Confianza’ means confidence in Spanish. And that is exactly what this microfinance institution wants its financial services to engender in new and small businesses. Financiera Confianza focuses primarily on people in the lower income groups in the Peruvian highlands. This group has hardly any access to the services of local banks. Financiera Confianza is also active in the capital city, Lima, and in other cities in the centre of Peru. Triodos Fair Share Fund has provided loans to Financiera Confianza to enable it to generate further growth.
KEY INDICATORS Financiera Confianza at year-end 2012
- number of loan clients: 96,910
- percentage female clients: 56%
- percentage rural clients: 13%
- average loan amount: EUR 1,586
- number of savings clients: 45,666
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.