PHILARH ODPF

In Honduras, PILARH ODPF is a microfinancing institution that has been commited for more than sixteen years to guiding entrepreneurial people make their business a success. BRS asbl has helped PILARH ODPF for many years to turn it into the solid organisation it is today (32,000 customers, 14,000 borrowers).

The USD 1 million loan in lempira approved by BRS Microfinance Coop in 2018 allowed about a thousand small entrepreneurs to get started. The loan was half repaid in April 2020, and at the end of 2020 is was decided to grant a new loan of  USD 500,000 dollar loan in lempira for three years.

Afterwards, BRS granted MF Coop another new loan (latest USD 1 million until 2024)

At the request of  PILARH ODPF, BRS also offers additional support through counselling provided by Cera and BRS volunteers.