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 $722,230,475
Amount of raised Inactive loans $0 $302,625
Number of raised Inactive loans 0 235
Amount of Paying Back Loans $0 $134,583,725
Number of Paying Back Loans 0 154,932
Amount of Ended Loans $399,925 $587,344,125
Number of Ended Loans 1,056 728,200
Delinquency Rate 0.00% 8.50%
Amount in Arrears $0 $7,457,003
Outstanding Portfolio $0 $87,722,453
Number of Loans Delinquent 0 28,812
Default Rate 0.00% 1.17%
Amount of Ended Loans Defaulted $0 $6,846,698
Amount of Ended Loans $399,925 $587,344,125
Number of Ended Loans Defaulted 0 19,789
Currency Exchange Loss Rate 0.00% 0.27%
Amount of Currency Exchange Loss $0 $1,945,073
Refund Rate 15.49% 0.68%
Amount of Refunded Loans $61,950 $4,905,575
Number of Refunded Loans 80 5,418

Loan Characteristics On Kiva

    This Field Partner All Kiva Partners
  Loans to Women Borrowers 73.86% 74.41%
Average Loan Size $407 $416
Average Individual Loan Size $407 $653
Average Group Loan Size $0 $1,848
Average number of borrowers per group 0 8
Average GDP per capita (PPP) in local country $4,800 $5,937
Average Loan Size / GDP per capita (PPP) 8.47% 7.01%
Average Time to Fund a Loan 1.02 days 6.38 days
Average Dollars Raised Per Day Per Loan $398.82 $65.17
  Average Loan Term 8.91 months 10.78 months

Journaling Performance on Kiva

    This Field Partner All Kiva Partners
  Total Journals 249 354,921
  Journaling Rate 16.57% 41.30%
  Average Number of Comments Per Journal 0.72 0.06
  Average Number of Recommendations Per Journal 1.41 1.56

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 31.80% PY
  Profitability (return on assets) N/A 2.2% -1.81%
  Average Loan Size (% of per capita income) N/A 41.00% 19.39%

Country Fast Facts

Field Partner Staff

m k
Kendall Mau
test test