Instituto para el Desarrollo Hondureno

Gross Loan Portfolio USD, 2010: 2.4 million

Number of active borrowers 2010: 6,919

Average loan balance per borrower USD, 2010: 349.8

Deposits USD, 2010: 0.0

Assets USD, 2010: 2.9 million

Number of depositors 2010: 0

Mission:

“Ser agentes de transformación de familias, interesadas en mejorar sus vidas. Acompañándolas en el desarrollo de sus potencialidades y facilitándoles apoyo, capacitación, asistencia técnica y financiamiento para sus negocios. Siguiendo el llamado de nuestro Señor Jesucristo de servir”

Background and Main Challenges:

Fue fundado con el proposito de empoderar al pobre para transformar sus vidas espiritualmente y economicamente. Nos hemos comprometido a ser una solucion de trabajo orientada a los pobres a través del microcrédito.

Address:

FINAL Blvd.Los Proceres.Colonia Izaguirre, Contiguo a la Agencia Barret.

Tegucigalpa, M.D.C.

Honduras

Phone:

(504) 2221-1396/3956

Fax:

(504) 221-3960

Email:

idh [at] digmanet [dot] hn

Website:

www.idh.hn

Main Funding Sources:

Grants

Loans

Products and Services:

Loans

Looking for (Investment Types):

Loans in Local Currency

Date established:

Jan 1 1979

FYE:

31-Dec

Current Legal Status:

NGO

Regulated:

Social Performance Profile


+ Mission specifics
+ Target markets (ranked by importance)
Women	1
Clients living in rural areas	2
Clients living in urban areas	3
Jovenes de 18 a 30 años, que desean impulsar o mejorar sus negocios.	4
Adolescents and youth (below 18)	5
+ Development goals (ranked by importance)
Increased access to financial services	1
Employment generation	2
Poverty reduction	3
Growth of existing businesses	4
Development of start-up enterprises	5
Gender equality and women's empowerment	6
Youth opportunities	7
Health improvement	8
Water and sanitation	9
Improvement of adult education	10
Children's schooling	11
Housing	12
+ Poverty targets
Very poor clients
Poor clients
Low income clients
+ Governance
Has trained members of its board on social performance management
Has a formal board committee that monitors social performance
+ Range of products and services
+ Financial products and services offered
+ Credit products offered
Microcredit for household needs/consumption
SME loans
Housing loans
+ Savings products offered
Voluntary savings accounts
+ Compulsory insurance products required
Seguro médico por accidente
+ Voluntary insurance products offered
Voluntary credit life insurance
+ Other financial products and services offered
+ Non-financial services offered
+ Enterprise services offered
+ Education services offered
Financial literacy education
+ Health services offered
+ Women's empowerment services offered
Leadership training for women
Charlas generales sobre la mujer y su liderazgo comunitario, a traves de Bancos de Confianza
+ Products and services targeting the poor
Products and services specifically designed to target the poor:
+ Social responsibility to clients
+ Client protection principles in use
The loan approval process requires evaluation of borrower repayment capacity and loan affordability. Loan approval does not rely solely on guarantees (whether peer guarantees, co-signers or collateral) as a substitute for good capacity analysis.
Internal audits check household debt exposure, lending practices that violate procedures including unauthorized re-financing, multiple borrowers or co-signers per household, and other practices that could increase indebtedness.
Productivity targets and incentive systems value portfolio quality at least as highly as other factors, such as disbursement or customer growth. Growth is rewarded only if portfolio quality is high.
Prices, terms and conditions of all financial products are fully disclosed to the customer prior to sale, including interest charges, insurance premiums, minimum balances, all fees, penalties, linked products, third party fees, and whether these can change over time.
Staff is trained to communicate effectively with all customers, ensuring that they understand the product, the terms of the contract, their rights and obligations. Communications techniques address literacy limitations (e.g. reading contracts out loud, materials in local languages).
The organization's corporate culture values and rewards high standards of ethical behavior and customer service.
Customers know how their information will be used. Staff explains how data will be used and seeks permission for use.
+ Cost of services to clients
+ Social responsibility to staff
+ Human resources
Transparency on salary (a clear salary scale based upon market salaries)
Benefits (medical insurance, pension contribution)
Equality (anti-discrimination, equal pay for men and women with equivalent skill levels)
Beneficios establecidos por la ley
+ Basis of staff incentives related to social performance
Ability to attract new clients from target market
Portfolio quality
+ Social responsibility to the environment
This institution raises clients' awareness about environmental impacts
+ Poverty measurement tools in use