands, the loan program will expand to other small businesses but will continue in the same $500 to $1000 range for the foreseeable future.
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