FUNED - La Fundación para el Desarrollo de Honduras (Foundation for the Development of Honduras) # of clients: 10,032 % women: 81% Outstanding Loans: US$ 2,188,733 Staff: 60 Founded: 1994 Director: Elibaldo Acosta Microcredit Programs: FUNED applies all three loan delivery methodologies: community banks, solidarity groups, and loans to individuals. Loans range from a minimum of $28 for community bank borrowers to a maximum of $14,000 for individual loans. Primary client activities are in commerce (92%), followed by manufacturing (7%) and miscellaneous services (1%). FUNED's headquarters is in Tegucigalpa; its six branch offices are distributed throughout 11 departments of the central, r, south, east, and west Honduras. << Back to map