IDH Microfinanciera – Honduras
IDH was created at the initiative of the Institute For International Development with the aim of supporting entrepreneurs who are members of low-income Christian churches and wish to carry out economic activities.
In its beginnings in 1974, IDH provided only training directed at Honduran entrepreneurs. In 1997, a financing component was introduced to supplement their intervention, an exclusively group-based methodology as a first step and the individual one introduced later. In 2012, the MFI embarked on a process of professionalization and self-regulation to obtain the status of OPDF, regulated by the CNBS.
IDH’s vision is to be a leading financial institution in the country with a Christian approach with a significant impact on the economic and social standard of living of their clients, employees and investors. In order to achieve its vision, the institution contributes effectively and efficiently to improving the standard of living of its clients, generating economic, social and spiritual value.
The MFI serves more than 7,900 clients, 62% of whom live in rural areas, through its 13 branches. 56% of its clients are women. IDH offers a diversified range of credit products to meet the needs of its clients, with risk-differentiated terms and reimbursements tailored to the business. In addition, the institution also offers products for the purchase of solar panels.