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 $685,672,875
Amount of raised Inactive loans $0 $742,250
Number of raised Inactive loans 0 472
Amount of Paying Back Loans $0 $128,689,125
Number of Paying Back Loans 0 142,922
Amount of Ended Loans $399,925 $556,241,500
Number of Ended Loans 1,056 693,973
Delinquency Rate 0.00% 6.42%
Amount in Arrears $0 $5,340,968
Outstanding Portfolio $0 $83,175,064
Number of Loans Delinquent 0 16,971
Default Rate 0.00% 1.10%
Amount of Ended Loans Defaulted $0 $6,120,560
Amount of Ended Loans $399,925 $556,241,500
Number of Ended Loans Defaulted 0 18,792
Currency Exchange Loss Rate 0.00% 0.21%
Amount of Currency Exchange Loss $0 $1,442,588
Refund Rate 15.49% 0.69%
Amount of Refunded Loans $61,950 $4,737,225
Number of Refunded Loans 80 5,262

Loan Characteristics On Kiva

    This Field Partner All Kiva Partners
  Loans to Women Borrowers 73.86% 74.26%
Average Loan Size $407 $416
Average Individual Loan Size $407 $655
Average Group Loan Size $0 $1,838
Average number of borrowers per group 0 8
Average GDP per capita (PPP) in local country $3,636 $3,379
Average Loan Size / GDP per capita (PPP) 11.18% 12.32%
Average Time to Fund a Loan 1.02 days 6.11 days
Average Dollars Raised Per Day Per Loan $398.82 $68.15
  Average Loan Term 8.91 months 10.68 months

Journaling Performance on Kiva

    This Field Partner All Kiva Partners
  Total Journals 249 338,211
  Journaling Rate 16.57% 41.55%
  Average Number of Comments Per Journal 0.72 0.07
  Average Number of Recommendations Per Journal 1.41 1.64

Borrowing Cost Comparison (based on 2009 data)

    This Field Partner Median for MFI's in Country All Kiva Partners
  Average Cost to Borrower N/A 36.00% PY 32.11% PY
  Profitability (return on assets) N/A 2.2% -1.96%
  Average Loan Size (% of per capita income) N/A 41.00% 19.61%

Country Fast Facts

Field Partner Staff

m k
Kendall Mau
test test