IDH

The meaning of IDH (Inversiones para el Desarollo Hondureño) immediately reveals what this NGO stands for: “investing in development in Honduras”. IDH has been doing this since its founding in 1974, when it described its goal as strengthening and supporting disadvantaged Hondurans. At the end of 2020, IDH provided credits to more than 13,000 micro-entrepreneurs (49% men, 51% women). Most of them are customers who do not have access to formal banking services. The IDH central office operates 20 agencies. Part of IDH’s credit portfolio, particularly in the agriculture and transport sectors, was severely affected by the COVID-19 crisis and therefore it was decided to grant a nine-month postponement to the 500,000 dollar capital repayment scheduled for November 2020.