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Nicaragua to debut in microinsurance market

Friday, April 11, 2014

Nicaragua's microfinance companies will enter the microinsurance market this year.

"This year we will offer an insurance for our female clients. It is a product that is high in demand and we will start offering it in the second quarter," Pro Mujer Nicaragua general manager Gloria Ruiz said.

Some seven companies in the country will enter the microinsurance and micropension markets this year, said Fernando Guzmán, president of the Nicaraguan association of microfinance institutions.

Source (in Spanish): El Nuevo Diario