MICROCAPITAL BRIEF: DEG, FMO, Triodos to Invest Debt in Promerica of Nicaragua

Two microfinance investment vehicles, Triodos Microfinance Fund and Triodos Fair Share Fund, recently made a debt investment of unspecified amount in Promerica Financial Corporation (Promerica Group), a commercial bank based in Nicaragua. Triodos Investment Management, a subsidiary of Triodos Bank of the Netherlands, manages both funds. Nederlandse Financierings-Maatschappij voor Ontwikkelingslanden (FMO), the Dutch development bank; and Deutsche Investitions-und Entwicklungsgesellschaft (DEG), a German development bank, also participated in the investment with unspecified amounts of debt finance.