A member of the Nicaraguan Association of Microfinancing Associations, Fondo de Desarrollo Local is a lead institution in credit service provision in Nicaragua’s rural sector.  FDL’s portfolio is over $ 54 million dollars placed with more than 75,000 clients, 61% of whom are women, and 62% of the credits are agricultural.
FDL has received various international acknowledgements as one of the most transparent and best administered institutions in Central America and the Caribbean including: the CABEI Prize 2006 for Microfinancing Management; the Certificate of Transparency granted by the Consultative Group to Assist the Poor (CGAP); and the Prize for Excellence in Microfinances for Non-regulated Institutions.

MISSION:
The Local Development Fund (FDL) is a non-profit association created by the Nitlapán – UCA Institute to provide financial services to small and medium rural and urban businesspeople to allow them to increase their living standard and capital.
To fulfill its mission, FDL has skilled and competent human resources with appropriate infrastructure and technology, and is linked to institutions that are working for national development.

VISION:
FDL aims to be the leader in providing rural credit services to small and medium business people, financing working and investment capital with financial and social profitability. To that end it requires skilled, competent human resources committed to local development. In addition it establishes links with national and foreign institutions to attract funds, and with other like-minded organizations. It also acquires appropriate infrastructure and technology.

VALUES:

• Equity in services access
• Professional ethics
• Spirit of service
• Respect
• Commitment to human development
• Honesty
• Ideological tolerance
• Efficiency and Effectiveness