Financiera Crear is a medium-sized microfinance institution that primarily operates in the urban areas of Lima and in Peru’s second city, Arequipa, which is its home base. Financiera Crear extends loans to principally city traders. Small traders can use these loans as working capital or as a loan with which to invest. Triodos Microfinance Fund and Triodos Fair Share Fund have provided Financiera Crear various loans so that it can expand its loan portfolio.
KEY INDICATORS Financiera Crear at year-end 2012:
- number of loan clients: 134,781
- percentage female clients: 54%
- percentage rural clients: 0%
- average loan amount: EUR 1,342
- number of savings clients: 433
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.