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FINSOL (Honduras)

Main Activities: Other Nondepository Credit Intermediation
Full name: Financiera Solidaria S.A. Profile Updated: December 11, 2023
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English & Spanish Download a sample report

Financiera Solidaria S.A. (FINSOL) is an institution that was established with the purpose of supporting the development of the microenterprise sector in Honduras. It was founded in June 1999 and currently operates with 25 branches located in the country's main cities. FINSOL was the pioneering institution in undergoing a regulatory process and specializes in serving the microenterprise segment. It has achieved significant growth over the years, with a loan portfolio of over Lps 1,277,000 million. FINSOL has provided support to more than 100,000 clients, including women heads of households, by offering financing and training to strengthen their entrepreneurial skills. In addition to credit services, FINSOL has also introduced savings accounts, certificates of deposit, and life insurance products for its clients. The company's goal is to continue supporting Hondurans in improving their quality of life and contributing to the country's development.

Headquarters
Blvd. 5, Street 1-2
San Pedro Sula; Cortes;

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Website: http://www.finsolhn.com/

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
June 01, 1999
Key Executives
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President
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Director
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Director
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Director
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Director
Company Performance
Financial values in the chart are available after FINSOL report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency HNL. Absolute financial data is included in the purchased report.
Net interest income
-2.49%
Net fee and commission income
-0.42%
Operating profit (EBIT)
-6.05%
Net Profit (Loss) for the Period
-8.66%
Total assets
-15.56%
Total equity
-4.21%
Total Assets Trend
N/A
Net Interest Income Trend
N/A
Cost to Income Ratio
-1.23%
Loans to Deposits Ratio
0.95%
Loans to Asset Ratio
15.88%

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