Arbor Assets
Our Partners 


Our first partner in the region was The Savings and Credit Cooperative of Orfilia Vasquez (COACOV). They began as a Rotating Savings and Credit Association (ROSCA) in 1997, operating in rural areas of the Department of Nueva Segovia in northern Nicaragua.  They work principally with landless women and in fact named their cooperative after one of their members who died in childbirth.  In addition to microlending, they work directly with their members in developing many critical capacities, including: a greater awareness of women’s health and gender concerns; financial principles and accounting relative to their microloan client needs; and greater environmental consciousness.  Beyond training, COACOV meets directly many of the technical, business, and land stewardship needs of their members by: planting and preparing seedlings for use in food gardens and reforestation projects; the installation of ovens that use less wood from the surrounding countryside; and the propagation of important farming and land management practices.  In administering microloans, they use solidarity groups.  Their legal representative, Rosibel Gonzales, has been active in social issues for 35 years.  She is available to provide additional information on our microloan program, as well as any of their other projects, at


Our second partnership in Nicaragua is with The Federation of Rural Associations for Integrated Development (FEDICAMP).  Founded in northern Nicaragua and consisting of eleven area associations and dozens of water boards therein, FEDICAMP places a unique emphasis on sustainable water solutions, including: rain harvesting systems, community water-filter construction, wells, and cisterns.  One of FEDICAMP’s foremost concerns in their stewardship of the countryside is reforestation.  Towards this end they provide seedlings for planting as well as trained technicians on staff to convey these skills to associated families.  For the administration of their microloans, FEDICAMP has cultivated credit committees in each of their eleven associations.  Their methodology for lending is to eschew group solidarity in favor of individual responsibility, using instruments like collateral and contracts to establish liability.  Their Executive Director is Miguel Marin.  He is able to answer any questions at  




Our first partner in Honduras was The Regional Association of Agricultural Services of Eastern Honduras, known as ARSAGRO.  Formed as a bean producers’ cooperative in 1993, ARSAGRO has grown in size to represent and assist 1,600 small producer families.  These small producers generally farm parcels of land 1-3 acres in size for subsistence, and then sell their surplus back to the coop after harvest.  Their biggest client is the United Nations World Food Program.  They have recently had some successes in the propagation of organic farming methods and bean varieties.   ARSAGRO works with their producer associates year-round and in a great many capacities, including: various training, machinery, technical assistance, and social programs.  They also operate finance and microfinance services, all of which further positions them to bring strategic value in our joint lending projects.  In administering microloans, ARSAGRO practices a group-lending methodology as well as making individual loans available on a collateralized basis.  Their General Manager is Dennis Irias.  He is available at to answer any inquiries on any of our shared projects or any of ARSAGRO’s many other endeavors and, particularly, some very good beans for sale.