CareLink extends loan repayment relief to micro-funded businesses

Given these extraordinary times, CareLink will grant a temporary 90-day loan repayment forbearance to our many Honduran businesses. This will enable those families whose businesses have been impacted by the pandemic to preserve cash and take care of their essential financial priorities while recovering from business interruption.

This action, while having a significant impact on CareLink’s cash flow, is necessary to ensure these families and their businesses can survive.

Consider Neri, for example, pictured nearby and in a group photo in front of her neighborhood medical clinic near Tegucigalpa. Neri, a nurse and registered health care worker, operates a neighborhood medical clinic from her home and serves the medical needs of hundreds of children in her community. These kids live in extreme poverty (defined by the World Bank as less than $2.00 per day per person). CareLink funded Neri’s business in 2019 with a micro-loan and a variety of donated medical equipment and supplies. Medicine shortages, gangs, criminal activity, and gunshots are a part of the “normal” environment for Neri…and she serves with courage and compassion. Neri’s small business not only provides a critical service to her community, but it also creates business income that sustains her family. Thank you, Neri! You are a true hero.