Banco Popular Honduras

Latin America

Region

106.0

Commitment (MNOK)

Active

Status

Banco Popular, operating in Honduras since 2004, plays a crucial role in supporting microentrepreneurs and small businesses that lack access to the formal financial system. Honduras faces low levels of financial inclusion. Only 45% of the population has a bank account, and rural areas encounter even more difficulties due to limited access to credit and financial literacy. Banco Popular has directed its efforts toward this untapped market, achieving success over the past 20 years. The bank’s focus on rural zones is especially valuable for Honduras’ economic and social development.

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Key information

Sector:
Financial Inclusion
Commitment (MNOK):
106.0
Year:
2024
Region:
Latin America
Country:
Honduras
Domicile:
Honduras
Instrument:
Loans
Status:
Active
Mandate:
Development