Update from Kiva Staff on September 1, 2009:

Prisma‘s partnership with Kiva was closed in September 2009 on a mutually agreeable basis. All money owed to Kiva lenders has been paid back. Kiva continues to partner with the Honduran branch, Prisma Honduras, whose fundraising borrowers can be found here.

Prisma Microfinance, Inc. is a microfinance institution which provides micro-loans internationally, helping to alleviate poverty while providing a return to investors. Microfinance services are targeted to low and moderate income businesses and households including the provision of credit for micro-loans.

Read More at: http://www.microfinancetravels.typepad.com

Prisma can be contacted via email at admin@prismahonduras.com.

Listen to an interview with Kendall Mau, Prisma Chief Financial Officer and Chief Operational Officer, here.


Repayment Performance on Kiva

    This Field Partner All Kiva Partners
  Start Date On Kiva Feb 15, 2006 Oct 12, 2005
Total Loans $399,925 $576,013,500
Amount of raised Inactive loans $0 $230,275
Number of raised Inactive loans 0 238
Amount of Paying Back Loans $0 $119,971,475
Number of Paying Back Loans 0 126,339
Amount of Ended Loans $399,925 $455,811,750
Number of Ended Loans 1,056 580,740
Delinquency Rate 0.00% 3.32%
Amount in Arrears $0 $2,631,042
Outstanding Portfolio $0 $79,156,996
Number of loanDelinquent 0 11,192
Default Rate 0.00% 1.09%
Amount of Ended Loans Defaulted $0 $4,983,531
Amount of Ended Loans $399,925 $455,811,750
Number of Ended Loans Defaulted 0 15,355
Currency Exchange Loss Rate 0.00% 0.07%
Amount of Currency Exchange Loss $0 $406,266
Refund Rate 15.49% 0.78%
Amount of Refunded Loans $61,950 $4,479,350
Number of Refunded Loans 80 5,008

Loan Characteristics On Kiva

    This Field Partner All Kiva Partners
  Loans to Women Borrowers 73.86% 74.23%
Average Loan Size $407 $419
Average Individual Loan Size $407 $656
Average Group Loan Size $0 $1,825
Average number of borrowers per group 0 8
Average GDP per capita (PPP) in local country $3,636 $3,439
Average Loan Size / GDP per capita (PPP) 11.18% 12.17%
Average Time to Fund a Loan 1.02 days 5.52 days
Average Dollars Raised Per Day Per Loan $398.82 $75.87
  Average Loan Term 8.91 months 10.25 months

Journaling Performance on Kiva

    This Field Partner All Kiva Partners
  Total Journals 249 286,751
  Journaling Rate 16.57% 42.42%
  Average Number of Comments Per Journal 0.72 0.08
  Average Number of Recommendations Per Journal 1.41 1.93

Borrowing Cost Comparison (based on 2009 data)

    This Field Partner Median for MFI's in Country All Kiva Partners
  Portfolio Yield N/A 36.00% 33.65%
  Profitability (return on assets) N/A 2.2% -1.40%
  Average Loan Size (% of per capita income) N/A 41.00% 41.35%

Country Fast Facts

Field Partner Staff

m k
Kendall Mau
test test