Microfinanzas Arariwa (Arariwa) is active in regions with a low penetration of other microfinance institutions and where poverty levels are among the highest in Peru. Arariwa offers a range of credit services, including village banking and individual loans. In addition, the institution offers workshops to its clients focused on health, financial literacy, business training and household management. Hivos-Triodos Fund has provided a loan to Arariwa to realise further growth.
KEY INDICATORS as of 31 December 2014:
- number of loan clients: 10,587
- percentage female clients: 77%
- percentage rural clients: 64%
- average loan amount: EUR 397
- number of savings clients: 0
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.