AMC Honduras
Mission: to provide financial services to the micro-and small- business sector, with an outline of economic and social profitability.
Specialty: Providing microloans to the southwest region of Honduras
Organization Profile: In 2007, AMC El Salvador decided to open a new microfinance institution in the southwest region of Honduras, where the offer of microfinance services is scarce. With the birth of AMC Honduras, the organization was able to cover a strategic segment of micro-entrepreneurs and small farmers located between Honduras and El Salvador. AMC Honduras began with 7 employees in Choluteca and has since expanded to 26 employees in Choluteca, San Lorenzo, and Siguatepeque.
WCCN Partner Since: September 2011
Borrowers: AMC Honduras currently serves 2,856 men and women. Women represent 69% of borrowers and men represent 31%.
Lending Portfolio: AMC Honduras has an average loan size of $858 with a total lending portfolio of $2.12 million. Microenterprise accounted for 86% of the total lending portfolio, while housing, consumption, and coffee comprised of 7%, 5%, and 1%.
Website (In Spanish): http://www.amc.com.sv