In The News Press Releases


Prisma in the News...


"Microcredit is Becoming Profitable, Which Means New Players and New Problems"   The Wharton School
Microcredit, the innovative financial tool that provides very small business loans to poor people, is moving into adolescence and must wean itself off non-profit donors to become an established part of the global capital structure, according to Wharton faculty and experts in microfinance...


"Big money in small loans, say microcredit boosters"   Reuters
Is there money to be made by giving tiny loans to very poor entrepreneurs? Yes, say a small group of investors who gathered in New York this week for a conference about microcredit, the practice of giving small loans to entrepreneurs, usually in developing countries, who are too poor to get conventional bank loans.


"Prisma MicroFinance's small loans offer chance to those with few resources to start a business"  Puget Sound Business Journal
In 1994, David Satterthwaite graduated from Haverford College and took a little bus trip - from Boston to Nicaragua. Accompanied by a Spanish-speaking friend, a few personal belongings and $6,000 in savings, Satterthwaite spent several years living in village homes, while sleeping four to a room with other family members. This adventure was the beginning of the company he now heads...


"Win-Win Situation"  The Wall Street Journal
Charitable groups have provided credit to unbankable entrepreneurs for years, but Mr. Satterthwaite's mission is to make the sector viable for private investment...





Press Releases


Prisma Announces $2 Million Round of Debt Financing, March 2005.

Prisma Announces Strong Camel Performance, September 2004.

Prisma Opens Honduran Subsidiary, February 2004.

Prisma Announces Close Of Convertible Debt Financing, October 2003.

Prisma Announces Additions to Management Team, May 2002.

President Of Prisma Microfinance Receives Acclaim For Microenterprise Banking Work In Central America, June 2001.