Peru Market Profile

June 30, 2014 - 6:45pm from MicroCapital
Absolute Portfolio Management (APM), an arm of Austria-based asset group C-Quadrat, recently informed MicroCapital that it has distributed credits worth approximately USD 9.4 million through its two Vision Microfinance funds to unspecified microfinance institutions (MFIs) in Armenia, India, Kazakhstan, Kyrgyzstan, Mongolia, Peru, Sri Lanka and Tanzania. A total of USD 2 million was loaned to an unnamed MFI based in the Sri Lankan city of Rajagiriya that was established in 2008 with the ...
June 26, 2014 - 12:41am from MicroCapital
The International Finance Corporation (IFC), the private-investment arm of the World Bank Group, has loaned EUR 35 million (USD 47.5 million) to Garanti Bank Romania, the Romanian arm of the Turkey-based Garanti Bank, to support on-lending to small and medium-sized enterprises (SMEs), including loans totaling EUR 20 million (USD 27.2 million) to companies owned or managed by women. As MicroCapital reported at the time,
June 24, 2014 - 7:00am from Acumen Fund Blog
Acumen Global Fellows are architects for the impact sector. They are innovators, game changers, visionaries, with various professional experiences looking to make substantial change in the world. They have thrived in companies such as Google; they have started their own companies in Sri Lanka, Canada and Malaysia.  They are choosing the challenge of working alongside our portfolio companies and immersing themselves in a rigorous leadership training. Over the past 9 years, thousands ...
June 16, 2014 - 2:34pm from MicroCapital
“Technical Guide: Performance and Social Indicators for Microfinance Institutions;” by Sebastian von Stauffenberg, Damian von Stauffenberg, Maritza Rodriguez, Rebecca Spradlin and Antonio Bryant; Published by MicroRate; 2014; 64 pages; available at http://www.microrate.com/media/downloads/2014/05/MicroRate_-Technical-Guide-20142.pdf Published by MicroRate, a ...
June 16, 2014 - 5:04am from MicroCapital
The International Finance Corporation (IFC), the private-investment arm of the World Bank Group, has announced that it is loaning USD 18 million to Financiera Confianza, a Peruvian microfinance institution (MFI) that offers microloans and deposit services to low-income entrepreneurs [1]. The loan is intended to support the expansion of the MFI’s operations in low-income and rural areas in Peru. Financiera Confianza is one of the eight financial entities associated ...
June 11, 2014 - 3:41pm from Center for Financial Inclusion Blog
> Posted by Jeffrey Riecke, Communications Associate, CFI As if we needed more motivation to support the expansion of microinsurance, the increase in extreme weather is highlighting the ability of the financial service to spur climate change adaptation. Farming in developing countries is responsible for 70 percent of the world’s food supply, and farmers in developing countries are vulnerable to ...
May 30, 2014 - 4:51pm from CGAP Microfinance Blog
Every year, CGAP’s Council of Governors (CG) brings together more than 30 international organizations committed to global financial inclusion. At the core of the meeting is reflecting on trends and priorities in the field as well as determining the role that CGAP should play in advancing responsible, market-based innovations to advance for poor people access to the financial services they need to improve their lives.
May 29, 2014 - 2:41pm from Innovations for Poverty Action Blog
Pamela Chan, CFED blog   Editor’s note, this post originally appeared on the CFED blog here.   How effective would you like your mobile banking alerts to be? Last month, The New Yorker featured a snarky mobile banking program in a humor column ...
May 29, 2014 - 2:41pm from Innovations for Poverty Action Blog
Pamela Chan, CFED blog   Editor’s note, this post originally appeared on the CFED blog here.   How effective would you like your mobile banking alerts to be? Last month, The New Yorker featured a snarky mobile banking program in a humor column ...
May 28, 2014 - 3:00pm from The Microfinance Research Blog
Summertime And the livin’ is easy —George Gershwin The hot months will soon arrive in the Northern Hemisphere and if you’re like us, you’re planning a little time off from your regular routine. We’ve got some sites to inspire you to make new dishes, read new books, and even appreciate an age-old form of entertainment. No matter your passion, there’s an active WordPress.com community talking about your interests.
May 22, 2014 - 5:04am from MicroCapital
The Microfinance Information Exchange (MIX), a US-based nonprofit, recently announced the launch of FINclusion Lab, a platform that provides interactive visual interpretation and analysis of country-specific data pertaining to financial services activities in Africa, Asia and Latin America [1]. The platform, currently in its “beta” testing stage, is geared toward helping financial service providers, policy makers, regulators and other development professionals assess the “access, quality, ...
May 12, 2014 - 4:55am from Mundo Microfinanzas
Políticas de inclusión financiera funcionan en comunidades rurales. La política de inclusión financiera emprendida por el gobierno peruano viene ayudando a crear oportunidades económicas en las zonas rurales donde habitan los usuarios de los programas sociales del sector, dijo este martes la viceministra de Prestaciones Sociales del Ministerio de Desarrollo e Inclusión Social (Midis), Norma
May 5, 2014 - 2:24pm from MicroCapital
Peru-based microlender Financiera Edyficar (Edyficar), an operating subsidiary of Peruvian bank holding company Credicorp, recently launched a microfinance institution (MFI) named Encumbra in the Colombian city of Medellin that will serve the micro- and small enterprise sector in the country. Credicorp plans to invest USD 78 million in Encumbra over the next eight years. The new MFI will provide loans of up to COP 15 million (USD 7,700) each. As of December 2012, Edyficar reported ...
May 1, 2014 - 5:24pm from Center for Financial Inclusion Blog
> Posted by V. McIntyre, Freelance Writer for the Harvard Kennedy School The Financial Inclusion 2020 campaign at the Center for Financial Inclusion at Accion is building a movement toward full financial inclusion by 2020. This blog ...
April 30, 2014 - 4:19pm from Portal de Microfinanzas - Noticias
La agresiva competencia que se registra en el mercado de crédito estaría deteriorando el nivel de calificación de las personas...
April 29, 2014 - 8:07pm from Portal de Microfinanzas - Noticias
El holding peruano lanzó Encumbra, propuesta que replicará el modelo de Edyficar y prevé invertir US$ 78 millones en 8 años...
April 29, 2014 - 8:00pm from Portal de Microfinanzas - Noticias
Aunque la penetración de productos bancarios se ha incrementado, aún existen barreras para que los bancos locales lleguen a todos los peruanos...
April 23, 2014 - 2:14pm from Center for Financial Inclusion Blog
> Posted by Danielle Piskadlo, Manager, Investing in Inclusive Finance, CFI The Investing in Inclusive Finance program at the Center for Financial Inclusion at Accion explores the practices of investors in inclusive finance. Across areas ...
April 14, 2014 - 9:41pm from MicroCapital
The Multilateral Investment Fund (MIF), a member of the US-based Inter-American Development Bank (IDB), has disbursed loans to Peruvian credit unions Cooperativa de Ahorro y Crédito Abaco and Fortalecer to expand financial services via intermediaries, including other credit unions, private firms and non-governmental organizations (NGOs) that provide retail lending to rural clients. MIF has provided a subordinated loan of USD 5 million to Cooperativa de Ahorro y Crédito Abaco to ...
April 14, 2014 - 6:20pm from Google news - microfinance
Peru's microfinance sector to foster mortgage lending in 2014Business News AmericasPeru's microfinance sector to foster mortgage lending in 2014. By Business ...