Now, as local bank reserves dry up and foreign financiers pull out of the country, cooperatives struggle to access the capital they need to pay farmers, let alone make long-term investments. Even in an extremely challenging business environment, our clients continue to produce and export coffee. When evaluating the impact of our loans, a key factor we examine is additionality. With local and international banks no longer funding coffee businesses in Nicaragua, social lenders like Root Capital have become the only option.
But that work has never been more important. Coffee cooperatives like UCCEI pictured above continue to provide opportunities for thousands of farmers. When traveling after dark turned impossible, Marbeli and Eddy started visiting cooperatives first thing in the morning.
Despite the odds, we are working with our clients in Nicaragua to do what they do best: transform rural communities.
Coffee leaf rust. Volatile prices. Afrodescendant peoples also enjoy collective rights in accordance with the Political Constitution of Nicaragua Read more. IWGIA's global report, the Indigenous World, provides an update of the current situation for indigenous peoples worldwide.
Read The Indigenous World. If you do not change browser settings, you agree to it. Learn more. EN ES. Indigenous peoples in Nicaragua There are seven indigenous peoples of Nicaragua. Nicaragua had the fastest-growing economy in the region after Panama, though at the time of writing, how much of a hit the country's various industries will take remains to be seen. One bright spot for urban, educated Nicaraguans is the increased outsourcing of jobs in the USA and Canada to Nicaragua in the fields of customer service, research, marketing, software development and call centers.
Unlike other sectors of the economy, these white-collar jobs are less impacted by political unrest. The central question to any such agreement is this: who benefits? The US stood to gain from cheaper imports, wider markets, investment opportunities and access to cheap foreign labor, but what was in it for Nicaragua? The short answer was exports, foreign investment and jobs.
What kinds of exports, investment and jobs? With 6. In the central and northern highlands, the Cacaopoeras and Matagalpas 15, may be Maya in origin, while the Chorotegas 46, , the Subtiavas 20, and the Nahoas 11, have similarities to the Aztecs. European heritage is just as diverse.
The Spanish settled the Pacific coast, while a wave of German immigrants in the s has left the northern highlands surprisingly chele white, from leche, or milk. And many of those blue eyes you see on the Atlantic coast can be traced back to British, French and Dutch pirates.
The original African immigrants were shipwrecked, escaped or freed slaves who began arriving soon after the Spanish. Another wave of Creoles and West Indians arrived in the late s to work on banana and cacao plantations in the east. Mix all that together, simmer for a few hundred years and you get an uncommonly good-looking people who consider racism a bit silly.
Football soccer is growing in popularity and is especially big in the north of the country. Boxing is also extremely popular and Nicaragua produces some champion pugilists, especially in the lower weight divisions. Many towns have pickup soccer, baseball, volleyball and basketball games, and foreigners are usually more than welcome to join in.
Cockfighting and bullfights, while considered controversial by many people, are still some of Nicaragua's most popular spectator sports, especially in rural areas. Alpha roosters with knives strapped to their feet slash each other apart in miniature bullrings while the crowd place bets and drinks copious amounts of moonshine. Rodeos and bullfights generally take place during fiestas patronales saints days. Despite popular belief, baseball was big here even before the marines arrived in — their presence just gave the sport a shot in the arm.
The first recorded series was played in , when two Bluefields teams — Four Roses and Southern — battled it out over seven games. Four years later, baseball fever hit the Pacific coast and by there was a national championship. For even better atmosphere, check out the biennial Atlantic Series, which features teams from all over the Caribbean region playing off for a cup.
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