Location
Prisma Microfinance Inc., with headquarters in Boston, USA, established the microfinance institution Prisma de Honduras S. A. in February of 2004 in order to enter Honduras’s microfinance market as a new loan provider. The initiative began as a microfinance program in FINACOOP, a local cooperative, under an administration agreement valid until July of 2006.
After September of 2006, the initiative began to operate as an independent company, aimed at expanding its operations through low cost business and service centers, and under its own organizational structure promoting a strong operational team to achieve its goals. Currently, it is in a process of growth and strengthening its operations and foundation.
PRISMA has a total of 35 employees, of whom 12 are loan advisors.
PRISMA’s primary niche in the marketplace is micro and small entrepreneurs in the commercial, production, and service sectors. It also targets individual wage/salary earners.
