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.

Kiva HelpRepayment Performance on Kiva

    This Field Partner All Kiva Partners
  Start Date On Kiva Feb 15, 2006 Oct 12, 2005
Total Loans $399,925 $540,185,700
Amount of Raised Inactive Loans $0 $365,925
Number Of Raised Inactive Loans 0 252
Amount of Paying Back Loans $0 $111,883,875
Number Of Paying Back Loans 0 115,751
Amount of Ended Loans $399,925 $427,935,900
Number Of Ended Loans 1,056 549,722
Delinquency Rate 0.00% 3.26%
Amount In Arrears $0 $2,377,834
Outstanding Portfolio $0 $72,977,849
Number of Loans Delinquent 0 10,580
Default Rate 0.00% 1.01%
Amount of Ended Loans Defaulted $0 $4,332,252
Amount of Ended Loans $399,925 $427,935,900
Number Of Ended Loans Defaulted 0 14,039
Currency Exchange Loss Rate 0.00% 0.06%
Amount of Currency Exchange Loss $0 $298,028
Refund Rate 15.49% 0.82%
Amount of Refunded Loans $61,950 $4,417,000
Number Of Refunded Loans 80 4,864

Kiva HelpLoan Characteristics On Kiva

    This Field Partner All Kiva Partners
  Loans To Women Entrepreneurs 73.86% 74.10%
Average Loan Size $407 $417
Average Individual Loan Size $407 $656
Average Group Loan Size $0 $1,814
Average Number Of Entrepreneurs Per Group 0 8
Average GDP Per Capita (PPP) in Local Country $3,636 $3,462
Average Loan Size / GDP Per Capita (PPP) 11.18% 12.06%
Average Time To Fund A Loan 1.02 days 5.29 days
Average Dollars Raised Per Day Per Loan $398.82 $78.89
  Average Loan Term 8.91 months 10.05 months

Kiva HelpJournaling Performance on Kiva

    This Field Partner All Kiva Partners
  Total Journals 249 269,088
  Journaling Rate 16.57% 42.08%
  Average Number Of Comments Per Journal 0.72 0.09
  Average Number Of Recommendations Per Journal 1.41 2.06

Kiva HelpBorrowing Cost Comparison (based on 2009 data)

    This Field Partner Median for MFI Peers in Country All Kiva Partners
  Portfolio Yield N/A N/A 34.93%
  Profitability (Return on Assets) N/A N/A -1.11%
  Average Loan Size (% of Per Capita Income) N/A 40.10% 42.70%

Kiva HelpCountry Fast Facts

Field Partner Staff

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Kendall Mau
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