« Back to Projects

PILARH Honduras

Cooperative Development Organisation

Implementing Partners and Organisations

PILARH

Period of Implementation

January 2015 - December 2021

Geographic scope

Americas: Honduras

Budget

$ 126,000
€ 120 000

Donor(s)

Others: Own funding

Sector(s)

Banking & Financial Services, Rural Development, Social

Type of Activity

Budget support (Grants or Direct Financing), Governance and Organizational Strengthening, Institutional Building and Policy Dialogue, Training & Capacity Building

Summary

Expansion of the financial services of the savings and credit organization Pilarh in collaboration with Trias. Developping new savings products and marketing, setting up new Audit department, assisting internal control. In 2019 BRS resumed its collaboration with Pilarh around a number of new themes: microinsurance, cooperative governance, etc. BRS also organised a Management training course in Belgium. BRS MF Coop granted a loan to Pilarh. BRS Microfinance Coop is a cooperative investing by way of loans or capital injection in specialist microfinance organisations in Africa, Latin America and Asia

Project Objectives

Expansion of the financial services of the savings and credit organization Pilarh in collaboration with Trias.

Impact on SDGs

SDG1 - No Poverty
SDG5 - Gender Equality
SDG10 - Reduced Inequalities

Main Indicators

Transparency on products
Adapted financial products
Responsible pricing
Overindebtedness

Impact Measurement

Microfact Factstheet
Cerise SPI4 Audit report (social rating)

Direct beneficiaries

Organisations: 1

Individuals: 32000

Local stakeholders

PILARH

Key Tags

Entrepreneurship, Food Security, Informal economy