Finsol
Finsol is dedicated to promoting Honduras’ development by providing high-quality, ethical and transparent financial services. Finsol seeks to be the country’s leader microfinance provider with the highest performance indicators in the industry.
Active Borrowers: 9,609
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Average Loan: $4,124
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Amount Loaned: $4,670,000
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Active Savers: 35,717
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Active Portfolio: $39,629,000
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Savings Balance: $15,769
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Statistics as of Febuary 2013
Background
In June 1999, a group of private investors established Finsol as Honduras' first private microfinance institution. The microlending portfolio of FUNADEH, a Honduran nonprofit, was transferred to the newly created Finsol. Accion assisted Finsol through this transition by deploying a resident advisor focused on making improvements to the young institution’s credit methodology.
Finsol is currently an active member of the Red Accion (Accion network), the organization that brings together the world’s leading microfinance institutions to collaboratively strengthen the microfinance industry.
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