Edpyme Crear Arequipa's mission is to achieve sustainability through the efficient utilization of resources, providing their clients better financial services.
Background and Main Challenges:
Edpyme Crear Arequipa was founded in 1998, by the NGO "Habitat Arequipa Siglo XXI". Since 1992, Habitat Arequipa has been dedicated to promote sustainable development of small and microenterprises that do not have access to the conventional banking system. As a principal challenge, Crear ... Read more
Edpyme Crear Arequipa was founded in 1998, by the NGO "Habitat Arequipa Siglo XXI". Since 1992, Habitat Arequipa has been dedicated to promote sustainable development of small and microenterprises that do not have access to the conventional banking system. As a principal challenge, Crear Arequipa wants to become a leader financial institution in the market. Hide
Crear Arequipa offers loans in soles and in dollars. Loan sizes range from 300 up to 15,000 soles (US$ 100 to 5,000 approximated) and between US$ 500 up to US$ 10,000 for loans in dollars. Loans have terms between 6 and 24 months. Arequipa's main clients are microentrepreneurs that have a ... Read more
Crear Arequipa offers loans in soles and in dollars. Loan sizes range from 300 up to 15,000 soles (US$ 100 to 5,000 approximated) and between US$ 500 up to US$ 10,000 for loans in dollars. Loans have terms between 6 and 24 months. Arequipa's main clients are microentrepreneurs that have a minimum of one year experience in business. They must demonstrate their ability to repay the loans and must be operating from a stable workplace. The average client has maximum monthly sales of about US$ 3,000 and total assets under US$ 15,000. Hide
MFI Report
