Featured photo: Bringing solar power to rural households in Nicaragua
Candido Rodriguez, a farmer who lives and works in a rural region of Nicaragua, was able to purchase a solar panel with the help of a local microfinance institution, Fondo de Desarrollo Local (FDL), that offers flexible repayment in order to make solar products affordable to families who live off the electric grid.
FDL is one of the many microfinance institutions supported by Global Partnerships, an OPIC client that aims to improve living standards for poor populations in Latin America and the Caribbean. To date, OPIC has lent money to three Global Partnerships funds, including one that has matured and been repaid in full.
Rodriguez, pictured here with two of his five children, says solar lighting has enabled him to be more productive in his work and provides clear light for his children to do their homework.