Question 1

What is Finursa?

Accepted Answer

Finursa is a microfinance institution operating in Nicaragua. Registered with the Comisión Nacional de Microfinanzas (CONAMI), Finursa provides specialized financial services to support microentrepreneurs and small business owners throughout the country. The institution focuses on fostering economic growth among Nicaragua's underserved populations.

Question 2

When was Finursa founded?

Accepted Answer

[Information not publicly available]

Question 3

Where is Finursa headquartered?

Accepted Answer

Finursa is headquartered in Managua, Nicaragua, specifically in the Los Robles neighborhood, located 1/2 cuadra east of Restaurant Summer, near Grupo Carvajal. This central location in Nicaragua's capital city positions the institution to serve both urban and rural clients.

Question 4

Where does Finursa operate?

Accepted Answer

Finursa operates throughout Nicaragua, serving communities across the country. As a CONAMI-registered microfinance institution, it focuses on reaching small business owners and microentrepreneurs in both urban and rural areas who require access to financial services.

Question 5

What services does Finursa offer?

Accepted Answer

Finursa specializes in microfinance products designed for small-scale entrepreneurs. The institution's flagship product is "Rapiya," a microcredit program specifically directed at small merchants to foster working capital growth.

To qualify for Rapiya loans, clients must be Nicaraguan nationals residing in Nicaragua, aged between 21 and 73 years, and operating a business for at least one year. Applicants need valid identification, guarantees in good standing owned by the applicant, and a solvent credit history.

Finursa emphasizes transparency and legal compliance in all its operations, operating within the regulatory framework established by CONAMI and Nicaragua's microfinance laws.

Question 6

What makes Finursa unique?

Accepted Answer

Finursa distinguishes itself through its clear mission of providing microfinancial services "under a framework of legality and transparency." The institution's vision centers on becoming a leading microfinance provider known for high standards of quality, speed, and trust.

The institution maintains a strong commitment to good corporate governance and human talent management. Finursa's values include commitment, excellence, service attitude, teamwork, objectivity, confidentiality, prudence, innovation, integrity, respect, transparency, leadership, reliability, and equity.

Finursa operates with structured business hours (Monday to Friday, 8:00 AM to 5:00 PM) and maintains an active feedback system through a complaints and suggestions form on its website.

Question 7

What type of financial institution is Finursa?

Accepted Answer

Finursa is classified as an Institución de Microfinanzas (Microfinance Institution or IMF) under Nicaraguan law. It operates under the supervision of CONAMI, the National Microfinance Commission, which was established by Law No. 769 and reformed in 2023.

As a registered microfinance institution, Finursa is part of Nicaragua's specialized regulatory framework for entities focused on serving low-income sectors and microenterprises. This classification allows it to operate with regulations appropriate to its social mission while maintaining prudential standards for financial stability.

Finursa

in Nicaragua 🇳🇮

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About Finursa in Nicaragua