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Board of Directors

Robert Shuh has extensive workplace experience in primary agriculture in the dairy, poultry and field crop sectors in Southern Ontario, and in international economic development managing a sesame seed project (Produmer) for Mennonite Economic Development Associates (MEDA) in Nicaragua. Robert serves as Chair of MEDA Canada, is a board member of Agro Capital Management (Ukraine) and has held positions on the Executive and Audit Committees of Mennonite Savings and Credit Union. He holds an MBA in Agriculture from the University of Guelph and has also studied theology and music.
Fred Wall is the owner and President of Enterprise Realty Ltd., which is a personal investment holding company and a registered real estate broker. Mr. Wall is currently working with Gerhard Pries at MEDA in the capacity of investment fund development. In this role, Mr. Wall is involved with raising money for Sarona and the mPower Investment Program, and has served as the President of the MiCrédito Board of Directors for the last 10 years. Previously, he was a partner and CEO in Western Profiles Limited, a plastics manufacturing company, an investment analyst with the Canadian Government's Department of Regional Economic Expansion, and a loan officer with the Canadian Government's Industrial Development Bank. Mr. Wall was also a Communication Engineer with Manitoba Telephone System and worked in industrial development with Manitoba Department of Industry. Mr. Wall received his Bachelor of Science in Electrical Engineering from University of Manitoba in 1961, and his Master of Business Administration from the University of Toronto in 1966.

Octavio Cortés is the former CEO of MiCrédito and holds a Masters in Public Administration (MPA) and a Bank Management Diploma. He has been MEDA’s country manager during the past 10 years, overseeing the development of the different programs in the country. He was involved directly in supervising Chispa and in participating in its merger with other equity partners in order to establish the regulated financial institution called CONFIA. He also served as president of its board becoming acquainted with how a bank works in a regulated environment. He was instrumental in the establishment of MiCrédito in 2004.

Traugott Horsch is Export Manager and share holder of Horsch Maschinen GmbH, a major European farm equipment manufacturer, based in Schwandorf, Germany since 1998. He is also member of the Management Committee of Horsch Anderson LCC, a joint venture operation of HORSCH for Airsseeder Production in Andover, South Dakota. As a director in the HORSCH Foundation he is involved in development projects in Nicaragua. Mr Horsch served as consultant for small farmer programs in Nicaragua since 1984 through Internationale Mennonitische Organisation (IMO) and Dienste in Übersee. He managed his own farm operation in Nicaragua from 1993-1998 and served during this period as a director in APENN (the Nicaraguan Farmers Association for nontraditional agricultural export products). Mr Horsch has a technical formation in farming and has studied Sociology and Economics at University of Mannheim, Germany.

Ms. Lehman has been working in international economic development for the past 15 years, most recently as a Program Officer with the Financial Services for the Poor team at the Bill & Melinda Gates Foundation. There she managed a grant portfolio that funded projects throughout the developing world, including funding to support mobile payment platforms in Bangladesh and Pakistan. From 2003 through 2007, Joyce spent most of her time in Afghanistan working with the World Bank, USAID and other bi-lateral donors to establish and support a microfinance sector. Currently, she is working as an independent advisor with a focus on financial inclusion.

Alfonso Sandino Granera graduated with a degree in law from the Universidad Católica de Nicaragua (UNICA) and with a Master's in Corporate Law from the Universidad de Valladolid, Spain. Mr. Sandino has participated in some of the most important transactions in Nicaragua and Central America including the multi-million dollar sale of 60% of CASUR, a major Nicaraguan sugar company. In support of this sale, he worked on stakeholder relations and prepared the financial and corporate contractual documents for the purchase by Gemina, a Guatemalan flour company.  Mr. Sandino has also provided corporate consulting to companies with important presence in Central America including Davidoff, Gildan Activewear (Canada), Grupo Monge (Central American retailer), HMV Pioneer (solar energy investor), Deli Pollo (restaurant franchise), Comercial Industrial San Martín (meat producer), Keller Williams Real Estate, Uno Nicaragua (Grupo Terra), Sahlman Seafoods, Glacial, etc.  He has also represented Walmart Mexico and Central America regarding its operations in Nicaragua.
Mr. LeVert-Chiasson is a Senior Partner and the Managing Director of Operations at Sarona Asset Management. He has worked with Sarona, formerly MEDA Investments, since 2008. He currently serves on several private equity funds' advisory committees. Prior to Sarona, Mr. LeVert-Chiasson was an underwriter and loan officer at Export Development Canada and business analyst at Credit Lyonnais. He also completed an internship with MiCrédito in Nicaragua in 2007. Mr. LeVert-Chiasson holds an MSc in Finance and Accounting from the London School of Economics, an International MBA from the Schulich School of Business (York University, Toronto) and is a CFA charter holder.
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