The mission of microfinance institution EDPYME Raíz is ‘to provide micro-financial services to help you to grow’ with the aim to improve the living standards of its clients and their families. EDPYME Raíz started its operations in the Lima district but has expanded in the last five years to the northern, central and southern part of Peru. Through its network of 24 agencies and several informal points-of-sales the institution offers financial products to small and micro-entrepreneurs in mainly urban areas. Given the institution’s strength and solid growth, Triodos Fair Share Fund and Triodos Microfinance Fund have provided a loan to EDPYME Raíz.
KEY INDICATORS EDPYME Raíz at year-end 2012:
- number of loan clients: 96,048
- percentage female clients: 50%
- percentage rural clients: 9%
- average loan amount: EUR 1,422
- number of savings clients: -
Whoever you are, and wherever you live in the world, you are likely to want permanent access to financial services. Microfinance banks play a crucial role providing access to finance to an increasing number of people living on low-incomes. We finance microfinance institutions because they help to build inclusive financial sectors, where the majority of people have access to financial services, leading to a sustainable basis for balanced social and economic development.